After speaking to Harley-Davidson dealers late last week, RBC Capital Markets analyst Edward Aaron said in a research note published today that August was likely a slower month for H-D retail sales following double-digit gains from May to July.
Aaron also reports that the supply/demand relationship “still seems favorable. Dealers continue to see the demand environment as stable and indicate that [model year 2012] products have been well received. Meanwhile, inventories remain low and pricing appears firm.”
RBC’s outlook for H-D continues to be for single-digit retail growth in 2012.