Harley-Davidson’s revenue rises 40% to $1.01B in Q4

Harley-Davidson, Inc. revealed on Tuesday that its fourth-quarter revenues rose 40% year-on-year to reach $1.01 billion. On the other hand, the company’s net income fell to $22 million from the $96 million in the last three months of 2020, while its diluted earnings per share (EPS) dropped to $0.14 from the $0.63 in the 2020 comparable period.

On an annual level, Harley-Davidson’s revenues soared 32% year-on-year to hit $5.33 billion, with its net income sky-rocketing to $650 million from $1 million in 2020. Its yearly diluted EPS also increased from $0.01 in 2020 to $4.19 in the total of 2021.

“Harley-Davidson delivered a strong finish to the year, in which we have seen proof points on all elements of our Hardwire Strategy. Looking ahead, we are fully committed to achieving our long-term Hardwire Strategy, as the most desirable motorcycle brand and company in the world,” said Jochen Zeitz, Chairman, President and firm’s CEO.



Baha Breaking the News (BBN) / SP



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