earnings
confidence high
sentiment neutral
materiality 0.70
Harley-Davidson Q1 GAAP EPS $1.45, revenue +5% to $1.5B, reaffirms FY22 outlook
HARLEY-DAVIDSON, INC.
2022-Q1 EPS reported
$1.45
revenue$1,495,186,000
- GAAP diluted EPS $1.45 vs $1.68 prior year (-14%); net income $223M.
- HDMC revenue +6% to $1.3B, driven by pricing and P&A (+11%); operating margin 15.6% (down 2.9 pts).
- HDFS operating income -27% on loss reserve normalization; revenue $192M (+1%).
- Worldwide retail sales +2% to 45.2K units; North America down 5% on inventory shortages.
- Repurchased $248M shares in Q1; LiveWire SPAC merger on track for mid-2022.