Group 1 - Harley-Davidson has been facing challenges recently, with a previous recommendation of 'buy' made in late October 2022 [1] - The overall picture for the motorcycle manufacturer has deteriorated since the earlier positive outlook [1] Group 2 - Crude Value Insights provides an investment service focused on oil and natural gas, emphasizing cash flow and growth potential [1] - Subscribers benefit from a stock model account, detailed cash flow analyses of exploration and production firms, and live discussions about the sector [2]

Core Points - Harley-Davidson, Inc. will release its second quarter 2025 financial results on July 30, 2025, before market hours [1] - An audio webcast for discussing financial results and business developments is scheduled from 8-9 a.m. CT on the same day [1] - A slide presentation supporting the discussion will be available prior to the audio webcast [1] Company Background - Harley-Davidson, Inc. is the parent company of Harley-Davidson Motor Company and Harley-Davidson Financial Services [3]

Group 1 - Harley-Davidson has been fined $1.4 million by Japan for violating market quota regulations [1]

Core Insights - Central Standard Craft Distillery will relocate its main operations to a refurbished 73,000-square-foot space on the historic Harley-Davidson campus in Milwaukee, aiming to open in late spring 2026 [1][3] - The expansion is expected to increase distillery production capacity by 20 times and create new job opportunities, with headcount projected to double [4][3] - Both Central Standard and Harley-Davidson have a strong history of investing in the Milwaukee community, enhancing local economic and tourism landscapes [2][6] Company Developments - Central Standard's new facility will include full distillery production, a tasting room, tours, and private events, consolidating operations currently spread across three locations [1][4] - The project is designed by Minnesota-based firm HGA, which has previously worked on Central Standard's Crafthouse & Kitchen [5] - Harley-Davidson continues to invest in the Juneau Avenue area, recently unveiling Davidson Park as part of its commitment to community revitalization [6][7] Market Position - Central Standard Craft Distillery is recognized as the fastest-growing top-10 distiller in Wisconsin, producing award-winning spirits from locally sourced ingredients [9] - The partnership with Harley-Davidson is seen as a strategic move to enhance Central Standard's presence and engagement within the Milwaukee community [4][3]

Core Viewpoint - The Law Offices of Frank R. Cruz is investigating potential claims against the board of directors of Harley-Davidson, Inc. regarding possible breaches of fiduciary duties to shareholders and allegations of gross mismanagement of the company [1]. Group 1 - The investigation focuses on whether the board of directors of Harley-Davidson has acted in the best interests of shareholders [1]. - Shareholders are encouraged to participate in the investigation if they hold shares in Harley-Davidson [1]. Group 2 - The Law Offices of Frank R. Cruz provides contact information for shareholders who wish to discuss their rights and interests related to the investigation [3].

Core Points - Harley-Davidson confirmed the election of all nine Director nominees at the 2025 Annual Meeting of Shareholders [1] - The search for Harley-Davidson's next CEO is ongoing, led by the search committee [1] - CEO Jochen Zeitz expressed gratitude to shareholders and emphasized the company's commitment to long-term value creation [2] Company Overview - Harley-Davidson, Inc. is the parent company of Harley-Davidson Motor Company and Harley-Davidson Financial Services, aiming to be the most desirable motorcycle brand globally [3] - The company has a controlling interest in LiveWire Group, Inc., the first publicly traded all-electric motorcycle company in the U.S., focusing on urban adventure and electric motorcycle innovation [3]

Core Points - Harley-Davidson shareholders have elected all of the company's Director nominees during the 2025 Annual Meeting of Shareholders [1] - The Board expressed gratitude to shareholders for their trust and support, emphasizing ongoing engagement and commitment to shareholder interests [1] - Preliminary voting results indicated that shareholders approved all other proposals submitted for a vote at the Annual Meeting [1] Company Overview - Harley-Davidson, Inc. is the parent company of Harley-Davidson Motor Company and Harley-Davidson Financial Services, aiming to lead the motorcycle industry through innovation and emotional connection [2] - The company has a controlling interest in LiveWire Group, Inc., the first publicly traded all-electric motorcycle company in the U.S., focusing on urban adventure and electric motorcycle branding [2]

Financial Data and Key Metrics Changes - The company did not achieve the originally set goals for 2024 but believes that the decisions made are strengthening its foundation for the future [17] - Retail sales of the Touring segment were up 18% in the first half of the year, with a full-year increase of more than 8% despite a 4% decline in overall retail sales in North America [18] Business Line Data and Key Metrics Changes - The Touring segment's retail sales growth contributed to Harley Davidson's market share reaching almost 75%, an increase of 3.5% since 2023 [18] - The company continues to invest in core motorcycle segments and plans to launch impactful new products annually, including a new Cruiser lineup and a new trike expected in 2026 [19] Market Data and Key Metrics Changes - LiveWire's global retail performance grew by 46% year over year, maintaining a 65% market share in the US for the fifty-plus horsepower on-road EV segment [20] Company Strategy and Development Direction - The company is focused on creating products beyond motorcycles, such as apparel and licensing, and is pursuing brand collaborations to connect with customers [21] - The company is evaluating an external investment into Harley Davidson Financial Services, with multiple interested parties involved [22] Management's Comments on Operating Environment and Future Outlook - The management highlighted that the headwinds facing the broader powersports and discretionary leisure industry are complicated, particularly in the EV segment [20] - The company is committed to innovation and exploring opportunities in segments with potential for market success and profitability [19] Other Important Information - The company confirmed that the HDFS transaction is progressing, with details expected during the second quarter earnings presentation [22] Q&A Session Summary Question: What is the company doing to improve sales and interest in the products being offered today and into the future? - The company is developing and innovating its product lineup and delivering experiences such as events to grow sales [25][26] Question: LiveWire was possibly premature. Why isn't it being shelved? - The company is evaluating all options for its investment in LiveWire and does not plan to provide additional investments beyond a line of credit agreement [28] Question: Will the results of the share voting be shared publicly? - The results will be shared publicly once official, with necessary SEC filings expected [30]

Core Viewpoint - Harley-Davidson is urging shareholders to vote "FOR ALL" of its director nominees on the WHITE proxy card ahead of the 2025 Annual Meeting of Shareholders scheduled for May 14, 2025, emphasizing the importance of shareholder participation in protecting their investment and the company's future [1][2][4]. Shareholder Engagement - The company stresses the urgency for shareholders to cast their votes by telephone or online, highlighting that every vote is crucial regardless of the number of shares owned [2][3]. - Harley-Davidson has communicated directly with shareholders, reinforcing the significance of their votes in shaping the company's direction and leadership [2][4]. Board of Directors and Leadership Transition - The company is at a pivotal moment in its 120+-year history, actively seeking a new CEO who can uphold its heritage and drive future growth [5]. - The Board of Directors is engaged in a rigorous process to identify a suitable leader, and the current campaign by H Partners is viewed as a distraction that could hinder this process [5][12]. Proxy Advisory Support - Institutional Shareholder Services (ISS), a leading independent proxy advisor, has recommended that shareholders vote "FOR ALL" of Harley-Davidson's director nominees, stating that H Partners has not made a compelling case for change [8][10]. - ISS has noted that the strategy implemented by the current leadership has positively impacted the company's performance, contrasting with its previous underperformance [10]. Opposition to H Partners - The company characterizes H Partners as an opportunistic hedge fund whose campaign is self-interested and detrimental to shareholder interests [11][13]. - H Partners' actions are seen as undermining the Board's efforts to attract the best CEO candidates, with ISS indicating that the campaign has likely delayed the CEO search process [12].

Core Insights - Harley-Davidson and MotoGP are launching a new global racing championship featuring Harley-Davidson bagger motorcycles, set to debut in 2026 [1][3] - The championship will consist of twelve races at six Grands Prix across Europe and North America, with two races per round [1][4] Company Overview - Harley-Davidson has a rich history of over 120 years in pioneering performance both on and off the road, and aims to expand its global racing ambitions through this new series [5] - The company is focused on innovation and maintaining its status as the most desirable motorcycle brand in the world, offering customizable motorcycles and a lifestyle experience [6] Technical Specifications - The racing motorcycles will weigh approximately 280 kilograms (617 pounds), produce over 200 horsepower, and generate 245 Nm (180 lb-ft) of torque, capable of reaching speeds over 300 kilometers per hour (186 mph) [4] - All bikes in the series will be identical to ensure close competition, with an expected grid of six to eight teams, each fielding two riders [4] Strategic Collaboration - The partnership between Harley-Davidson and MotoGP is seen as an opportunity to expand Harley-Davidson's global reach and bring a new audience to the sport [5] - The collaboration aims to deliver a unique spectacle for fans, enhancing the Grand Prix weekends where the series will compete [5]