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Harley-Davidson's profit declines 25.6 pct on lower shipments

April 18 Iconic motorcycle maker Harley-Davidson Inc reported a 25.6 percent fall in quarterly profit, hurt by a drop in shipments.

The Milwaukee-based company's net income fell to $186.37 million, $1.05 per share, in the first quarter ended March 26, from $250.49 million, or $1.36 per share, a year earlier.

Revenue from motorcycles and related products fell 15.7 percent to $1.33 billion. (Reporting by Rachit Vats in Bengaluru; Editing by Maju Samuel)

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