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Mar 29, 2020
Harley-Davidson Q1 2020 Earnings Report
Harley-Davidson's first quarter results were announced, reflecting the impact of COVID-19 and outlining steps toward recovery and a new strategic plan.
Key Takeaways
Harley-Davidson reported a decrease in net income and revenue for the first quarter of 2020, impacted by COVID-19. The company is focusing on cash preservation, liquidity, and supporting dealers and riders, while also outlining a path to a new strategic plan to address the changing business environment.
Prioritized employee well-being and community support during the global crisis.
Took swift action to protect the company by bolstering the balance sheet and liquidity position.
Initiated 'The Rewire' program to reduce complexity, sharpen focus, and increase decision-making speed.
Focused on enhancing core strengths, prioritizing key markets, and simplifying product launches.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
Due to the uncertainty surrounding the magnitude and duration of the COVID-19 pandemic, Harley-Davidson withdrew all guidance on March 26, 2020.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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