BUZZ - Harley-Davidson shares fall after Q3 financial report; shipments decline

October 29 - ** Shares of motorcycle manufacturer Harley-Davidson (HOG.N) fell more than 2% in pre-market trading, to $28.89

** HDMC global motorcycle shipments fell 8% to 33,616 units

** HDMC operating profit decreased by 18% year-on-year

** The company's electric motorcycle division, LiveWire, posted an operating loss of $17.8 million in the third quarter and withdrew its earnings guidance

** The company raised its HDMC fiscal 2026 operating profit guidance from $10 million–$50 million to $25 million–$55 million

** The company raised HDFS operating profit guidance from $55 million–$65 million to $60 million–$70 million; retail sales forecast raised to 135,500–139,000 units

** According to data compiled by London Stock Exchange Group (LSEG), third quarter revenue was $1.08 billion, higher than the expected $1.06 billion

** North American retail sales increased 9%, global retail sales increased 5%

** Global dealer inventory decreased by 26% year-on-year

** As of the close of the previous trading day, the stock's cumulative gain for the year reached 44%

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