Net sales revenue |
$ 1,436,962 |
$ 1,160,618 |
$ 4,006,604 |
$ 3,724,225 |
Gross profit |
$ 490,306 |
$ 310,425 |
$ 1,284,691 |
$ 1,137,961 |
Total operating income |
$ 338,718 |
$ 204,212 |
$ 905,565 |
$ 830,746 |
Net income |
$ 261,186 |
$ 162,973 |
$ 699,537 |
$ 628,457 |
Diluted earnings per common share |
$ 1.78 |
$ 1.05 |
$ 4.68 |
$ 4.06 |
NET SALES REVENUE |
||||
H-D Motorcycles |
$ 1,133,558 |
$ 885,626 |
$ 3,132,717 |
$ 2,931,669 |
Parts & Accessories |
$ 201,003 |
$ 204,506 |
$ 581,068 |
$ 577,035 |
General Merchandise |
$ 69,834 |
$ 49,424 |
$ 198,568 |
$ 155,378 |
Other |
$ 21,905 |
$ 12,581 |
$ 65,311 |
$ 37,278 |
MOTORCYCLE SHIPMENT DATA NOTE : H-D MOTORCYLE SHIPMENT DATA IS NOT THE SAME AS RETAIL REGISTRATIONS | ||||
United States |
37,199 |
27,919 |
101,475 |
104,190 |
PRODUCT MIX |
2022 Q3 |
2021 Q3 |
2022 Q3 |
2021 Q3 |
Grand American Touring |
27,521 |
21,988 |
75,291 |
79,485 |
Cruiser ( Includes Softail , CVOTM , and LiveWire ) |
17,403 |
16,531 |
47,853 |
52,117 |
Adventure Touring |
3,776 |
4,507 |
12,355 |
8,555 |
Sportster / Street |
8,361 |
4,915 |
24,573 |
19,262 |
RETAIL SALES OF H-D MOTORCYCLES : |
2022 Q3 |
2021 Q3 |
2022 Q3 |
2021 Q3 |
United States |
30,000 |
31,699 |
91,228 |
107,421 |
Canada |
2,154 |
2,158 |
7,116 |
7,403 |
EMEA Region |
9,054 |
9,389 |
24,095 |
24,580 |
Asia Pacific Region |
7,631 |
6,484 |
20,404 |
18,263 |
Latin America Region |
765 |
1,048 |
2,365 |
2,620 |
Total |
49,604 |
50,778 |
145,208 |
160,287 |
Harley-Davidson CEO Jochen Zeitz used an interview with Bloomberg to let it be known that as an enthusiast of home working , he plans to repurpose the historic Juneau Avenue headquarters on Milwaukee ' s west side . The building was started in 1910 and originally constructed as a factory , but it has been expanded at least three times and has been Harley ' s corporate offices for decades . The building is around 500,000 sq ft , but Zeitz doesn ' t yet appear to have any specific plans for it . If home working is an employee ' s preference , Zeitz said that the company won ' t force workers to return to their office nor to the Milwaukee HQ . Located north of Molson Coors ' |
Milwaukee office and brewery , the Milwaukee BizJournal has stated that the city could " encounter a de-emphasis of a major landmark and economic force in a city of a Milwaukee neighborhood facing economic and social challenges ." Namely , it ' s in a crappy part of town ! Harley closed its headquarters during the Covid-19 pandemic , and it hasn ' t yet fully reopened it . In the Bloomberg interview , Zeitz said that he had concluded that remote work is no less productive than office work , rather than forcing employees to return to a fixed workplace environment which risks them being " very disengaged ." Zeitz also highlighted the difficulties that a return to office entails for many , including for Zeitz himself |
- he is a father of two and splits his time between his home in Milwaukee and a ranch outside of Santa Fe , New Mexico . Such a policy is an important part of the employment offer for its LiveWire brand , with Zeitz saying he has already recruited engineers from EV companies like Rivian and Tesla - with a work from home policy that not even those tech / auto companies can match . LiveWire ' s research and development facilities are in Silicon Valley , while its engineering and product development is in Milwaukee , with assembly in York , Pennsylvania . Zeitz admits that working in person with others is still valuable , but as Bloomberg reports , Zeitz says face-to-face |
exchanges must have a clear purpose , and an agenda that goes beyond a meeting behind a computer screen . Otherwise , what ' s the point ? In fact , regardless of the needs of the area in which it is located , it would appear that H-D will retain the Juneau Avenue premises , rather than sell it for redevelopment , intending for it to remain an important location for Harley ' s presence in the U . S . one way or another . |