(Reuters) – Harley-Davidson on Thursday suspended its annual forecasts as the motorbike maker navigates headwinds related to U.S. President Donald Trump’s tariffs.
The results come at a time when Trump’s vacillating tariff policy is upending companies across sectors, with many pulling their annual forecasts.
Rival Polaris, which makes the “Indian” brand of motorcycles, withdrew its annual sales and profit forecasts on Tuesday and flagged a hit from weak consumer demand and tariffs.
Harley’s first-quarter revenue fell 23% to $1.33 billion.
(Reporting by Nathan Gomes in Bengaluru; Editing by Shounak Dasgupta)
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