Harley-Davidson cuts full-year revenue forecast-January 2024-www.financetom.com

Harley-Davidson cuts full-year revenue forecast

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Harley-Davidson cuts full-year revenue forecast

Nov 2, 2024 3:22 AM

Oct 24 (Reuters) - Harley-Davidson ( HOG ) trimmed its

revenue forecast for the year as sticky inflation and high

borrowing costs hurt demand for motorcycles in North America.

The company said on Thursday it now expects 2024 revenue

from motorcycles and related products to be down 14% to 16%,

compared with its prior forecast of down 5% to 9%.

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