Harley-Davidson

Harley-Davidson, Inc. is engaged in the manufacture and sale of custom, cruiser, and touring motorcycles. It operates through the following segments: Motorcycles & Related Products and Financial Services. The Motorcycles & Related Products segment manufactures, designs, and sells at wholesale on-road Harley-Davidson motorcycles as well as motorcycle parts, accessories, general merchandise, and related services. The Financial Services segment consists of financing and servicing wholesale inventory receivables and retail consumer loans, primarily for the purchase of Harley-Davidson motorcycles. The company was founded by William Sylvester Harley, Arthur Davidson, Walter C. Davidson, Sr. and William A. Davidson in 1903 and is headquartered in Milwaukee, WI.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Harley-Davidson reports robust 2022 performance, eyes growth opportunities in 2023

Harley-Davidson's strong finish in 2022 reflects its commitment to profitable growth and innovation. While facing challenges in certain segments, the company is well-positioned for future growth through strategic investments and product enhancements. By focusing on core markets and maintaining profit margins, Harley-Davidson aims to return to historical levels of profitability.

Harley-Davidson reports robust Q1 revenue growth and strategic shifts

Harley-Davidson's Q1 2023 showed strong revenue growth and operational improvements, with a focus on premium segments and brand desirability.
Challenges include declining global retail sales, moderation in margins, and credit loss rates, but opportunities exist in new product launches and credit loss reduction strategies.
The company maintains full-year guidance, emphasizing profitability over volume and addressing challenges through strategic initiatives.
Overall, Harley-Davidson's performance in Q1 reflects a balanced approach to growth, profitability, and brand enhancement.

Harley-Davidson navigates revenue challenges with strategic focus and innovations

Harley-Davidson's Q2 performance reflects progress on strategic initiatives amidst revenue challenges and operational efficiencies.
The company's strengths lie in its customer-centric approach, product innovation, and focus on profitability and inventory management.
Challenges include financial pressures, inventory imbalances, and market uncertainties, requiring strategic adjustments and operational resilience.
Opportunities in new markets, promotional strategies, and operational enhancements offer avenues for growth and customer engagement in the future.

Harley-Davidson navigates challenges, sees growth potential in key categories

Harley-Davidson faced challenges in Q3 due to macroeconomic factors and production suspensions, impacting revenue and operating income.
Despite these challenges, the company demonstrated strength in key categories, profitability growth, and effective inventory management.
Opportunities lie in managing current challenges, aligning inventory levels, and driving growth through promotional activities and new initiatives.
Maintaining focus on cost productivity, dealer inventory mix, and supporting promotions is crucial for navigating the challenging market conditions ahead.

Harley-Davidson reports mixed Q4 results, eyes growth in retail units

Harley-Davidson's Q4 2023 showed mixed financial results with revenue down but improved profitability margins. The company faces challenges in retail sales decline and negative operating leverage impacting margins in 2024. However, opportunities exist in retail unit growth, stable HDFS income, and LiveWire expansion.

Harley-Davidson Q1 2024: Revenue Decline, LiveWire Launch Success

Harley-Davidson faced revenue and operating income declines in Q1 2024, with a focus on improving margins and clearing inventory.
Strengths include successful LiveWire launch, reaffirmed guidance, and strategic pillars driving growth.
Challenges include regional softness, margin pressure, and operational improvements needed in the LiveWire segment.
Opportunities lie in cost reduction, inventory clearance, financing adoption, and stable HDFS business health.

Harley-Davidson reports revenue growth and product success amidst regional challenges

Harley-Davidson's Q2 2024 performance reflects revenue growth, strong product reception, and operational improvements, despite regional challenges.
The company's proactive inventory management and focus on younger customer segments present opportunities for future growth and market expansion.
However, market dynamics and margin pressures pose challenges that require strategic adjustments to maintain competitiveness and profitability.

Harley-Davidson faces retail challenges but sees success in touring lineup

Harley-Davidson navigated a challenging market environment in Q3, with notable success in the touring lineup and financial services. The company is adjusting strategies to address lower demand and support dealer health while eyeing opportunities for growth in 2025.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

MILWAUKEE , Nov. 27, 2024 /PRNewswire/ -- The Harley-Davidson, Inc. (NYSE: HOG) Board of Directors has approved a cash dividend of $0.1725 per share for the fourth quarter of 2024. The dividend is payable December 23, 2024 to the shareholders of record of the Company's common stock as of December 10, 2024.

Harley-Davidson, Inc. Declares Dividend

HOG reports better-than-expected Q3 earnings and slashes 2024 revenue guidance for the HDMC segment.

Harley-Davidson Shares Decline 3% Since Q3 Earnings Beat

UPPLANDS VÄSBY, Sweden, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Öhlins Racing the global leader in advanced suspension technology, has debuted its first front fork for Harley-Davidson motorcycles – the American V-Twin 48 Blackline front fork. Included in this landmark release is the new Öhlins STX Pro Blackline shock absorber. Both products are equipped with Öhlins' cutting-edge technologies from Bagger Racing and aim to enhance the comfort and overall riding experience for Harley-Davidson enthusiasts.

Öhlins Launches First Front Fork and New STX Pro Shock Upgrades for Harley-Davidson

Harley-Davidson stock currently trades at about $33 per share, around 33% below its levels of $49 seen on May 17, 2021 (pre-inflation shock high), and appears to be undervalued. Harley saw its stock trading at around $30.50 at the end of June 2022, just before the Fed started increasing rates, and remains up by about 8% from those levels driven by easing inflation numbers.

Can Harley Stock Rev Up To $50?

Harley-Davidson lowered its revenue forecast for 2024 as stubborn inflation, high interest rates and consumer blowback from a DEI controversy impacted the motorcycle maker's sales.

Harley-Davidson cuts revenue forecast on inflation, DEI backlash

Harley-Davidson, Inc. (NYSE:HOG ) Q3 2024 Earnings Conference Call October 24, 2024 9:00 AM ET Company Participants Shawn Collins - Director, Investor Relations Jochen Zeitz - Chief Executive Officer Jonathan Root - Chief Financial Officer Karim Donnez - LiveWire Chief Executive Officer Conference Call Participants Craig Kennison - Baird Megan Alexander - Morgan Stanley James Hardiman - Citi Joseph Altobello - Raymond James Robin Farley - UBS Fred Wightman - Wolfe Research Alex Perry - Bank of America Noah Zatzkin - KeyBanc David MacGregor - Longbow Research Tristan Thomas Martin - BMO Capital Markets Jaime Katz - Morningstar Operator Thank you for standing by. And welcome to the Harley-Davidson 2024 Third Quarter Investor and Analyst Conference Call.

Harley-Davidson, Inc. (HOG) Q3 2024 Earnings Call Transcript

The headline numbers for Harley-Davidson (HOG) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Compared to Estimates, Harley-Davidson (HOG) Q3 Earnings: A Look at Key Metrics

The name brand bikemaker has seen sales slump amid rising uncertainty about the economy and policies. A conservative-led boycott against the company's DEI policies only added to Harley-Davidson's sales woes.

Harley-Davidson slashes forecast as sales slammed by DEI boycott, inflation

Harley-Davidson (HOG) came out with quarterly earnings of $0.91 per share, beating the Zacks Consensus Estimate of $0.82 per share. This compares to earnings of $1.38 per share a year ago.

Harley-Davidson (HOG) Q3 Earnings Beat Estimates

Harley-Davidson Inc.'s stock fell 2% early Thursday, after the iconic motorbike maker topped estimates for the third quarter despite steep declines in profit and revenue, but lowered its full-year guidance to reflect a still-struggling consumer.

Harley-Davidson's stock down 2% as lowered guidance offsets earnings beat

MILWAUKEE , Oct. 24, 2024 /PRNewswire/ -- Harley-Davidson, Inc. ("Harley-Davidson," "HDI," or the "Company") (NYSE: HOG) today reported third quarter 2024 results. "We have worked diligently through the quarter to mitigate the impact of high interest rates, and macroeconomic and political uncertainty, that continue to put pressure on our industry and customers, especially in our core markets," said Jochen Zeitz, Chairman, President and CEO, Harley-Davidson.

Harley-Davidson Delivers Third Quarter Financial Results

Harley-Davidson trimmed its revenue forecast for the year as sticky inflation and high borrowing costs hurt demand for motorcycles in North America.

Harley-Davidson cuts full-year revenue forecast

Harley-Davidson, Inc. HOG will release earnings results for its third quarter, before the opening bell on Thursday, Oct. 24.

Harley-Davidson Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Evaluate the expected performance of Harley-Davidson (HOG) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Exploring Analyst Estimates for Harley-Davidson (HOG) Q3 Earnings, Beyond Revenue and EPS

Harley-Davidson (HOG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Harley-Davidson (HOG) to Report a Decline in Earnings: What to Look Out for

Webcast Conference Call Scheduled for 8 a.m. CDT MILWAUKEE , Oct. 3, 2024 /PRNewswire/ -- Harley-Davidson, Inc. (NYSE: HOG) will release its third quarter 2024 financial results before market hours Thursday, October 24, 2024.

Harley-Davidson, Inc. To Report Third Quarter Results On October 24, 2024

On October 2, shares of Harley-Davidson Inc. (NYSE: HOG) fell 5% after analysts at Baird downgraded the stock from Buy to Neutral, lowering the price target to $40 from $42. The downgrade was prompted by alarming feedback from dealers regarding third-quarter trends.

Harley-Davidson stock falls 5% after Baird's downgrade: Should you be selling?

Baird downgraded Harley-Davidson Inc  (NYSE:HOG) to "neutral" from "buy" earlier, with the analyst in question citing lackluster retail guidance for the third quarter and an inventory surplus.

Harley-Davidson Stock Downgraded on Dismal Outlook

Baird analyst Craig Kennison downgraded Harley-Davidson stock to Hold from Buy, and lowered his price target to $40 from $44.

Harley-Davidson Stock Is Falling. A Former Bull Left the Pack.

Harley-Davidson is recalling about 41,600 model year 2024 motorcycles over concerns that the wiring inside the bikes could experience a short circuit.

Harley-Davidson recalls 41K motorcycles over wiring issue that could cause loss of power

MINNEAPOLIS--(BUSINESS WIRE)--It was digital manufacturing leader Protolabs' quick-turn parts for the win in partnership with Harley-Davidson® Factory Racing. The team competes in the King of the Baggers series, a one-of-a-kind motorcycle competition bringing together the best riders in the world to race large Harley-Davidson Road Glide® motorcycles at speeds exceeding 180 mph. The racing team's dedication to constant iteration has produced faster, nimbler bikes capable of setting course record.

Harley-Davidson® Factory Racing Elevates Podium Finishes with Protolabs

Harley-Davidson stock currently trades at about $38 per share, around 22% below its levels of $50 seen on May 17, 2021 (pre-inflation shock high), and appears to be undervalued. On the other hand, automotive major Ford stock is down by about 10% over the same period.

Will Rate Cuts Send Harley Stock Back To $50

The motorcycle company is no longer consulting the Human Rights Campaign's metric for treatment of LGBTQ+ employees. Harley-Davidson also affirmed its rejection of hiring quotas, supplier diversity spend goals and "socially motivated content" included in training.

Harley-Davidson drops diversity efforts after online pressure

Deere & Company

Harley-Davidson is pulling back its DEI programs, following backlash from a conservative activist. Robby Starbuck has led social media campaigns against companies for their DEI practices.

Companies from Harley-Davidson to John Deere are backing down on DEI

Harley-Davidson (NYSE:HOG) backtracked on its diversity programme after being targeted by conservative influencer Robby Starbuck. The famous motorbike manufacturer has faced a backlash from customers after policies (DEI) championed by chief executive Jonathan Zeitz on race theory, climate change and gender prompted calls to boycott the US icon.

News for Harley-Davidson Stock (HOG)