---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-105891"
form_type: "8-K"
ticker: "HOG"
cik: "0000793952"
company_name: "HARLEY-DAVIDSON, INC."
filed_at: "2025-11-04T23:59:59+00:00"
generated_at: "2026-05-17T00:46:29.655417+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Harley-Davidson Q3 EPS $3.10 (+241% YoY) on HDFS transaction; retail sales down 6%

## Summary
- Diluted EPS $3.10 vs $0.91; revenue $1.341B (+17% YoY).
- Global retail motorcycle sales fell 6% YoY; HDMC operating income down 2% to $54M.
- HDFS operating income surged to $439M from $77M due to ~$301M reversal of credit loss allowances.
- HDFS partnership with KKR/PIMCO unlocks $1.2B+ discretionary cash; completed sale of ~$6B loan receivables.
- Announced $200M accelerated share repurchase (ASR) with Goldman Sachs as part of $1B buyback plan.

## SEC filing metadata
- accession: 0001104659-25-105891
- form_type: 8-K
- ticker: HOG
- cik: 0000793952
- company_name: HARLEY-DAVIDSON, INC.
- filed_at: 2025-11-04T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/793952/000110465925105891/0001104659-25-105891-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/793952/000110465925105891/tm2530006d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-105891
- JSON: https://secwatch.observer/filing/0001104659-25-105891.json
- Plain text: https://secwatch.observer/filing/0001104659-25-105891.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.