2024
Harley-Davidson sales revenue and production data … 2nd quarter 2024
Dates / venues subject to change or cancellation . (*) Some dates provisional . " Check before you buy "
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2024
Bonneville Motorcycle Speed Trials Wendover , UT , US • Aug 24-29 www . bonnevillemst . com
Easyriders Rodeo Bloomville , OH , US • Aug 29-Sep 2 www . easyridersevents . com
Four Corners Rally Durango , CO , US • Aug 29-Sep 2 fourcornersmotorcyclerally . com
Glemseck 101 Leonberg , DE • Aug 30-Sep 1 www . glemseck101 . de
European Bike Week Lake Faak , AT • Sep 3-8 www . harley-davidson . com
Lake of the Ozarks Bikefest ( 18th ) Osage Beach , MO , US • Sep 11-15 www . lakebikefest . com
Italian Bike Week Lignano Sabbiadoro , IT • Sep 12-15 www . italianbikeweek . net
CIMA Motor Chongqing , CN • Sep 13-16 www . cimamotor . com
Bike Blues & BBQ Fayettville , AR , US • Sep 18-21 www . bikesbluesandbbq . org
Myrtle Beach Bike Week Fall Myrtle Beach , SC , US • Oct 2-8 www . myrtlebeachbikeweek . com
Biltwell Kernville Kampout Kernville , CA , US • Oct 4-6 www . kernvillekampout . com
The Congregation M / c & Car Show ( 7th ) Charlotte , NC , US • Oct 5 www . thecongregationshow . com
AMA Hall of Fame Days Pinkerton , OH , US • Oct 10-13 www . americanmotorcyclist . com
Barber Vintage Festival Birmingham , AL , US • Oct 11-13 www . barbermuseum . org
Biketoberfest Daytona Beach , FL , US • Oct 17-20 www . biketoberfest . org
Born Free Texas Yellow Rose Canyon , TX , US • Oct 17-20 www . bornfreeshow . com
Oslo Motor Show Oslo , NO • Oct 25-27 www . oslomotorshow . no
Bigtwin Bikeshow & Expo Houten / Utrecht , NL • Nov 1-3 www . bigtwin . nl
SEMA Las Vegas , US • Nov 5-8 www . semashow . com
Lone Star Rally Galveston , TX , US • Nov 7-10 www . lonestarrally . com
EICMA (# 81 ) Milan , IT • Nov 6-10 www . eicma . it
6 AFTERMARKET MOTO DESIGN - SEPTEMBER 2024
<<< Continued from cover
North America motorcycle retail unit performance was down 1 % at 34,800 units , while retail sales of Touring and CVO motorcycles was up more than 12 % in the U . S . Touring market share of 75 % was up 5.3 % in first half of the year . Internationally , EMEA was also down by 1 % at 8,000 units ( driven by weakness in Central Europe ), with Asia Pacific down by - 16 % ( 6,300 units ), driven primarily by weakness in China , with Latin America flat at 800 units . Worldwide total retail sales for the quarter were 50,000 units , down by -3 % from 51,500 for the year-ago quarter . HDFS operating income was up 21 % on revenue up by 10 %. Chairman , CEO and President Jochen Zeitz is quoted as saying : " Despite a challenging market , we are pleased with our second quarter performance , in which we grew our U . S . market share in a declining market , with notable unit growth of more than 11 % in the important core category of Touring . We continue to be focused on executing our Hardwire strategy , leveraging our innovation and product pipeline , while delivering on our cost productivity goals ." HDMC second quarter gross margin was down 2.7 points due to the impacts of pricing and sales incentives , higher manufacturing costs and adverse impacts from foreign exchange . These effects were partially
offset by higher wholesale volumes and improved mix . Second quarter operating income margin was down 1.5 points , where operating expenses increased modestly . Harley disclosed that its average Q2 dealer inventory is headed back towards the historic 79,000 figure seen between 2015 and 2019 . Having been as low as 29,000 in 2022 , it recovered to 46,000 units last year and is put at 68,000 units in Q2 , 2024 . Its new unit 601 + cc Q2 market share in the United States was 36 %, with YTD at 38 %. Domestic U . S . Touring and Large Cruiser market shares were 73 and 72 % respectively for Q2 and were both at 75 % YTD . Harley has now narrowed its full year guidance , with HDMC revenue now slated to be down 5 to 9 % from the previous forecast of flat to down 9 %. HDFS operating income is unchanged at flat to + 5 %. Its Livewire unit forecast remains in the 1,000 to 1,500-unit range , with the projected operating loss worsened by $ 10m to $ 115m . The company says that it continues to expect capital investment of between $ 225 and $ 250m for the year .
Harley-Davidson sales revenue and production data … 2nd quarter 2024
Income statements in THREE MONTHS ENDED SIX MONTHS ENDED $ 1,000s ( except share ) 2024 Q2 2023 Q2 2024 Q2 2023 Q2
Net sales revenue |
$ 1,348,906 |
$ 1,198,136 |
$ 2,825,012 |
$ 2,755,965 |
Gross profit |
$ 433,126 |
$ 417,474 |
$ 894,196 |
$ 974,500 |
Total operating income |
$ 241,102 |
$ 221,338 |
$ 504,182 |
$ 590,947 |
Net income |
$ 215,406 |
$ 173,830 |
$ 447,639 |
$ 475,659 |
Diluted earnings per common share |
$ 1.63 |
$ 1.22 |
$ 3.34 |
$ 3.27 |
NET SALES REVENUE |
|
|
|
|
H-D Motorcycles |
$ 1,068,693 |
$ 890,919 |
$ 2,290,233 |
$ 2,193,297 |
Parts & Accessories |
193,865 |
215,520 |
360,058 |
383,192 |
Apparel |
63,393 |
66,356 |
127,504 |
137,747 |
Licensing |
5,485 |
5,116 |
14,414 |
11,326 |
Other |
17,470 |
20,225 |
32,803 |
30,403 |
MOTORCYCLE SHIPMENT DATA NOTE : H-D MOTORCYLE SHIPMENT DATA IS NOT THE SAME AS RETAIL REGISTRATIONS |
United States |
32,803 |
24,229 |
73,911 |
66,817 |
WORLDWIDE MOTORCYCLE SHIPMENTS |
Grand American Touring |
29,345 |
20,270 |
64,701 |
52,489 |
Cruiser |
14,410 |
15,476 |
30,101 |
36,734 |
Adventure Touring |
1,811 |
1,027 |
3,473 |
3,202 |
Sport and Lightweight |
4,094 |
6,161 |
9,057 |
12,746 |
Total |
49,660 |
42,934 |
107,332 |
105,171 |
RETAIL SALES OF H-D MOTORCYCLES : |
2024 Q2 |
2023 Q2 |
2024 Q2 |
2023 Q2 |
United States |
32,258 |
32,161 |
57,984 |
56,438 |
Canada |
2,579 |
2,899 |
4,339 |
4,643 |
EMEA Region |
8,015 |
8,120 |
13,279 |
14,037 |
Asia Pacific Region |
6,322 |
7,525 |
12,356 |
14,406 |
Latin America Region |
824 |
821 |
1,445 |
1,427 |
Total |
49,998 |
51,526 |
89,403 |
90,951 |
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