HOG - Harley-Davidson GAAP EPS of $1.22 misses by $0.07 revenue of $1.44B beats by $160M
2023-07-27 07:06:25 ET
Harley-Davidson press release ( NYSE: HOG ): Q2 GAAP EPS of $1.22 misses by $0.07 .
Revenue of $1.44B (-2.0% Y/Y) beats by $160M .
Strategy remains grounded in desirability and profitability
Introduced two new CVO motorcycles, as well as new models in the Enthusiast and Icons collections
HDMC Gross Margin of 34.8%, an increase of 400 basis points
HDMC Revenue declined 4%, behind a 10% decrease in wholesale shipments related to an unplanned production suspension
HDFS Revenue increased 19% on higher interest income and increased investment income
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Harley-Davidson GAAP EPS of $1.22 misses by $0.07, revenue of $1.44B beats by $160M