Harley-Davidson Reports Impressive Q2 2024 Earnings with Strong Sales Growth

Thursday, 25 July 2024, 16:47

Harley-Davidson (NYSE: HOG) has reported a significant rise in sales and net income for Q2 2024, driven by robust shipment growth. The company saw its net income increase to $218.3 million, or $1.63 per share, compared to $178 million, or $1.22 per share, in the same quarter last year. This performance indicates a resilient market demand for its motorcycles.
AlphaStreet
Harley-Davidson Reports Impressive Q2 2024 Earnings with Strong Sales Growth

Q2 2024 Earnings Highlights

Motorcycle manufacturer Harley-Davidson (NYSE: HOG) announced its earnings for the second quarter of 2024, showcasing remarkable growth.

Sales and Profit Increase

  • Net Income: Rose to $218.3 million
  • Adjusted Earnings per Share: Increased to $1.63
  • Year-over-year Comparison: Up from $178 million or $1.22 per share in Q2 2023

Conclusion

This solid performance reflects strong demand for Harley-Davidson's motorcycles despite a challenging economic landscape, indicating that the company is well-positioned for future growth.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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