HOG - COVID-19 Forces Harley-Davidson to Withdraw Guidance
Motoring along with an increasing number of companies that have done the same, Harley-Davidson (NYSE: HOG) on Thursday said it is withdrawing its current guidance. The reason, of course, is the spread of the COVID-19 coronavirus.
The motorcycle maker divulged in a regulatory filing that it is pulling all guidance since "[g]lobally, the continued spread of COVID-19 has led to supply chain destabilization, facility closures, workforce disruption, and volatility in the economy, and its full impact has not yet been ascertained."
Image source: Harley-Davidson