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More on Harley-Davidson's Q4

  • Harley-Davidson (HOG) says dealers sold 45,875 new Harley motorcycles during Q4, up 5.7% Y/Y. The growth rate in the U.S. was higher (6.3%) than the rate in international markets (4.7%).
  • Operating margin for the motorcycles segment rose 60 bps to 5.9% as operating expenses were trimmed.
  • The company sees shipping 279K-284K motorcycles to dealers and distributors in 2014 to mark a 7%-9% increase from last year's level.
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