UPDATE 2-Harley-Davidson lays off staff, cuts salaries, amid coronavirus outbreak [Reuters]
Harley-Davidson, Inc. (HOG)
Last harley-davidson, inc. earnings: 4/28 06:50 am
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Source: Reuters
Harley-Davidson lays off staff, cuts salaries, amid coronavirus outbreak CHICAGO (Reuters) - Harley-Davidson Inc ( HOG.N ) said on Wednesday it had temporarily laid off most of its global production employees and implemented salary cuts in a bid to lower costs as the coronavirus pandemic has hurt its business. The announcement comes weeks after the motorcycle maker withdrew its earnings forecast for this year, saying pandemic-induced disruptions could dent its ability to supply and sell motorcycles. Harley’s shares were last trading down 5.7% at $18.25. With the pandemic hitting their revenues and drying up cash flows, companies of all sizes are trying to conserve cash and bolster liquidity. However, worries about the impact of the highly contagious virus, which causes a respiratory illness called COVID-19, on Harley’s business have prompted both Fitch and Moody’s to downgrade its credit ratings. Harley has yet to quantify the impact, but Fitch says the company could see a 25% decli
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HOG
News
- Harley-Davidson (NYSE:HOG) was given a new $18.00 price target on by analysts at Morgan Stanley.MarketBeat
- HARLEY-DAVIDSON DEBUTS NEW 2026 GRAND AMERICAN TOURING, TRIKE, ADVENTURE AND CUSTOM VEHICLE OPERATION™ MOTORCYCLESPR Newswire
- Harley-Davidson (NYSE:HOG) had its price target lowered by analysts at Citigroup Inc. from $28.00 to $23.00. They now have a "neutral" rating on the stock.MarketBeat
- Harley-Davidson: Poor Fundamentals, Business Model, Or Undervalued? [Seeking Alpha]Seeking Alpha
- Is Harley-Davidson (HOG) Centralizing Power To Sharpen Its Brand Or Mask Deeper Demand Challenges? [Yahoo! Finance]Yahoo! Finance
HOG
Earnings
- 11/4/25 - Beat
HOG
Sec Filings
- 1/14/26 - Form 4
- 1/14/26 - Form 3
- 1/14/26 - Form 3
- HOG's page on the SEC website