secwatch.observer — SEC 8-K summary
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Issuer:     HARLEY-DAVIDSON, INC. (HOG)
CIK:        0000793952
Form:       8-K
Filed at:   2023-07-27T23:59:59+00:00
Accession:  0000793952-23-000139
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Harley-Davidson Q2 EPS $1.22, revenue down 2%; revises FY2023 HDMC guidance
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- Diluted EPS $1.22, net income $178M (-18% YoY); consolidated revenue $1,446M (-2%).
- HDMC shipments down 10% to 42.9k units due to unplanned production suspension; gross margin improved 400bps to 34.8%.
- HDFS revenue up 19% to $240M on higher interest income, but operating income down 31% to $59M on higher credit provisions.
- Full-year 2023 HDMC guidance revised: revenue growth flat to 3%, op margin 13.9-14.3%; LiveWire unit sales forecast cut to 600-1,000.
- Repurchased $156M of shares (4.1M shares) in H1; cash dividends $48M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/793952/000079395223000139/0000793952-23-000139-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/793952/000079395223000139/hog-20230727.htm
  HTML page:      https://secwatch.observer/filing/0000793952-23-000139

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