Harley-Davidson's Q2 revenue of $1.62bn surpassed expectations due to increased sales of pricier bikes in North America.
Harley-Davidson's Q2 revenue of $1.62bn exceeded analysts' expectations, driven by increased sales of pricier bikes in North America. Although retail motorcycle revenue in North America fell 1%, touring bike sales rose, contributing to the company's focus on more profitable models. Earnings per share were $1.63, surpassing estimates for $1.40 a share. However, Harley-Davidson cut its full-year guidance.
July 25, 2024
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