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Author Topic: Harley-Davidson Announces Second Quarter Results  (Read 4041 times)

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flhse

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Harley-Davidson Announces Second Quarter Results
« on: July 26, 2018, 05:42:22 PM »

https://www.cnbc.com/2018/07/24/pr-newswire-harley-davidson-announces-second-quarter-results.html

Just had a chance to read the 2nd Qtr results, interesting:

Strategy to Build Riders Globally
On July 30th, Harley-Davidson will share plans to accelerate its strategy to build the next generation of riders globally. Leveraging core strengths in the business, brand and dealer network, the company intends to invest in opportunities that inspire increased ridership sooner and deliver sustainable growth for the future. Harley-Davidson's strategy supports the company's 2027 objectives to: build 2 million new riders in the U.S., grow its international business to 50 percent of annual volume, launch 100 new high impact motorcycles and do so profitably and sustainably.

Harley-Davidson's accelerated strategy will deliver:

New products –Keep current riders engaged and inspire a new generation of Harley-Davidson riders
Broader access – Meet customers where they are and how they want to engage with a multi-channel retail experience
Stronger dealers – Drive a performance framework to improve our dealer financial strength and the Harley-Davidson customer experience
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Ironhorse

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Re: Harley-Davidson Announces Second Quarter Results
« Reply #1 on: July 26, 2018, 06:09:04 PM »

https://www.cnbc.com/2018/07/24/pr-newswire-harley-davidson-announces-second-quarter-results.html

Just had a chance to read the 2nd Qtr results, interesting:

Strategy to Build Riders Globally
On July 30th, Harley-Davidson will share plans to accelerate its strategy to build the next generation of riders globally. Leveraging core strengths in the business, brand and dealer network, the company intends to invest in opportunities that inspire increased ridership sooner and deliver sustainable growth for the future. Harley-Davidson's strategy supports the company's 2027 objectives to: build 2 million new riders in the U.S., grow its international business to 50 percent of annual volume, launch 100 new high impact motorcycles and do so profitably and sustainably.

Harley-Davidson's accelerated strategy will deliver:

New products –Keep current riders engaged and inspire a new generation of Harley-Davidson riders
Broader access – Meet customers where they are and how they want to engage with a multi-channel retail experience
Stronger dealers – Drive a performance framework to improve our dealer financial strength and the Harley-Davidson customer experience

What does that mean?
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Twolanerider

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Re: Harley-Davidson Announces Second Quarter Results
« Reply #2 on: July 26, 2018, 06:24:24 PM »

What does that mean?


You know what that means Mark.  Take a Sportster, bump it in to a robot on the assembly line and accidentally raise the angle of the front fender, call it the Sportster Aero !   Voila, one new model.
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flhse

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Re: Harley-Davidson Announces Second Quarter Results
« Reply #3 on: July 26, 2018, 07:10:25 PM »


You know what that means Mark.  Take a Sportster, bump it in to a robot on the assembly line and accidentally raise the angle of the front fender, call it the Sportster Aero !   Voila, one new model.

I think you have been talking to the pool boy again, yup......   :2vrolijk_21:
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Fired00d

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Re: Harley-Davidson Announces Second Quarter Results
« Reply #4 on: July 26, 2018, 07:32:48 PM »

https://www.cnbc.com/2018/07/24/pr-newswire-harley-davidson-announces-second-quarter-results.html

Just had a chance to read the 2nd Qtr results, interesting:

Strategy to Build Riders Globally
On July 30th, Harley-Davidson will share plans to accelerate its strategy to build the next generation of riders globally. Leveraging core strengths in the business, brand and dealer network, the company intends to invest in opportunities that inspire increased ridership sooner and deliver sustainable growth for the future. Harley-Davidson's strategy supports the company's 2027 objectives to: build 2 million new riders in the U.S., grow its international business to 50 percent of annual volume, launch 100 new high impact motorcycles and do so profitably and sustainably.

Harley-Davidson's accelerated strategy will deliver:

New products –Keep current riders engaged and inspire a new generation of Harley-Davidson riders
Broader access – Meet customers where they are and how they want to engage with a multi-channel retail experience
Stronger dealers – Drive a performance framework to improve our dealer financial strength and the Harley-Davidson customer experience
This is a joke, right??? Seriously they can't really believe they can get 2 million more riders when their sales are currently declining. :nixweiss:

They better get something stronger than the "Kool-Aid" they have been using to achieve that goal. :huepfenlol2: :huepfenlol2:

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iski

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Re: Harley-Davidson Announces Second Quarter Results
« Reply #5 on: July 26, 2018, 08:16:58 PM »

That article reminds me of something......

A better strategy for HD would be to endeavor to persevere. Also, if they are at any event, they should write an article afterwards saying that a good time was had by all and that the experiences proved to be mutually beneficial.  Of course diversification among HD's consolidated brand strengths will lead to better synergies that will expand exponentially to capture a more favorably positioned market share of the targeted riding audience with compounded integrated partnerships.   Leading the way to the new and better corporate structured consumer experience by innovation and responsiveness to the ever changing dynamics of the marketplace, with eyes set to the knowledge of the future , ears listening to the wisdom of the past, and a firm hand on the tiller of a strategically challenging course.


Or in other words, succinctly -  $5 word salad corporate BS.
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ultrarider123

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Re: Harley-Davidson Announces Second Quarter Results
« Reply #6 on: July 26, 2018, 09:09:30 PM »

That article reminds me of something......

A better strategy for HD would be to endeavor to persevere. Also, if they are at any event, they should write an article afterwards saying that a good time was had by all and that the experiences proved to be mutually beneficial.  Of course diversification among HD's consolidated brand strengths will lead to better synergies that will expand exponentially to capture a more favorably positioned market share of the targeted riding audience with compounded integrated partnerships.   Leading the way to the new and better corporate structured consumer experience by innovation and responsiveness to the ever changing dynamics of the marketplace, with eyes set to the knowledge of the future , ears listening to the wisdom of the past, and a firm hand on the tiller of a strategically challenging course.


Or in other words, succinctly -  $5 word salad corporate BS.

If you were speaking this, I'd be able to quote Mr. Taggart and say "Mr. Iski, you use your mouth purdier than a $20 whore" 
« Last Edit: July 26, 2018, 09:11:01 PM by Haird »
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grc

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Re: Harley-Davidson Announces Second Quarter Results
« Reply #7 on: July 26, 2018, 09:58:20 PM »


They still don't understand that BS plus hanging out on social media with the kiddies doesn't fix the real issues.  Their products are over-priced and lower quality when compared to the competition.  Boomers gave them a free pass on those issues, the younger generations haven't shown the same tendency.  I notice in their corporate BS announcement they mention everything except fixing all the quality and reliability issues.  They obviously still don't get it.  Perhaps the Chinese will give them a free pass on those issues, at least for a short time.

Jerry
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Re: Harley-Davidson Announces Second Quarter Results
« Reply #8 on: July 26, 2018, 10:13:06 PM »

If HD wants to compete globally then need a fuel efficient bike or a fuel alternative (perhaps). It's hard to beat a 90cc or 125cc engine for fuel efficiency.
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Para Bellum

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Re: Harley-Davidson Announces Second Quarter Results
« Reply #9 on: July 27, 2018, 01:27:46 AM »

The bad news is always buried in the middle of the announcement.  Here it is:  "U.S. retail sales were down 6.4 percent. Worldwide retail sales decreased 3.6 percent."

How they glossed over the bad: "Our results in the second quarter reflect business performance that is in line with our expectations."

The end result:  HD says they have multiple ways they're going to make everything beautiful again, using the brand name and the dealer network (good f'n luck there!) to create millions of new riders (who are going to spend huge piles of cash they don't have, on machines they don't want).

Talk about rose-colored glasses.   :nervous:

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iski

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Re: Harley-Davidson Announces Second Quarter Results
« Reply #10 on: July 27, 2018, 03:12:33 AM »

If you were speaking this, I'd be able to quote Mr. Taggart and say "Mr. Iski, you use your mouth purdier than a $20 whore"

 ;D

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Taggart: Gosh darnit, Mr. Lamarr, you use your tongue prettier than a twenty dollar whore.


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Mark

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Re: Harley-Davidson Announces Second Quarter Results
« Reply #11 on: July 27, 2018, 08:13:18 AM »

Before I retired, every year my employer would come up with some new B.S. and require each region, division, etc, to come up with next year's strategic goals, field management plan, blah, blah, blah.  Basically, managers would get their best word-smiths to write some non-specific, vague - but eloquent, report like what HD just released. 

The thought was to dazzle 'em with catchy words and phrases, sound like you had a "new" plan, and no one would be the wiser that you intended to do the samething as you did the previous year.
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iski

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Re: Harley-Davidson Announces Second Quarter Results
« Reply #12 on: July 27, 2018, 09:33:35 AM »

Before I retired, every year my employer would come up with some new B.S. and require each region, division, etc, to come up with next year's strategic goals, field management plan, blah, blah, blah.  Basically, managers would get their best word-smiths to write some non-specific, vague - but eloquent, report like what HD just released. 

The thought was to dazzle 'em with catchy words and phrases, sound like you had a "new" plan, and no one would be the wiser that you intended to do the samething as you did the previous year.

Yeah, I wrote stuff like that for more than one company I used to work for. Mission statements, "company vision",  "our pledge to our customers".  Got a kick out of it sometimes, if I could make it meaningless enough and still get it approved.  The dumber    stupider   most useless   idiot managers were the best, because they seemed to really like that stuff.  Towards the end of my career was less funny to me, because the younger mgrs. tended to believe it.  In years past a seasoned guy would call your bluff on utter BS word salad.

Harley answers to stockholders, and collectively they are treated as useful idiots (for years) apparently by HD's wordage.  As customers, we live it far too often.
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RoadTrip

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Re: Harley-Davidson Announces Second Quarter Results
« Reply #13 on: July 27, 2018, 12:40:54 PM »

Reminds me of a business review that I was asked to prepare once for my boss, who was presenting to the new president of the company. We went through several revisions in the weeks preceding with one final change the night prior. On the day of, I held all printed copies until the meeting with the president. Once everyone was seated in the room, I walked around the table to hand-out the presentation. We were big on mission statements and tag lines which are intended to summarize our strategy for the year, almost to a point of arrogance sometimes.

So on my boss' copy, I had altered the tag line to read something to the effect of, "In 19xx, we will suck less!!" Needless to say, he about crapped his pants. We had a good laugh afterwards, but he did insist that I NEVER do that to him again.

Back to the H-D earnings release. For those counting, this is the 16th consecutive quarter of declines in heavy motorcycle sales. Even Indian Motorcycle is starting to see it hit their sales volumes. We need to do a better job of recruiting our children and grandchildren into motorcycling!
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ultrarider123

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Re: Harley-Davidson Announces Second Quarter Results
« Reply #14 on: July 27, 2018, 01:09:13 PM »

Reminds me of a business review that I was asked to prepare once for my boss, who was presenting to the new president of the company. We went through several revisions in the weeks preceding with one final change the night prior. On the day of, I held all printed copies until the meeting with the president. Once everyone was seated in the room, I walked around the table to hand-out the presentation. We were big on mission statements and tag lines which are intended to summarize our strategy for the year, almost to a point of arrogance sometimes.

So on my boss' copy, I had altered the tag line to read something to the effect of, "In 19xx, we will suck less!!" Needless to say, he about crapped his pants. We had a good laugh afterwards, but he did insist that I NEVER do that to him again.

Back to the H-D earnings release. For those counting, this is the 16th consecutive quarter of declines in heavy motorcycle sales. Even Indian Motorcycle is starting to see it hit their sales volumes. We need to do a better job of recruiting our children and grandchildren into motorcycling!

I'm working on that with the grandkids....got one that's ready to head to California after his first ride with his papaw...he loves it.... :2vrolijk_21:
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