Harley-Davidson, Inc. - HOG STOCK NEWS

Richard Strong has been appointed as the Digital Officer and Senior VP of Information Technology for Agricor Laboratories and Botanacor Laboratories. Previously, he served as CIO for Harley-Davidson Financial Services and held senior IT roles at Harley-Davidson Motor Company (NYSE: HOG). His 20+ years of experience will focus on enhancing digital, data, and cloud solutions. This strategic move aims to improve lab services and ensure compliance in a complex regulatory environment.

Harley-Davidson, Inc. (NYSE:HOG) reported strong 2021 results, achieving a 32% increase in total revenue, totaling $5.336 billion. The company's GAAP diluted EPS reached $4.19, a significant rise from $0.01 in 2020. The fourth quarter saw a 40% revenue growth to $1.016 billion, with GAAP diluted EPS of $0.14. However, the 2022 outlook forecasts a 20-25% decline in operating income for the Financial Services segment. Harley-Davidson plans to invest $190-$220 million into growth initiatives while managing supply chain challenges.

Harley-Davidson, Inc. (NYSE: HOG) has declared a cash dividend of $0.1575 per share for Q1 2022. This dividend will be payable on March 18, 2022, to shareholders on record as of February 28, 2022. This decision reflects the company's ongoing commitment to return value to its shareholders while maintaining financial health.

Harley-Davidson (NYSE: HOG) announced a cooperation agreement with major shareholder H Partners, with Jared Dourdeville joining its Board of Directors. He will also serve on the Human Resources and Nominating Committees. Lead Director Tom Linebarger expressed optimism about the collaboration, emphasizing a focus on long-term profitable growth. Dourdeville's appointment is seen as a strategic move to reinvigorate the brand under CEO Jochen Zeitz's leadership. Full details will be disclosed in a Form 8-K filing with the SEC.

Harley-Davidson has appointed Erica Bullard as SVP of Apparel & Licensing and Louise Goldin as Creative Director as part of its strategic shift to enhance its Apparel and Licensing business. This new direction aligns with Harley-Davidson's Hardwire strategy, aiming to leverage its heritage and expand its lifestyle brand globally. Bullard, with over 20 years of experience at NIKE, will lead the global apparel business, while Goldin will head the design teams in New York and Milwaukee, focusing on modern lifestyle design.

On January 26, 2022, Harley-Davidson (NYSE: HOG) unveiled its 2022 motorcycle lineup, introducing eight new models featuring the Milwaukee-Eight® 117 engine, the most powerful factory-installed engine in the brand's history. Key models include the Street Glide® ST, Road Glide® ST, and Low Rider® ST. These bikes focus on performance, style, and enhanced features, such as improved braking and infotainment systems. The lineup aims to solidify Harley-Davidson's position as a leading motorcycle brand, targeting enthusiasts seeking premium quality and advanced capabilities.

Harley-Davidson Announces Q4 2021 Earnings Call

Milwaukee, Jan. 13, 2022 – Harley-Davidson, Inc. (NYSE: HOG) will release its fourth quarter and year-end 2021 financial results on February 8, 2022. An audio webcast will take place from 8-9 a.m. CDT, featuring insights from Jochen Zeitz, CEO, and Gina Goetter, CFO. A slide presentation will be available 30 minutes before the call. Participants are encouraged to log on 10 minutes early, and a replay will be accessible two hours after the event.

Harley-Davidson (HOG) and AEA-Bridges Impact Corp. (IMPX) announced a definitive agreement for a business combination that will lead to LiveWire, Harley's electric motorcycle division, becoming the first publicly traded EV motorcycle company in the U.S. The transaction is expected to close in the first half of 2022, providing LiveWire with approximately $600 million in combined funding including a $400 million cash trust from ABIC and investments from Harley and KYMCO. LiveWire aims to lead the electric motorcycle market, focusing on urban areas and leveraging the extensive manufacturing infrastructure of its partners.

Harley-Davidson, Inc. (NYSE: HOG) announced its Board of Directors has approved a cash dividend of $0.15 per share for Q4 2021. This dividend is payable on December 23, 2021 to shareholders of record as of December 8, 2021. The company, which serves as the parent of Harley-Davidson Motor Company and Harley-Davidson Financial Services, continues to provide returns to shareholders amidst its ongoing business operations.