Harley-Davidson raised its full-year 2026 guidance following second quarter results that showed North American retail motorcycle sales up 3 percent to 29,751 units. Global dealer inventory of new motorcycles ended the quarter down 17 percent from a year earlier, while HDMC global motorcycle shipments rose 9 percent to 39,209 units. Net income attributable to HDI fell 26 percent to $80 million, primarily due to the HDFS shift to a capital-light model, partially offset by HDMC improvement. HDMC revenue increased 6 percent to $1.1 billion, and its adjusted EBITDA margin improved to 10.4 percent from 9.3 percent a year ago. The company now expects full-year HDMC global retail sales and wholesale shipments of 133,500 to 138,500 units, up from a prior range of 130,000 to 135,000, and HDMC operating income of $10 million to $50 million, compared with a previous range of a $40 million loss to a $10 million profit.
Harley-Davidson IncHarley-Davidson raised full-year guidance and reported improved HDMC revenue and margins.