Welcome to our dedicated page for Harley Davidson news (Ticker: HOG), a resource for investors and traders seeking the latest updates and insights on Harley Davidson stock.
Harley-Davidson, Inc. (HOG) remains an iconic force in motorcycle manufacturing, blending American heritage with modern innovation. This news hub provides investors and enthusiasts with direct access to official corporate communications and market-moving developments.
Comprehensive updates include quarterly earnings reports, new model launches, strategic partnerships, and regulatory filings. Track the company's evolution across its core motorcycle business, electric vehicle initiatives, and global market expansion efforts.
Discover timely updates on Harley-Davidson's financial services division, dealer network developments, and sustainability initiatives. Our curated news feed serves as your primary source for understanding HOG's position in the evolving recreational vehicle market.
Bookmark this page for unfiltered access to Harley-Davidson's latest operational milestones and financial disclosures. Stay informed about the company's unique balance of tradition and innovation through verified updates from corporate sources.
Harley-Davidson (NYSE: HOG) has announced a new $1 billion share repurchase plan through 2026, replacing existing plans. This initiative follows the company's successful completion of $875 million in share repurchases since 2022. The plan will be funded using cash flow from operations and aims to return value to shareholders.
CEO Jochen Zeitz highlighted the company's focus on cost efficiency and profitable growth, noting that unit profitability has more than doubled since 2019. The company's strategy, implemented through the Rewire and Hardwire initiatives, has positioned Harley-Davidson for future success and continued shareholder returns.
Harley-Davidson (NYSE: HOG) reported Q2 2024 results, with diluted EPS of $1.63, up 34% year-over-year. The company saw consolidated revenue increase by 12% to $1.62 billion, driven by a 13% rise in HDMC revenue and 10% growth in HDFS revenue. Global motorcycle shipments increased by 16%, while retail sales declined 3% worldwide. North America motorcycle retail performance was down 1%, but U.S. Touring and CVO motorcycle sales grew over 12%.
Despite challenges, Harley-Davidson gained U.S. market share in a declining market. The company revised its full-year 2024 outlook, now expecting HDMC revenue to be down 5-9% compared to 2023. Harley-Davidson also announced a $1 billion share repurchase plan through 2026.
Harley-Davidson (NYSE: HOG) has announced a three-year sponsorship of BUILD Moto, starting with the 2025 season. BUILD Moto is a program that pairs high school students with mentors to build motorcycles in a year-long competition. The sponsorship includes donated motorcycles, parts, and accessories, as well as access to manufacturing experts and operational support.
The program focuses on teaching students technical skills such as design, welding, fabrication, and machining, while also emphasizing teamwork and interpersonal skills. Teams are judged on design, execution, and milestone completion, culminating in a bike reveal and awards event. The 2024 season builders have been invited to showcase their motorcycles at the Harley-Davidson Homecoming Festival on July 25, 2024.
Harley-Davidson (NYSE: HOG) will announce its second quarter 2024 financial results on July 25, 2024, before market hours.
A webcast conference call, featuring senior management discussing financial outcomes, business updates, and future outlook, is scheduled from 8-9 a.m. CDT.
A supporting slide presentation will be available online prior to the webcast.
The public can register for the webcast and access the slides through Harley-Davidson's investor relations website. A replay of the webcast will be accessible approximately two hours after the live call concludes.
Harley-Davidson, Inc. is the parent company of Harley-Davidson Motor Company and Harley-Davidson Financial Services.
Harley-Davidson (NYSE: HOG) unveiled Davidson Park, a new community park at its Milwaukee headquarters, created by the Harley-Davidson Foundation and designed by Heatherwick Studio. The 4-acre park, transformed from a parking lot, includes an event amphitheater called 'The Hub,' Main Street for markets and events, and various green spaces such as the Potawatomi Serenity Garden. This project, a result of collaboration with local partners and the community, aims to provide a communal space for residents and visitors. The park's sustainable design features native plants, stormwater management systems, and areas for social interaction. Future campus developments include a STEAM Lab and Factory Racing Headquarters, reflecting Harley-Davidson's commitment to innovation and education.
The Board of Directors of Harley-Davidson has approved a cash dividend of $0.1725 per share for Q2 2024.
The dividend will be paid on June 21, 2024, to shareholders of record as of June 5, 2024.
Harley-Davidson, listed on the NYSE under the symbol HOG, is the parent company of Harley-Davidson Motor Company and Harley-Davidson Financial Services.
Kinaxis has been chosen by Harley-Davidson (NYSE: HOG) as its supply chain management platform solution. This collaboration aims to enhance Harley-Davidson's global supply chain efficiency using Kinaxis' AI-powered technology and patented concurrency technique. Kinaxis, known for its work with major automotive brands like Volvo, Ford, and Subaru, offers end-to-end supply chain transparency and improved demand planning. With 40,000 users across 100+ countries, Kinaxis provides solutions to industries including automotive, CPG, and high tech.
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