Q2 2025 Performance - Harley-Davidson reported diluted EPS of $0.88[6] - HDMC revenue decreased by 23% year-over-year[6] - Global motorcycle shipments decreased by 28% year-over-year, primarily due to planned dealer inventory reduction[6] - Global motorcycle retail sales decreased by 15% year-over-year[6] - Global dealer inventories decreased by 28% compared to Q2 '24[6] - The cost of new or increased tariffs implemented in '25 was $13 million in Q2 '25[6] - HDFS operating income margin was 27.1%[6] HDFS Transaction - Strategic partners valued the HDFS business at approximately 1.75x post-transaction book value[7] - HDFS will sell approximately two-thirds of HDFS future retail loan originations at a premium on an annual basis for five years[7] - The transaction unlocks $1.25 billion in discretionary cash, representing approximately 40% of current Harley-Davidson market capitalization[7] - HDFS has agreed to sell over $5 billion of existing gross consumer retail loan receivables and residual interests in securitized consumer loan receivables at a premium[7]

Harley-Davidson Inc. reported third-quarter results that surpassed Wall Street expectations, though the figures revealed underlying challenges in its core motorcycle business. The Milwaukee-based moto... ...

Tuesday, Harley-Davidson announced third-quarter earnings per share of $3.10 from sales of $1.3 billion. Wall Street was looking for EPS of $1.53 from sales of $1 billion. ...

Core Insights - Harley-Davidson reported an increase in third-quarter profit, indicating a positive financial performance despite external challenges [1] - The company highlighted that demand for motorcycles remains weak, primarily due to economic uncertainty and the impact of global tariffs [1] Financial Performance - The third-quarter profit showed an upward trend compared to previous periods, reflecting effective cost management and operational efficiency [1] - Specific financial figures were not disclosed in the summary, but the profit increase suggests a favorable financial trajectory for the company [1] Market Demand - Demand for motorcycles is described as "soft," indicating a potential decline in consumer interest or purchasing power [1] - Economic uncertainty and global tariffs are identified as key factors contributing to the subdued demand for Harley-Davidson's products [1]

Harley-Davidson reported a higher third-quarter profit on Tuesday, helped by cost-saving measures and strong margins from its custom touring models. ...

Exhibit 99.1 FOR IMMEDIATE RELEASE Harley-Davidson Delivers Third Quarter Financial Results MILWAUKEE (November 4, 2025) – Harley-Davidson, Inc. ("Harley-Davidson," "HDI," or the "Company") (NYSE: HOG) today reported third quarter 2025 results. "Our Q3 results demonstrate the positive impact of the HDFS transaction and reinforce the strategic value HDFS brings to Harley- Davidson's overall business model. While retail sales remain challenged, I'm truly energized by what I've experienced across the Company, ...

Accessibility StatementSkip Navigation New 2026 Harley-Davidson Low Rider® S, Low Rider® ST, Heritage Classic, Breakout®, Fat Boy®, and Street Bob® Models: The diverse line of Harley-Davidson® Cruiser motorcycles includes six very distinctive models, each presenting a specific stylistic personality, from nostalgic to high performance to boldly custom. For 2026, the unmatched Harley-Davidson riding experience is more attainable than ever with the introduction of a Solo Trim Package for three popular models - ...

Morgan Stanley's Stephen Grambling points to low pricing power and weak secular trends for his downgrade to Sell from Hold. ...

Upgrades - Wells Fargo upgraded Glaukos (GKOS) to Overweight from Equal Weight with a price target of $120, up from $92, highlighting the potential of Epioxa as a significant growth driver [2] - RBC Capital upgraded Honeywell (HON) to Outperform from Sector Perform with a price target of $253, up from $235, citing a solid Q3 and the start of a breakup catalyst-rich phase [3] - Truist upgraded Booking Holdings (BKNG) to Buy from Hold with a price target of $5,750, up from $5,630, based on Asia's long-term travel outlook and steady global GDP growth [3] - JPMorgan upgraded Five Below (FIVE) to Overweight from Neutral with a price target of $186, up from $154, anticipating multi-year earnings growth supported by unit growth expansion [4] - Guggenheim upgraded Microsoft (MSFT) to Buy from Neutral with a price target of $586, believing the company will benefit from the artificial intelligence sector [5] Downgrades - Keefe Bruyette downgraded Berkshire Hathaway (BRK.A) to Underperform from Market Perform with a price target of $7,000, down from $735,000, due to concerns over Geico's underwriting margin and other economic pressures [5] - Morgan Stanley downgraded Harley-Davidson (HOG) to Underweight from Equal Weight with a price target of $25, down from $27, indicating a 10% downside potential [5] - RBC Capital downgraded Roper Technologies (ROP) to Sector Perform from Outperform with a price target of $539, down from $644, citing limited relative upside [5] - Jefferies downgraded Keysight Technologies (KEYS) to Hold from Buy with a price target of $180, down from $181, noting that the stock's valuation reflects its growth potential [5] - Williams Trading downgraded Wolverine World Wide (WWW) to Hold from Buy with a price target of $27, down from $30, expecting a deceleration in Saucony's sales growth [5]

Group 1 - Harley-Davidson, Inc. will release its third quarter 2025 financial results on November 4, 2025, before market hours [1] - An audio webcast is scheduled from 8-9 a.m. CT for senior management to discuss financial results and business developments [1] - A slide presentation will be available prior to the audio webcast, and participants are encouraged to log on at least 10 minutes before the start time [1] Group 2 - The Board of Directors of Harley-Davidson, Inc. has declared a cash dividend of $0.18 per share for the third quarter of 2025 [4]