Harley-Davidson rises after announcing $5 billion financial unit sale

ReutersJul 30, 2025 11:40 AM

Legacy motorcycle maker Harley-Davidson's shares HOG.N rise ~10% to $25.19 premarket

HOG is selling its loans from its financial unit to KKR KKR.N and PIMCO, valued at more than $5 billion

Also posts lower second-quarter profit as U.S. President Donald Trump's tariffs continued to weigh on business

Quarterly profit fell to $108 million, or 88 cents per share, from $218 million, or $1.63 per share, a year ago

As of last close, stock had fallen ~24% YTD

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