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Jun 28, 2020
Harley-Davidson Q2 2020 Earnings Report
Harley-Davidson announced actions to rewire the company and reported Q2 2020 financial results, impacted by COVID-19 and response.
Key Takeaways
Harley-Davidson reported a net loss of $92 million on consolidated revenue of $865 million for Q2 2020, reflecting the impacts of COVID-19 and actions taken to rewire the company. GAAP diluted EPS was $(0.60), while adjusted diluted EPS was $(0.35). The company is implementing a new 5-year strategic plan, The Hardwire, and has achieved $250 million in cash savings through The Rewire program.
Company is rewiring the business and setting foundation for a 5-year plan.
Q2 results reflect COVID-19 impact and response.
Global dealer inventory down 32 percent.
U.S. new Model Year 2020 motorcycles selling at MSRP on average.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
Given the uncertainty that remains surrounding the impact and duration of the COVID-19 pandemic, the company is not providing financial guidance.
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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