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Harley-Davidson cuts revenue forecast on inflation, DEI backlash
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 Lowers Full-Year Revenue Forecast on Weak Demand
The company said on Thursday it now expects full-year global shipments to be down 16% to 17%, compared with its prior forecast of down 7% to 10%. Harley also forecast annual retail sales to be down 6% to 8%. Previously it expected sales to be flat to up 3%.
Harley-Davidson slashes forecast as sales slammed by DEI boycott, inflation
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: Hold Rating Amid Weak Demand and Strategic Cost Management
Analyst Craig Kennison of Robert W. Baird maintained a Hold rating on Harley-Davidson (HOG – Research Report), retaining the price target
Harley-Davidson’s stock falls as motorbike maker lowers guidance to reflect still-pressured consumer
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 cuts annual revenue forecast on weak demand
(Reuters) -Harley-Davidson lowered its revenue forecast for the year as sticky inflation and high borrowing costs hurt demand for motorcycles in North America, sending the company's shares down 3.3% before the bell on Thursday.
Harley-Davidson (HOG) Q3 2024 Earnings Call Transcript
And welcome to the Harley-Davidson 2024 third-quarter investor and analyst conference call. Please be advised that today's conference is being recorded. I would now like to hand the conference over to Shawn Collins.
Harley-Davidson Slashes Motorcycle Shipments as Sales Stall
Motorcycle maker Harley-Davidson slashed third-quarter motorcycle shipments by almost 40% year-over-year as dealers try to work out an inventory glut. That set up the company for a bleak full-year outlook.
Harley-Davidson’s Sales Drop, Prompting Cut in 2024 Outlook
Harley-Davidson Inc.’s motorcycle shipments fell in the latest quarter on lower demand for its high-margin bikes, prompting a downward revision in its full-year forecast.
Harley-Davidson Profit Declines In Q3, But Beats Estimates
Harley-Davidson (HOG) revealed earnings for third quarter that decreased from last year but beat the Street estimates. The
Harley-Davidson: Q3 Earnings Snapshot
The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 82 cents per share. The motorcycle maker posted revenue of $1.15 billion in the period. Its adjusted revenue was $881.
9h
Local Harley-Davidson dealer calls off winter shutdown as company boosts support
While a southeast Wisconsin Harley-Davidson dealer dropped a winter-shutdown plan, others around the country are closing, ...
Opinion
1d
on MSN
Opinion
Trump’s getting Harley-Davidson’s story wrong: It’s not about tariff skipping
As he tells the story, the iconic American company was forced to build bikes in India to get around its crushing import duty.
1d
Navy Veteran 'Vindicated' by $287M Verdict Against Harley-Davidson After Crash Killed His Partner (Exclusive)
We wanted to hold Harley-Davidson accountable so nobody else would go through the same tragedies,” Harold Morris says ...
5h
Buy Rating for Harley-Davidson Backed by Potential Future Demand and Underlying Strength Despite Current Challenges
Analyst Megan Alexander of Morgan Stanley maintained a Buy rating on Harley-Davidson (HOG – Research Report), retaining the price target ...
BizTimes
1d
Harley-Davidson global retail sales fall 13% in third quarter
Citing lower than expected retail demand,
Harley-Davidson
lowered its 2024 guidance during the company’s third quarter ...
2d
on MSN
Harley-Davidson recalls nearly 16,000 bikes for front brake issue. It could increase crash risk
Harley-Davidson is recalling nearly 16,000 motorcycles for a brake issue which could increase the risk of a crash. The recall ...
autoevolution
3d
Thousands of Harley-Davidson Low Riders Can Loose Braking Power All of a Sudden
American bike maker Harley-Davidson announced the recall of 15,778 Low Rider El Diablo and ST made from 2022 to 2024 over a ...
1d
Harley-Davidson reports Q3 EPS 91c, consensus 79c
Reports Q3 revenue $1.15B, consensus $965.78M. “We have worked diligently through the quarter to mitigate the impact of high interest ...
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