Harley Davidson Stock Price, News & Analysis

Harley-Davidson (HOG) and AEA-Bridges Impact Corp. (IMPX) announced a definitive agreement for a business combination that will lead to LiveWire, Harley's electric motorcycle division, becoming the first publicly traded EV motorcycle company in the U.S. The transaction is expected to close in the first half of 2022, providing LiveWire with approximately $600 million in combined funding including a $400 million cash trust from ABIC and investments from Harley and KYMCO. LiveWire aims to lead the electric motorcycle market, focusing on urban areas and leveraging the extensive manufacturing infrastructure of its partners.

Harley-Davidson, Inc. (NYSE: HOG) announced its Board of Directors has approved a cash dividend of $0.15 per share for Q4 2021. This dividend is payable on December 23, 2021 to shareholders of record as of December 8, 2021. The company, which serves as the parent of Harley-Davidson Motor Company and Harley-Davidson Financial Services, continues to provide returns to shareholders amidst its ongoing business operations.

On October 30, 2021, Harley-Davidson (NYSE: HOG) expressed gratitude to the U.S. Administration for resolving the 232-tariff dispute, which is seen as beneficial for the company and its stakeholders. CEO Jochen Zeitz highlighted the resolution as a significant win for Harley-Davidson and emphasized the importance of fair trade to enhance the brand's global competitiveness. This development aims to solidify Harley-Davidson's position as a leading motorcycle brand, ensuring access to products for customers worldwide.

Harley-Davidson reported third-quarter 2021 results with GAAP diluted EPS of $1.05, up 35% from Q3 2020. Revenue grew 17% to $1.365 billion, driven by increased shipments and a favorable motorcycle unit mix. The Motorcycles segment operating margin improved by 3.6 percentage points to 8.4%, fueled by unit mix, pricing, and reduced restructuring expenses. Retail motorcycle sales declined globally by 6%, impacted by strategic decisions and supply chain issues. The company expects a 95-105% growth in Financial Services operating income for the full year, up from the previous range.

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.