HARLEY-DAVIDSON, INC. reported first quarter 2026 results: revenue $1,173, net income $25, EPS $0.22. Guidance reaffirmed.
“Harley-Davidson, Inc. Consolidated Financial Results $ in millions (except EPS) 1st quarter 2026 2025 Change Revenue $1,173 $1,329 -12% Operating Income $23 $160 -85% Net Income Attributable to HDI $25 $133 -81% Diluted EPS $0.22 $1.07 -79%”
M&A Transactions
HARLEY-DAVIDSON, INC. completed a disposition involving KKR Morrow Trust and HDL Trust (as assignee of Cavendish) for $4.06 billion (closed 2025-10-31).
“Item 2.01. Completion of Acquisition or Disposition of Assets. Also on the Closing Date, Harley-Davidson Credit Corp. (“HDCC”), a Nevada corporation and wholly owned subsidiary of the Company, completed the previously announced sale of a portion of HDCC’s motorcycle promissory notes and security agreements portfolio to KKR Morrow Trust, a Delaware statutory trust (“KKR Trust”) and HDL Trust, as assignee of Cavendish, for a purchase price of $4.06 billion (the “HDCC Transaction”).”
Governance Changes
HARLEY-DAVIDSON, INC.: Amended bylaws to address universal proxy rules, update advance notice requirements, add exclusive forum provisions, and other changes (effective 2025-09-23).
“On September 23, 2025, the Board of Directors (“Board”) of Harley-Davidson, Inc. (the “Company”) adopted amendments to the Company’s amended and restated by-laws (as amended, the “Amended and Restated By-laws”) which became effective the same day.”
Jared Dourdeville resigned as Director at HARLEY-DAVIDSON, INC..
“Jared Dourdeville resigned from the board of directors (the “Board”) of the Company.”
Jared Dourdeville resigned as Director at HARLEY-DAVIDSON, INC..
“On April 5, 2025, Jared Dourdeville resigned from the board of directors (the “Board”) of Harley-Davidson, Inc. (the “Company”).”
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