Q2 2025 LiveWire Group Inc Earnings Call Transcript
Key Points
- LiveWire Group Inc (LVWR) entered into strategic partnerships with KKR and PIMCO, enhancing financial flexibility and reducing leverage.
- The transaction with KKR and PIMCO is expected to boost HDFS earnings by $275 to $300 million in operating income this year.
- LiveWire Group Inc (LVWR) reported a 34% improvement in consolidated operating loss compared to the previous year, showing progress in reducing cash burn.
- The company plans to launch new entry-level products, including a small displacement motorcycle priced below $6,000, targeting growth in new segments.
- LiveWire Group Inc (LVWR) is leveraging technology, including AI, to drive substantial cost savings and productivity gains across the business.
- Consolidated revenue for the second quarter declined 19%, primarily due to a planned reduction in motorcycle shipments and soft demand.
- Global motorcycle retail sales were down 15% year over year, impacted by elevated interest rates and economic uncertainty.
- LiveWire Group Inc (LVWR) experienced a decrease in electric motorcycle revenue due to lower unit sales.
- The uncertain macro environment and lack of incentives continue to weigh on consumer demand for larger motorcycles and early-stage EV products.
- The company withheld its full-year 2025 financial outlook for HDMC and HDI due to ongoing global tariff uncertainties.
Thank you for standing by and welcome to the Harley Davidson 2025 2nd quarter investor and analyst conference call. Please be advised that today's conference is being recorded.
I would now like to hand the conference over to Sean Collins.
Thank you. Please go ahead.
Thank you. Good morning. This is Sean Collins, the director of investor relations at Harley Davidson. You can access the slides supporting today's call on the internet at the Harley Davidson Investor Relations website. As you might expect, our comments will include forward-looking statements that are subject to risks that could cause actual results to be materially different. Those risks include, among others, matters we have noted in today's earnings release and in our latest findings with the SEC.
Joining me for this morning's call are Harley Davidson, Chief Executive Officer Jochen Zeitz.
Also, Chief Financial Officer Jonathan Root.
And we have Livewire's Chief Executive Officer Karim Dinez.
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
