https://www.hdforums.com/articles/ha...terly-revenue/

 

Stock got pounded today.

 

Interestingly, Polaris stock was WAY up today...

 

"Harley-Davidson is revising its full-year guidance down" That statement will pound any stock



"Polaris increases full year 2014 Sales and EPS guidance " we believe sales and earnings will continue to accelerate in the second half of the year, supporting our confidence and decision to again raise full year sales and earnings guidance for 2014.”

Motorcycles up 79% in the first half year over year...Same weather conditions Harley is making excuses for.

 

Harley Davidson is going out of business before the end of the month.

 

SAMCRO! HD needs you to save them again! Hurry up season 7!

 

I read the 1st day of August. Companies always do that on Friday at 5:00 so nobody can be contacted. I stocked up on t-shirts.

 

I thought AMF was going to buy them back.

 

IMO, Harley should have waited until Spring to introduce the new Rushmore models. By the time April arrived, the excitement surrounding the new models had died down and was old news.

 

RETAIL HARLEY SALES
Dealers worldwide sold 90,218 new Harleys in the second quarter of 2014 compared to 90,193 in the year-ago quarter.
In the U.S., dealers sold 58,225 new Harley motorcycles in the quarter, compared to sales of 58,241 motorcycles in the year-ago period (The Motor Company believes second-quarter U.S. retail sales were adversely affected by prolonged poor weather across parts of the US and soft Sportster sales ahead of the arrival of Street motorcycles in dealer showrooms).
In international markets, dealers sold 31,993 new Harleys during the second quarter, compared to 31,952 motorcycles in the year-ago period, with sales up 7.0 percent in the EMEA (Europe, Middle East, Africa) region and 1.5 percent in the Asia Pacific region, and down 10.4 percent in the Latin America region and 18.0 percent in Canada. “U.S. retail Harley-Davidson sales fell short of our expectations in the second quarter,” explained Harley’s Chairman, President and Chief Executive Officer Keith Wandell. “Because we are committed to managing supply in line with demand, we are reducing our full-year shipment plan and now expect shipment growth of approximately 3.5 to 5.5 percent over last year.” The Motor Company previously had forecast full-year shipment growth of approximately 7 to 9 percent.
Through the first six months of 2014, dealers sold 147,633 new Harley-Davidson motorcycles worldwide, compared to 144,447 motorcycles in the year-ago period, with retail unit sales up 1.1 percent in the U.S., 10.1 percent in the Asia Pacific region and 7.5 percent in the EMEA region, and down 2.1 percent in Latin America and 13.5 percent in Canada, compared to the year-ago period.
SHOW ME THE MONEY
Second-quarter net income was $354.2 million on consolidated revenue of $2.00 billion, compared to net income of $271.7 million in the year-ago period on consolidated revenue of $1.79 billion.
Through six months, Harley-Davidson 2014 net income was $620.1 million on consolidated revenue of $3.73 billion, compared to six-month 2013 net income of $495.9 million on consolidated revenue of $3.37 billion.
Diluted earnings per share of $1.62 grew 33.9 percent on higher motorcycle shipments and continued improvement in operating efficiencies, compared to the year-ago period.
Six-month 2014 diluted earnings per share were $2.82, up 28.2 percent from $2.20 in the year-ago period.