Harley-Davidson suffers weak sales after controversial change

Oct 29, 2024 · Harley-Davidson suffers weak sales after controversial change. Patricia Battle . Mon, Oct 28, 2024, 8:03 PM 4 min read. ... Harley-Davidson's global retail sales also shrunk …

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Harley-Davidson Cuts Revenue Forecast On Inflation, DEI Backlash

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Oct 25, 2024 · Harley-Davidson projected that its annual retail sales would be down 6% to 8%, after it previously expected sales would be flat to up by 3%. It now projects revenue from …

foxbusiness.com

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Harley-Davidson Reports Big Profit Beat, Though Motorcycle Sales …

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For 2024, the company expects revenue for its motorcycle unit, Harley-Davidson Motor Co., to be flat to down 9%, as retail motorcycle shipments are expected to be flat to up 9% at 163,000 to ...

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Harley-Davidson Lowers Full-year Revenue Forecast On Weak Demand

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Oct 24, 2024 · Harley's retail sales in North America, its biggest market, fell 10%. Amid a slump in demand, the company focused on selling more of its lucrative Touring bike models helping it …

yahoo.com

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Harley-Davidson Profit Falls 23% On Slowing Sales, Shares Tumble

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Apr 25, 2024 · Harley-Davidson on Thursday reported a 23% decline in first-quarter profit, hurt by slowing motorcycle sales as high borrowing costs deter potential buyers from making …

reuters.com

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Harley-Davidson's Sales Drop Is A Warning To Investors

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May 1, 2024 · That's what was so alarming about Harley-Davidson's (HOG-3.77%) results in the first quarter, which Travis Hoium covers in this video. *Stock prices used were end-of-day …

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FAQs about Harley-Davidson suffers weak sales after controversial change Coupon?

Why did Harley-Davidson's sales decline in 2023?

Harley-Davidson's global retail sales also shrunk by 13%, compared to the same time period in 2023, as its motorcycle shipments decreased by 39%. This contributed to the company’s 32% consolidated revenue decline. In addition, Harley-Davidson’s revenue from its parts and accessories unit fell by 6% year-over-year due to “lower customer traffic.” ...

Why did Harley-Davidson lower its revenue forecast for 2024?

FOX Business' Kerry Byrne and Reuters contributed to this report. Harley-Davidson lowered its revenue forecast for 2024 as stubborn inflation, high interest rates and consumer blowback from a DEI controversy impacted the motorcycle maker's sales. ...

Why did Harley-Davidson's sales decline 10% a year?

Sales took an unexpected dip, causing the company to provide a grim outlook on its future. In the report, Harley-Davidson revealed that its sales in the U.S. declined by 10% year-over-year. The company claimed that its dealers faced “a slowdown in customer traffic in the region” amid higher interest rates and economic uncertainty. ...

How did Harley-Davidson perform despite a decline in its core business?

Despite the declines in its core business, the company managed to increase its apparel revenue by 13% year-over-year. Harley-Davidson’s operating income, which is a company’s profit after expenses, also took a major hit. ...

Why is Harley-Davidson Inc stock down 15%?

Its stock is down about 15% in the last month and 11% year to date. HARLEY-DAVIDSON INC. The company's sales slump comes after it faced pressure earlier this year from anti-DEI activists, including social media influencer Robby Starbuck, who exposed several of the company's controversial internal policies in July. ...

Are falling sales a problem for Harley-Davidson?

Learn More Falling sales are a problem for more than just the motorcycle maker. When people stop buying motorcycles it's an indication that consumer spending is past its peak. That's what was so alarming about Harley-Davidson 's (HOG -0.62%) results in the first quarter, which Travis Hoium covers in this video. ...