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CVO Social => In The News => Topic started by: smkymtnboy on July 28, 2020, 02:34:40 PM

Title: harley has bad 2nd quarter numbers
Post by: smkymtnboy on July 28, 2020, 02:34:40 PM: https://www.yahoo.com/news/harley-davidson-misses-2nd-quarter-110926905.html
Title: Re: harley has bad 2nd quarter numbers
Post by: iski on July 28, 2020, 02:46:26 PM: A $.04 cent profit vs the actual $.60 per share loss. Maybe they should rename their restructuring "Haywire?"
Title: Re: harley has bad 2nd quarter numbers
Post by: tazmun on July 28, 2020, 06:00:40 PM: Loved reading the whole report! Again, nothing about building a better motorcycle, just maximizing profits! I liked the statement about 2020 bikes selling at MSRP.
Title: Re: harley has bad 2nd quarter numbers
Post by: KGB on July 28, 2020, 06:13:11 PM: Quote from: iski on July 28, 2020, 02:46:26 PM
A $.04 cent profit vs the actual $.60 per share loss. Maybe they should rename their restructuring "Haywire?"

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Title: Re: harley has bad 2nd quarter numbers
Post by: charles05663 on July 28, 2020, 06:27:21 PM: From the article:

"Rewire" and seeks to refocus the company on is core products and heritage.

Does that mean t-shirts and clothing?

Also they said:

Zeitz said that Harley intended to exit underperforming global markets to concentrate on North America.

I thought they were focusing on overseas markets to make up for their shrinking market here.

:oops: :nixweiss:
Title: Re: harley has bad 2nd quarter numbers
Post by: mark on July 28, 2020, 09:55:03 PM: More word-smithing from an executive trying to appease institutional investors...HD returning to its “core products and heritage.” So, can we conclude for the past decade HD has been focusing elsewhere? If you sell motorcycles as your business and you’ve been focused somewhere else, we may have identified the problem.
Title: Re: harley has bad 2nd quarter numbers
Post by: Joel on July 28, 2020, 10:41:11 PM: I came home poor a beer into ice cold gel glass, 5 minute later I fill it with a second beer, start to read this one about Harley loosing money and I have to tell you guys.
Vanna is looking really good at her age in that red dress.
Title: Re: harley has bad 2nd quarter numbers
Post by: laylonlor on July 29, 2020, 08:49:20 AM: they still gonna raise new bikes by 5 percent this year, new cvo street glide 45k 8)
Title: Re: harley has bad 2nd quarter numbers
Post by: J.D. on July 29, 2020, 08:58:38 AM: Local dealer still has a boatload of new 2018s in the showroom (didn't visit, per their email newsletter).
Title: Re: harley has bad 2nd quarter numbers
Post by: mark on July 29, 2020, 10:09:40 AM: Quote from: 2002FXDWG3 on July 29, 2020, 08:58:38 AM
Local dealer still has a boatload of new 2018s in the showroom (didn't visit, per their email newsletter).
Wow. Where is this? Those bikes will be three years old soon.
Title: Re: harley has bad 2nd quarter numbers
Post by: grc on July 29, 2020, 11:32:27 AM: Had reason to drive by the local dealership this past Saturday, based on the parking lot and after you subtract the employee's vehicles, I estimated about three customers were on the premises for one thing or another. Ten years ago the parking lot would have been full pretty much all day. Meanwhile, the indy shop a few miles away had plenty of used bikes and customs out front and what looked like about a dozen customers on hand. I don't think the problem is as much about fewer riders, as it is about about overpriced low quality and poor reliability crap.

JMHO - Jerry
Title: Re: harley has bad 2nd quarter numbers
Post by: RivRaptor on July 29, 2020, 12:43:18 PM: Quote from: 2002FXDWG3 on July 29, 2020, 08:58:38 AM
Local dealer still has a boatload of new 2018s in the showroom (didn't visit, per their email newsletter).
Hey, maybe they could tape to the back seat of all the unsold 18's the new style oil pump & plate, the primary vent kit and an extra set of rotors! That might get them started moving off the showroom floor!
Title: Re: harley has bad 2nd quarter numbers
Post by: FLSTFI Dave on July 30, 2020, 07:07:29 AM: Different areas must be way different. Our local dealer only has 2020 bikes or used bikes. He is also low on the 2020 bikes.
Title: Re: harley has bad 2nd quarter numbers
Post by: bigsixman on July 30, 2020, 02:17:02 PM: If you are referring to Smoky Mountain HD they are an exception as far as dealerships go because they really stand out against most of the others. I would have to say that they are the best HD dealership that I think I have ever been to as a traveling customer.