Harley-Davidson’s 2022 Fourth Quarter Outcomes

Our iconic American bike builder has some new market spikes to rejoice – and the festivities apparently embody a 9.6% shares enhance.

“We ended the yr in a more healthy stock place and are arrange for a strong begin to the driving season,” provides Gina Goetter, chief monetary officer for Harley-Davidson.

For those who recall, the model’s third quarter was formally logged at a fluffy 19% for unit shipments again in late October of final yr; H-D’s fourth quarter additionally ended up at a “12% leap in fourth-quarter income to $918.63 million, topping expectations of $909.97 million in a Refinitiv survey of analysts.”

That places total yearly specs at “revenues of $5.76 billion in comparison with $5.34 billion in 2021, and an working revenue of $909 million in comparison with $823 million within the earlier yr” (through Bike.com’s weblog).

A view of Harley motorcyclists. Media sourced from Reuters.
A view of Harley motorcyclists. Media sourced from Reuters.

The excessive gained’t final lengthy, sadly; with borrowing price inflation and a calculated spike in working revenue (20%-25%) anticipated for H-D’s close to future, the rollercoaster is slotted to make a wee dip. 

“A better rate of interest provides to the price of the bike,” explains Ivan Feinseth, chief funding officer at Tigress Monetary Companions LLC (sourced by Reuters).

“… if you hear discuss of a recession, firms get cautious, and other people get cautious.”

A view of a female Harley-Davidson motorcyclist. Media sourced from Harley.
A view of a feminine Harley-Davidson motorcyclist. Media sourced from Harley.

What’s Harley-Davidson’s prediction for 2023?

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Aprilia's RS 660 Extrema. Media sourced from Roadracing World.

General progress, with final yr’s manufacturing pause being the partial fault of “a elements situation from a third-party provider.”

Now that showrooms are not working at deficit of fashions, we sit up for seeing new and used scoots hit the street’s up-and-coming yr of rev-happy shenanigans. 

Keep tuned for updates (LiveWire’s going to be a enjoyable one), hit that button on the prime of our web page for slightly ad-free studying, and as ever – keep secure on the twisties. 

*Media sourced from Reuters and RideApart*