Harley-Davidson's Q1 2024 Earnings Report: Decrease in Sales and Net Profit
Friday, 26 April 2024, 14:38
Harley-Davidson's Q1 2024 Earnings Report
Motorcycle manufacturer Harley-Davidson (NYSE: HOG) Friday reported a decline in sales and net profit for the first quarter of 2024.
Financial Performance Overview
- Consolidated net income declined to $235 million or $1.72 per share in the March quarter from $304 million or $2.04 per share in the comparable period of last year.
- Total revenues, including the financial services division, decreased 3% year-over-year to $1.72 billion during the three months.
- Motorcycle shipments units saw a 7% fall in the Q1 of 2024.
Prior Performance: The post HOG Earnings: Highlights of Harley-Davidson’s Q1 2024 operating results first appeared on AlphaStreet.
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