(Reuters) – Harley-Davidson reported a 38% fall in fourth-quarter profit on Thursday, hurt by slowing demand for motorcycles in North America as consumers cut back spending on pricier leisure purchases amid sticky inflation.
The company’s net profit fell to $26 million, or 18 cents per share, in the quarter, from $42 million, or 28 cents per share, a year earlier.
(Reporting by Kannaki Deka in Bengaluru; Editing by Shounak Dasgupta)
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