Harley Davidson Stock Price, News & Analysis

On April 18, 2022, Harley-Davidson announced the addition of Kjell Gruner and William Cornog to the Board of Directors for LiveWire Group, Inc., following its merger with AEA-Bridges Impact Corp. Jochen Zeitz, the CEO of Harley-Davidson, expressed optimism for LiveWire as it prepares to be the first publicly traded electric motorcycle company in the U.S. Gruner, with extensive automotive experience, and Cornog, known for operations and sustainability, are expected to enhance LiveWire's strategic direction.

The 2022 Harley-Davidson® Nightster™ model marks a significant evolution in the Sportster® motorcycle line, introducing the new Revolution® Max 975T powertrain. This liquid-cooled, 60-degree V-Twin engine offers 90 HP and 70 ft-lbs of torque, designed for strong mid-range performance. The Nightster combines classic styling with modern electronic rider aids, including selectable Ride Modes and Rider Safety Enhancements like ABS and Traction Control. Priced at $13,499, the model aims to attract a new generation of motorcycle enthusiasts starting April 2022.

Harley-Davidson, Inc. (NYSE: HOG) will announce its first quarter 2022 financial results on April 27, 2022, before market hours. The public is invited to a webcast conference call from 8-9 a.m. CDT, where senior management will discuss the results and business developments. A supporting slide presentation will be available 30 minutes prior to the call. Interested participants should log on and register at least 10 minutes before the start. A replay will be accessible about two hours after the conclusion of the call.

Richard Strong has been appointed as the Digital Officer and Senior VP of Information Technology for Agricor Laboratories and Botanacor Laboratories. Previously, he served as CIO for Harley-Davidson Financial Services and held senior IT roles at Harley-Davidson Motor Company (NYSE: HOG). His 20+ years of experience will focus on enhancing digital, data, and cloud solutions. This strategic move aims to improve lab services and ensure compliance in a complex regulatory environment.

Harley-Davidson, Inc. (NYSE:HOG) reported strong 2021 results, achieving a 32% increase in total revenue, totaling $5.336 billion. The company's GAAP diluted EPS reached $4.19, a significant rise from $0.01 in 2020. The fourth quarter saw a 40% revenue growth to $1.016 billion, with GAAP diluted EPS of $0.14. However, the 2022 outlook forecasts a 20-25% decline in operating income for the Financial Services segment. Harley-Davidson plans to invest $190-$220 million into growth initiatives while managing supply chain challenges.

Harley-Davidson, Inc. (NYSE: HOG) has declared a cash dividend of $0.1575 per share for Q1 2022. This dividend will be payable on March 18, 2022, to shareholders on record as of February 28, 2022. This decision reflects the company's ongoing commitment to return value to its shareholders while maintaining financial health.

Harley-Davidson (NYSE: HOG) announced a cooperation agreement with major shareholder H Partners, with Jared Dourdeville joining its Board of Directors. He will also serve on the Human Resources and Nominating Committees. Lead Director Tom Linebarger expressed optimism about the collaboration, emphasizing a focus on long-term profitable growth. Dourdeville's appointment is seen as a strategic move to reinvigorate the brand under CEO Jochen Zeitz's leadership. Full details will be disclosed in a Form 8-K filing with the SEC.

Harley-Davidson has appointed Erica Bullard as SVP of Apparel & Licensing and Louise Goldin as Creative Director as part of its strategic shift to enhance its Apparel and Licensing business. This new direction aligns with Harley-Davidson's Hardwire strategy, aiming to leverage its heritage and expand its lifestyle brand globally. Bullard, with over 20 years of experience at NIKE, will lead the global apparel business, while Goldin will head the design teams in New York and Milwaukee, focusing on modern lifestyle design.

On January 26, 2022, Harley-Davidson (NYSE: HOG) unveiled its 2022 motorcycle lineup, introducing eight new models featuring the Milwaukee-Eight® 117 engine, the most powerful factory-installed engine in the brand's history. Key models include the Street Glide® ST, Road Glide® ST, and Low Rider® ST. These bikes focus on performance, style, and enhanced features, such as improved braking and infotainment systems. The lineup aims to solidify Harley-Davidson's position as a leading motorcycle brand, targeting enthusiasts seeking premium quality and advanced capabilities.