HOG - Why Harley-Davidson Shares Are Plunging Today | Benzinga
Harley-Davidson Inc (NYSE: HOG) reported third-quarter FY23 HDMC sales of $1.297 billion, missing the analyst consensus estimate of $1.36 billion. HDMC revenue was down 9%, with improved mix and global pricing partially offsetting unit declines.
Global motorcycle shipments decreased 20%, hit by production suspension announced in late Q2 2023, prudent dealer inventory management, and market conditions.
Consolidated revenue was down 6%, driven ...