Harley-Davidson reports a quarterly loss. How consumer confidence has hit motorcycle sales.
Harley-Davidson Inc. on Wednesday reported a fourth quarter loss of $117 million as its motorcycle revenue fell sharply and its Live Wire electric bikes continued to lose millions. The company said high interest rates contributed to eroding consumer confidence and sales declines.
Harley-Davidson posts nearly $117 million loss in fourth quarter of 2024
MILWAUKEE (AP) — Harley-Davidson Inc. (HOG) on Wednesday reported a loss of $116.9 million in its fourth quarter. The Milwaukee-based company said it had a loss of 93 cents per share. The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 68 cents per share.
Harley-Davidson forecasts weak 2025 as spending falters
Harley-Davidson on Wednesday forecast 2025 profit and motorcycle revenue to be flat to down 5% as consumers temper big-ticket purchases, sending its shares down 5% in morning trade. Demand for leisure vehicles has fallen off since the pandemic,
Harley-Davidson sees FY25 EPS flat to down 5%
HDMC revenue flat to down 5% and operating income margin of 7.0%-8.0%. Sees FY25 HDFS operating income down 10%-15%; LiveWire
Harley-Davidson Swings to 4Q Loss as Sales Slump
Harley-Davidson swung to a loss in the last three months of 2024 as revenue plunged on weak sales volumes and shipments of motorcycles. The motorcycle maker posted a fourth-quarter loss of $116.9 million,
Harley-Davidson expects weak 2025 motorcycle revenue as spending falters
Harley-Davidson said on Wednesday it expects 2025 motorcycle revenue to be flat to down 5%, as consumers pulled back from big-ticket purchases, sending its shares down about 3.5% in premarket trade.
Harley-Davidson Forecasts Weak Motorcycle Sales This Year
Harley-Davidson had a rough 2024. The motorcycle maker warned this year might not be much better, sending shares down around 2% in premarket trading. The company projected motorcycle sales revenue and per-share earnings in 2025 could fall as much as 5%.
Tariffs 'are on everybody's mind' says Harley-Davidson CEO
The issue of tariffs is, understandably, a prominent feature of this earnings season, but iconic motorbike maker Harley-Davidson Inc. says that it’s too early to tell how this will pan out. “Tariffs are on everybody's mind,
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Harley-Davidson Forecasts 2025 Motorcycle Revenue Flat to Down 5%
(Reuters) - Harley-Davidson said on Wednesday it expects 2025 motorcycle revenue to be flat to down 5%, as consumers pulled ...
Harley-Davidson’s stock slips after Q4 loss amid ‘cyclical headwinds for discretionary products’
The high-interest rate environment has impacted consumer confidence, according to Harley-Davidson CEO Jochen Zeitz ...