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Forbes Expects Harley-Davidson to Announce Gains for Q3 2011

In anticipation of Harley-Davidson announcing its third-quarter performance in 2011 Forbes.com expects Harley will reveal its third straight quarter of sales growth. The article says that financial analysts expect “earnings of $0.76 per share, up 47.4% from the same quarter of last year.” Additionally, an 18.8% gain in revenues is expected. Interestingly, the article refers to Harley’s motorcycles as “luxury items,” and as such sees Harley’s increased sales and profit as a possible harbinger of an improving U.S.

Storm Tears Facade Off Colorado Harley-Davidson Dealership

A Harley-Davidson dealership in Pueblo, Colo., suffered some serious damage after heavy winds from a spring storm ripped off the wall of the dealership’s second floor. The 34,000 square-foot Outpost Harley-Davidson dealership on I-25 in Pueblo usually features a high front wall that sticks up above the building’s gable roof (see the “before” picture below). The damage occurred early in the morning and it’s not clear at this point if anyone was around when it happened.

US Motorcycle Thefts Down 6% in 2011

Americans reported 46,667 motorcycle thefts in 2011, a 6% decrease from 49,791 stolen motorcycles in 2010, reports the National Insurance Crime Bureau. Despite the drop in reported thefts, the non-profit organization representing nearly 1100 property and casualty insurance companies says the theft rate still averages out to one motorcycle stolen every 11 minutes in the U.S. The numbers were published in the NICB’s 2011 ForeCAST Report which examined theft reports as well as recoveries.