Harley-Davidson presented its fourth quarter 2022 financial results, and the results were generally strong, but not without a few hiccups.
The quarter was strong, compared to the previous year, with revenues ($1.14 billion vs $1.02 billion), operating income (profit of $4 million vs loss of $7 million) diluted earnings per share ($0.28 versus $0.14) showing increases in 2022. For the year, Harley-Davidson reported revenues of $5.76 billion compared to $5.34 billion in 2021, and an operating income of $909 million compared to $823 million in the previous year.
Motorcycle shipments were up 18% in the quarter and up 3% on the year, in spite of a production stoppage in May caused by a regulatory compliance issue with brake lines from a third party supplier.
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