Harley-Davidson to suspend most vehicle assembly due to parts issue [Globe and Mail, The (Toronto, Canada)]
Harley-Davidson, Inc. (HOG)
Last harley-davidson, inc. earnings: 4/28 06:50 am
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Source: Globe and Mail, The
Harley-Davidson Inc. said on Thursday the bike maker will suspend all vehicle assembly and shipments for a two-week period, excluding those from its electric vehicle division LiveWire, due to a parts issue related to a supplier. The company said it took the decision after a third-party supplier informed Harley about a regulatory compliance matter relating to the supplier's component part. Shares of Harley, which did not immediately respond when contact by Reuters for more details on the suspension, fell 9% to $32.51 in premarket trading. Milwaukee-based Harley reported a drop in first-quarter profit in April, as margins at the company were squeezed by higher costs and chip shortages. Supply chain snarls dented motorcycle sales in North America as production challenges resulted in lower dealer inventories, the company had previously said. (Reporting by Aishwarya Nair in Bengaluru; Editing by Be smart with your money. Get the latest investing insights delivered right to your
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News
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- Harley-Davidson, Inc. (NYSE: HOG) had its price target raised by analysts at DA Davidson from $42.00 to $49.00. They now have a "buy" rating on the stock.MarketBeat
- Harley-Davidson Reaches Agreement To Ratify Contract With All Unions At Its Wisconsin Operations [Yahoo! Finance]Yahoo! Finance
- Harley-Davidson Reaches Agreement To Ratify Contract With All Unions At Its Wisconsin OperationsPR Newswire
- Harley-Davidson, Inc. To Report First Quarter Results on April 25, 2024PR Newswire
HOG
Earnings
- 2/8/24 - Beat
HOG
Sec Filings
- 4/5/24 - Form ARS
- 4/5/24 - Form DEF
- 2/23/24 - Form 10-K
- HOG's page on the SEC website