Aftermarket Moto Design 302 September 2024 AMD 302 September 2024 | Page 6

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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