Harley-Davidson Inc
HOG: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| nN& | LOCK|B!jt | LOCK|x!W&h#! |
Harley-Davidson Earnings: Weak Demand Environment Persists, Rendering Further Downside to Valuation
A fourth-quarter sales decline of 35% and an operating margin loss of $193 million were driven by a 53% decline in shipments as consumer demand stalled. Continued hesitation in the retail environment sets up Harley-Davidson for another weak year of shipments and profitability in 2025.
