Harley-Davidson's Q4 2023 saw a decrease in consolidated revenue by 8% due to a 14% decline at HDMC, which was partially offset by a 15% revenue increase at HDFS. The company reported a consolidated operating loss of $21 million, driven by losses at HDMC and LiveWire. Diluted EPS was $0.18. Global motorcycle shipments at HDMC decreased by 13%.
Diluted EPS was reported at $0.18.
HDMC global motorcycle shipments decreased by 13% year-over-year.
HDFS operating income declined by 10%.
LiveWire sold 514 electric motorcycles.
For the full year 2024, HDMC expects revenue to be flat to down 9% with an operating income margin of 12.6% to 13.6%. HDFS expects operating income to be flat to up 5%. LiveWire anticipates electric motorcycle unit sales of 1,000 to 1,500 with an operating loss of $115 to $125 million. Harley-Davidson, Inc. expects capital investments of $225 to $250 million.
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