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CVO Social => In The News => Topic started by: muddypaws on July 23, 2019, 08:12:57 AM

Title: Harley does down for another quarter.
Post by: muddypaws on July 23, 2019, 08:12:57 AM

https://www.cnbc.com/2019/07/23/harley-davidson-earnings-q2-2019.html

Title: Re: Harley does down for another quarter.
Post by: scotman623 on July 23, 2019, 12:09:00 PM

Sad to see such a decline for an Iconic Brand!!! My guess is it’s only going to get worse before better.... SAD FACE...

Title: Re: Harley does down for another quarter.
Post by: mark on July 23, 2019, 07:22:48 PM

No one knows where the bottom is, but I suspect we're not close yet.  Im really surprised we haven't seen more dealers closing. 

Title: Re: Harley does down for another quarter.
Post by: J.D. on July 23, 2019, 08:11:05 PM

Funny how the stock went up today as the loss was less than expected.

The extended warranty companies are keeping the doors open.

Title: Re: Harley does down for another quarter.
Post by: TN on July 24, 2019, 07:16:09 AM

https://www.cnet.com/roadshow/news/harley-davidson-sales-stock-asia-livewire/

Title: Re: Harley does down for another quarter.
Post by: Eqcons on July 24, 2019, 07:38:58 AM

I think that a large part of the problem is their year-on-year price increases.  They would sell a whole lot more if they cut prices, not just on bikes, but on P&A as well. Super-high prices + well publicised reliability problems that are very expensive for out-of-warranty owners to fix are not a great business model.