Harley-Davidson Trouble Gets Much Worse
Briefly

Harley-Davidson Inc. faces a tumultuous period with its stock down 35% over the past year, amidst an escalating dispute over board leadership. H Partners Management, a significant shareholder, is pushing for the removal of long-serving board members, yet opinions among prominent proxy advisory firms are divided. Financially, the company struggles with a 17% drop in revenue and a heavy debt load, raising questions about its future direction, especially as motorcycle sales continue to decline.
"Even though H Partners argues for change, they have not clearly demonstrated a viable plan to reverse Harley's ongoing performance issues, particularly with declining motorcycle sales."
"The financial landscape looks grim for Harley: a significant drop in revenue, plummeting earnings per share, and a long-term debt burden of $5 billion raise serious concerns."
Read at 24/7 Wall St.
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