Harley-Davidson, Inc. (HOG) Q3 2024 Earnings Call Transcript Summary
Harley-Davidson, Inc. (HOG) Q3 2024 Earnings Call Transcript Summary
Earnings per share for the third quarter came in at $0.91, reflecting a 34% decrease from the previous year.The following is a summary of the Harley-Davidson, Inc. (HOG) Q3 2024 Earnings Call Transcript:
以下是哈雷戴維森公司（HOG）2024年第三季度業績會實錄摘要：
Financial Performance:
金融業績：
Harley-Davidson reported a 26% decline in consolidated revenue for Q3 2024, attributed primarily to a 32% drop in Harley-Davidson Motor Company (HDMC) revenue offset by a 10% growth in Harley-Davidson Financial Services (HDFS) revenue.
Operating income for Q3 2024 was down 49% to $106 million, with HDMC experiencing a $120 million decrease.
Earnings per share for the third quarter came in at $0.91, reflecting a 34% decrease from the previous year.
哈雷戴維森報告了2024年第三季度綜合營業收入下降26％，主要歸因於哈雷戴維森摩托公司（HDMC）營收下降32％，部分抵消了哈雷戴維森金融服務（HDFS）營收增長10％。
2024年第三季度營業收入下降了49％，至10600萬美元，HDMC經歷了12000萬美元的減少。
第三季度每股收益達到0.91美元，比去年同期下降34％。
Business Progress:
業務進展：
Despite the difficult operating environment, Harley-Davidson introduced a new lineup of touring motorcycles and received positive feedback, establishing a foundation for future success.
The company is focused on reducing dealer inventory by 20% by the end of Q4 2024 compared to Q3 levels, aiming to enter 2025 with healthy inventory levels similar to the beginning of 2024.
LiveWire is adjusting to the EV market by driving cost efficiencies and productivity, planning to reduce cash burn by 40% in 2025.
儘管處於艱難的運營環境中，哈雷戴維森推出了新系列旅行摩托車，並獲得了積極反饋，爲未來成功奠定了基礎。
該公司致力於將經銷商庫存在2024年第四季度末減少20％，目標是在2025年初與2024年初相似的健康庫存水平進入。
LiveWire正在調整以適應電動汽車市場，通過提高成本效率和生產力，計劃在2025年將現金流燃燒降低40%。
Opportunities:
機會：
HDFS demonstrated strong performance with a 10% revenue growth and a 29% increase in operating income, highlighting the potential for further growth and profitability in financial services.
The new product segment to be announced at EICMA by LiveWire potentially opens new revenue streams and expands the addressable market.
The introduction of new touring motorcycles has been well received, potentially boosting market share and customer loyalty.
哈雷戴維森金融服務表現強勁，營業收入增長10%，運營收入增加29%，突顯進一步增長和盈利潛力。
LiveWire將在EICMA公佈新產品領域，可能開闢新的營收渠道，擴大可觸及市場。
新款旅遊摩托車的推出得到了良好反響，可能提升市場份額和客戶忠誠度。
Risks:
風險：
Global macroeconomic conditions and geopolitical uncertainty are affecting consumer spending on big-ticket items like motorcycles, particularly impacting Harley-Davidson's core markets.
The EV market's slower-than-anticipated adoption poses challenges for LiveWire, impacting sales expectations and leading to revised full-year guidance for motorcycle unit sales.
全球宏觀經濟狀況和地緣政治不確定性影響了消費者對摩托車等大件商品的支出，特別影響了哈雷戴維森的核心市場。
電動汽車市場的發展速度慢於預期，給LiveWire帶來挑戰，影響了銷售預期，並導致公司修訂了全年摩托車銷量指引。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
