The Motor Company released its third quarter 2022 financial report and the news was gloomy- though not all bad. While production umbers increased, profit fell by 5% in the quarter ending September 30.
"Harley-Davidson delivered a strong third quarter with solid growth for both revenue and operating income, aligned to our Hardwire strategic initiatives. We are reaffirming our outlook for the year, and as we approach our 120th anniversary that we will be celebrating in our hometown Milwaukee and around the world, we are excited about the potential of Harley-Davidson, the most desirable motorcycle company in the world."
— Jochen Zeitz, chairman, president and CEO of Harley-Davidson
Summary of Results
The outlook for the rest of 2022 has HDMC expecting: