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Why Is Motorcycle Manufacturer Harley-Davidson's Stock Rising Today?

Summary

Harley-Davidson (NYSE:HOG) stock rose after Q1 FY25 earnings topped estimates. Revenue fell 23% year-over-year to $1.33 billion, but beat expectations. EPS of $1.07 surpassed the $0.79 estimate. Despite a 33% drop in global shipments and 21% decline in retail sales, the company generated $142 million in cash flow.

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Article published on May 1, 2025 by benzinga