secwatch.observer — SEC 8-K summary
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Issuer:     HARLEY-DAVIDSON, INC. (HOG)
CIK:        0000793952
Form:       8-K
Filed at:   2025-07-30T23:59:59+00:00
Accession:  0000793952-25-000162
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Harley-Davidson Q2 EPS $0.88, revenue down 19%; announces HDFS partnership with KKR/PIMCO unlocking $1.25B
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- Q2 diluted EPS $0.88 vs $1.63 prior year; net income $108M vs $218M, revenue $1.307B down 19%.
- HDMC operating income down 69% to $61M; motorcycle shipments down 28%, retail sales down 15% globally.
- HDFS sells 4.9% equity to KKR & PIMCO; will sell ~2/3 of future retail loan originations at premium for 5 years.
- Transaction unlocks $1.25B cash; plans $450M debt reduction, $500M buyback in H2 '25, up to $300M for growth.
- Withdrawn FY2025 HDMC outlook; HDFS op income guidance raised to $525-550M; LiveWire op loss improved but unit sales -65%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/793952/000079395225000162/0000793952-25-000162-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/793952/000079395225000162/hog-20250730.htm
  HTML page:      https://secwatch.observer/filing/0000793952-25-000162

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