Strong Operating Income Margin
Harley-Davidson's operating income margin for the quarter was 12.1%, which was better than expected due to strong product mix and tight cost control.
Financial Services Performance
Harley-Davidson Financial Services (HDFS) delivered a better-than-expected result with a 19% increase in operating income for the quarter.
New Product Launches
Harley-Davidson launched the CVO Road Glide RR, the most powerful and dynamic on-road production motorcycle in its history. Additionally, plans to introduce new entry-level products in smaller displacements and an iconic classic for the U.S. and international markets starting next year were discussed.
Resilience in Capital Allocation
Despite economic uncertainty, Harley-Davidson repurchased 3.4 million shares worth $87 million in Q1 2025, maintaining its commitment to returning capital to shareholders.
Improvement in Retail Trends
Sequential improvement in retail sales was observed from February to April, particularly in North America.