Q2 2024 Results Thursday, July 25, 2024 Q2 2024 RESULTS – EARNINGS CALL Call Participants ▪ Jochen Zeitz, Chairman, President and CEO ▪ Jonathan Root, Chief Financial Officer ▪ Karim Donnez, CEO – LiveWire (NYSE: LVWR) ▪ Shawn Collins, Director Investor Relations 2 Q2 2024 PERFORMANCE HEADLINES • Delivered diluted EPS of $1.63 • HDMC operating income margin of 14.7% • North America motorcycle retail performance down 1%, while retail sales of Touring and CVO motorcycles up more than 12% in the U.S. • Touring ...

Harley-Davidson (HOG) came out with quarterly earnings of $1.63 per share, beating the Zacks Consensus Estimate of $1.43 per share. This compares to earnings of $1.22 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 13.99%. A quarter ago, it was expected that this motorcycle maker would post earnings of $1.48 per share when it actually produced earnings of $1.72, delivering a surprise of 16.22%.Over the last four quarters, the ...

MILWAUKEE, July 25, 2024 /PRNewswire/ -- Harley-Davidson, Inc. ("Harley-Davidson," "HDI," or the "Company"), (NYSE: HOG) today reported second quarter 2024 results."Despite a challenging market, we are pleased with our second quarter performance, in which we grew our U.S. market share in a declining market, with notable unit growth of more than 11 percent in the important core category of Touring1," said Jochen Zeitz, Chairman, President and CEO, Harley-Davidson. "We continue to be focused on executing our ...

FOR IMMEDIATE RELEASE Harley-Davidson Delivers Second Quarter Financial Results MILWAUKEE (July 25, 2024) – Harley-Davidson, Inc. ("Harley-Davidson," "HDI," or the "Company"), (NYSE: HOG) today reported second quarter 2024 results. "Despite a challenging market, we are pleased with our second quarter performance, in which we grew our U.S. market share in a declining market, with notable unit growth of more than 11 percent in the important core category of Touring ," said Jochen Zeitz, Chairman, President an ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Harley-Davidson (HOG) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on July 25, 2024, might help the stock move higher if these key numbers are better than expe ...

BUILD provides high school students an opportunity to learn technical skills including design, welding, fabrication, repair, machining, media, and more, through motorcycle construction. In addition to acquiring technical skills, teams also participate in marketing and fundraising efforts and host local events showcasing their work. BUILD program elements also emphasize the development of strong teamwork and interpersonal skills.Teams of students from local high schools are organized to design and rebuild a ...

Core Viewpoint - The article revises the outlook on Harley-Davidson, indicating a shift in stance due to changes in systematic and idiosyncratic variables since the last coverage in June 2021, where the stock was deemed to have outperformed its fundamental capacity [12][13]. Recent Performance - Harley-Davidson's stock has faced challenges over the past three years, primarily due to inconsistent demand for durable goods and questionable valuation multiples at the time of the last coverage [13][15]. - The company reported a revenue beat of $128.56 million and an earnings-per-share beat of 18 cents in its latest earnings report for Q1 [16]. Financial Metrics - Harley's financing and insurance unit (HDFS) grew by 12% year-over-year, achieving an operating profit margin of 21.7% [18]. - Motorcycle and parts sales decreased by 5% year-over-year, with an operating profit margin of 16.2% [19]. - LiveWire, the electric motorcycle segment, experienced a significant decline of 39%, resulting in an operating loss of $29 million [19]. Market Dynamics - Consumer confidence is low globally, but the company anticipates a recovery in motorcycle sales as consumer confidence improves, likely tied to a drop in interest rates [20]. - Harley-Davidson's credit and insurance departments are expected to maintain sustainable growth throughout the economic cycle [20]. Inventory and Market Share - Harley-Davidson's motorcycle profitability decreased to 16.2% in Q1, but the brand's strong positioning is expected to sustain its inflation pass-through capabilities [22]. - The company has increased its market share in the U.S. by 400 basis points, particularly in the touring motorcycle segment [23]. Valuation and Shareholder Returns - A price target of $54.94 per share is set for December 2024, indicating that the stock is currently undervalued [27]. - Harley-Davidson's forward dividend yield is 2.05%, with a low payout ratio of 14.83%, suggesting potential for future dividend increases [31]. Risk Factors - Concerns remain regarding the performance of LiveWire, as the electric motorcycle segment has not met expectations despite industry growth forecasts [33]. - The company faces challenges in expanding its market share in Europe and Asia, which may lead to inefficient capital expenditures [33].

Spearheaded by the Harley-Davidson Foundation and designed by acclaimed designers Heatherwick Studio, Davidson Park will benefit employees, local community and visitors to Milwaukee  MILWAUKEE, June 24, 2024 /PRNewswire/ -- Harley-Davidson, Inc. ("Harley-Davidson" or "H-D") (NYSE: HOG) today formally unveiled the newly created community park, Davidson Park ("the Park"), at its iconic Juneau Avenue campus in Milwaukee.  The project, pioneered by the Harley-Davidson Foundation ("the Foundation"), has been cre ...

JILIN, CHINA - APRIL 13, 2024 - Harley motorcycle owners parade at a high-speed exit in Jilin City, ... [+] Jilin province, China, April 13, 2024. (Photo credit should read CFOTO/Future Publishing via Getty Images)Future Publishing via Getty ImagesHarley-Davidson stock currently trades at $35 per share, around 32% below its level of $52 seen on May 17, 2021 (pre-inflation shock high), and appears to be undervalued. On the other hand, Ford stock is down by about 12% over the same period. Harley saw its stock ...

MILWAUKEE, May 17, 2024  /PRNewswire/ -- The Harley-Davidson, Inc. (NYSE: HOG) Board of Directors has approved a cash dividend of $0.1725 per share for the second quarter of 2024. The dividend is payable June 21, 2024 to the shareholders of record of the Company's common stock as of June 5, 2024.Harley-Davidson, Inc. is the parent company of Harley-Davidson Motor Company and Harley-Davidson Financial Services.### (HOG-DIVIDEND)SOURCE Harley-Davidson, Inc. ...