Harley-Davidson checks show Q4 U.S. retail sales up 6%-8%, says Citigroup Citigroup said its Harley-Davidson dealer channel checks indicate the company's Q4 U.S. retail sales rose 6%-8%. Citi says dealer inventories likely increased slightly given better availability. The firm expects investors to view the positive U.S. retail sales in Q4 as favorable and keeps a Buy rating on the stock.
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Harley-Davidson mentioned cautiously at ITG Research ITG Research said Harley-Davidson's March was slower than it expected. The firm added that its U.S. retail sales estimate for Harley-Davidson's March quarter is down 1.2% versus the consensus of up 5.2%.