HD sales numbers are out. Profit down 50%. Bikes sales down about 50%. Inventory high. Ouch.
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Harley-Davidson's revenue slumps by 60%, losses worse than expected
Harley-Davidson's annual report for 2024 is out. Sadly, its numbers do not look good. The company recorded a 60% drop in motorcycle revenue and sold 53% fewer motorcycles in its last quarter compared to the same period in 2023. Ouch.newatlas.com
I wonder what percentage of sales Canada accounted for.HD sales numbers are out. Profit down 50%. Bikes sales down about 50%. Inventory high. Ouch.
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Harley-Davidson's revenue slumps by 60%, losses worse than expected
Harley-Davidson's annual report for 2024 is out. Sadly, its numbers do not look good. The company recorded a 60% drop in motorcycle revenue and sold 53% fewer motorcycles in its last quarter compared to the same period in 2023. Ouch.newatlas.com
In 2023, HD sold 163K bikes. 7K of those were in Canada. So something like 4%. I suspect that Canadian bikes sold generate more profit than the average bike though so we may be more than 4% of profit for the bike arm.I wonder what percentage of sales Canada accounted for.
I bet we won't see a price drop in harleys. To bad cause i sold mine and now an thinking of buying againIn 2023, HD sold 163K bikes. 7K of those were in Canada. So something like 4%. I suspect that Canadian bikes sold generate more profit than the average bike though so we may be more than 4% of profit for the bike arm.
Interested in a Pan America special? Might consider selling mine. Rode for 15 minutes last year... New property taking all my time...I bet we won't see a price drop in harleys. To bad cause i sold mine and now an thinking of buying again
PM meInterested in a Pan America special? Might consider selling mine. Rode for 15 minutes last year... New property taking all my time...
Sure thingPM me