Harley reported consolidated revenue rose 77% to $1.5 billion, generating net income of $206 million, or $1.33 per share. While motorcycle revenue alone hit $1 billion, a 130% year-over-year gain, unit sales were up just 24% to 65,000 motorcycles as Zeitz focused on Harley's more profitable bikes.
How is Harley-Davidson doing financially?
Harley-Davidson generated $926 million of cash from operating activities year-to-date in 2021. Cash and cash equivalents were $2.1 billion at the end of the third quarter, down $1.5 billion to the end of Q3 2020 as the company has brought down cash balances.
Who is Harley owned by?
Kawasaki Motor Company, LTD. is the parent company of Harley-Davidson Motor Company (as of now…