Features

Lehman Trikes reports net loss in its third quarter

Lehman Trikes’ increased sales did not overcome an increase in costs as the company reported a loss in its third quarter.

The South Dakota-based manufacturer reported a loss of more than $14,000 in its third quarter, which ended Aug. 31.

Lehman Trikes’ third-quarter sales followed a year-long pattern, as they were up nearly 8 percent to more than $6 million. Costs of good sold, however, jumped 22 percent compared to the year-ago period.

For its first nine months, Lehman Trikes’ revenue has risen 18 percent, to $17.2 million, compared to a year ago.

  • To return to the current issue, click here.
  • For more of the latest news, click here.

One Comment

  1. I’m not sure if I am at the right place, but I own a 1982 honda goldwing in good shape, the problem I have is the trike has no reverse, Is there a kit a person could install to alllow reverse.

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
EPG Brand Acceleration
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.