HOG - Harley-Davidson Inc. (HOG) Q4 2023 Earnings Call Transcript
2024-02-08 12:20:27 ET
Harley-Davidson, Inc. (HOG)
Q4 2023 Earnings Conference Call
February 08, 2024, 09:00 AM ET
Company Participants
Shawn Collins - Director, Investor Relations
Jochen Zeitz - Chief Executive Officer
Karim Donnez - LiveWire Chief Executive Officer
Jonathan Root - Chief Financial Officer
Edel O’Sullivan - Chief Commercial Officer
Conference Call Participants
Craig Kennison - Baird
Alex Perry - Bank of America
Fred Wightman - Wolfe Research
Joe Altobello - Raymond James
James Hardiman - Citi
Tristan Thomas Martin - BMO Capital Markets
Noah Zatzkin - KeyBanc Capital Markets
David MacGregor - Longbow Research
Jaime Katz - Morningstar
Brandon Rollé - D.A. Davidson
Presentation
Operator
Thank you for standing by and welcome to the Harley-Davidson 2023 Fourth Quarter Investor and Analyst Conference Call. Please be advised that today's conference is being recorded.
I would now like to turn the call -- I would now like to turn the call over to Shawn Collins. Mr. Collins, please go ahead.
Shawn Collins
Thank you. Good morning. This is Shawn Collins, the Director of Investor Relations at Harley-Davidson. Today you can access the slides supporting the call on the internet at the Harley-Davidson Investor Relations website. As you might expect our comments will include forward-looking statements that are subject to risks that could cause actual results to be materially different. Those risks include among others, matters we have noted in today's earnings release and in our latest filings with the SEC.
With that, joining me this morning for the first part of the call are Harley-Davidson Chief Executive Officer, Jochen Zeitz; also Chief Financial Officer, Jonathan Root and LiveWire Chief Executive Officer, Karim Donnez. In addition for the Q&A portion of today's call Harley-Davidson, Chief Commercial Officer, Edel O’Sullivan will be joining us.
With that let me turn it over to our CEO, Jochen Zeitz. Jochen?
Jochen Zeitz
Thank you, Shawn. Good morning everyone. Thank you for joining today's call. In 2023 the third year of our hardwired strategy we made progress in some key elements of our strategic plan. Despite premium discretionary products being significantly impacted by the continued high interest rate environment and consumer confidence and affordability concerns, we continue to emphasize our core products and markets and invested in key priorities for the future.
We expect that focusing on our most profitable categories and geographies, emphasizing innovation and evolving the customer experience with our dealers would continue to yield benefits to the business and have set us up for long-term value creation. As seen by our meaningful per unit profitability increase of $2,400 dollars per unit or a 185% since 2019....
Harley-Davidson, Inc. (HOG) Q4 2023 Earnings Call Transcript