Harley Davidson Stock Price, News & Analysis

Harley-Davidson Announces Q3 2021 Financial Results Call

On October 27, 2021, Harley-Davidson (NYSE: HOG) will release its Q3 2021 financial results before the market opens. A webcast conference call is scheduled for 8 a.m. CDT, featuring Jochen Zeitz (CEO) and Gina Goetter (CFO), who will discuss financial performance, business developments, and future outlook. Interested participants should register 10 minutes early, with a slide presentation available 30 minutes prior. A replay will be accessible two hours post-call. For details, visit Harley-Davidson Investor Relations.

Pan America 1250 Special has emerged as the #1 selling adventure touring motorcycle in North America since its launch in February 2021. Harley-Davidson's decision to focus on this motorcycle aligns with its Hardwire Strategy aimed at expanding its customer base. Jochen Zeitz, President and CEO, emphasizes the importance of American design and engineering in creating this model. Initial sales resulted in a complete sell-out of their 2021 allocation, indicating strong demand and positive reception from riders.

The Ultimate Online Home of H-D Certified™ Program

Launched in July 2021, H-D1™ Marketplace has quickly established itself as the premier online destination for dealer-based listings of pre-owned Harley-Davidson motorcycles. Currently, it features approximately 22,000 listings, including around 1,000 H-D Certified™ motorcycles from 540 participating dealers. The H-D Certified™ program ensures each motorcycle is extensively inspected and sold with a 12-month limited warranty. This initiative aims to enhance customer experience and solidify Harley-Davidson's position in the market.

Harley-Davidson's Board of Directors has declared a $0.15 cash dividend per share for Q3 2021, reflecting the company's commitment to returning value to its shareholders.
The dividend will be paid on September 24, 2021, to shareholders of record as of September 10, 2021.

This financial decision indicates confidence in maintaining shareholder returns despite market challenges.

On July 21, 2021, Harley-Davidson launched the H-D1™ Marketplace, a platform for buying and selling pre-owned motorcycles across North America. This initiative aims to enhance the online experience for customers while leveraging the strength of its dealer network. The H-D1 Marketplace will feature a wide selection of certified pre-owned motorcycles, supported by innovative financing solutions from H-D Financial Services. The launch is a part of Harley-Davidson's Hardwire Strategic Plan, focusing on improving customer engagement and recognizing the significance of pre-owned motorcycle riders.

Harley-Davidson reported a strong Q2 2021, with GAAP diluted EPS of $1.33, up from a loss of $0.60 in Q2 2020, driven by a 77% revenue increase to $1.532 billion. North America retail motorcycle sales surged 43% year-over-year. The Motorcycles and Related Products segment saw a 99% revenue increase, while Financial Services operating income grew significantly thanks to lower credit loss provisions. However, supply chain challenges remain a concern. The company expects 30-35% revenue growth for the motorcycle segment in 2021.

The Harley-Davidson Sportster S model, unveiled on July 13, 2021, features a 121-horsepower Revolution Max 1250T V-Twin engine, promising exceptional power and performance. With a base MSRP of $14,999, it combines a lightweight chassis and premium suspension for superior handling. The motorcycle includes advanced technology, such as selectable Ride Modes and a TFT display. Designed to reflect power, the Sportster S also emphasizes comfort and safety with adjustable features and rider enhancements, setting a new standard for the Sportster line.

Harley-Davidson has introduced LiveWire ONE, its first electric motorcycle under the newly established LiveWire brand, priced at $21,999. The bike is designed for urban riders, offering features like haptic feedback, instant acceleration, and a 146-mile city range. LiveWire ONE will be available for ordering on LiveWire.com and select dealers starting July 18, 2021. The launch reflects Harley's commitment to electric vehicles outlined in its Hardwire Strategy. The brand aims to leverage its engineering expertise and supply chain for future EV developments, with plans for international expansion in 2022.

Harley-Davidson, Inc. (NYSE: HOG) will announce its second quarter 2021 financial results on July 21, 2021, before market hours. An audio webcast conference call is scheduled from 8-9 a.m. CDT, featuring discussions by CEO Jochen Zeitz and CFO Gina Goetter on financial results and company updates. A supporting slide presentation will be available 30 minutes prior. Participants should log on at least 10 minutes early. A replay of the webcast will be accessible two hours post-call.