Harley-Davidson slips after Q3 results; shipments fall

By Reuters News

** Shares of motorcycle maker Harley-Davidson HOG.N fall more than 2% to $28.89 premarket

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

** HDMC operating income down 18% YoY

** LiveWire, Co's electric motorcycle unit, posts Q3 operating loss of $17.8 mln and withdraws its guidance

** Co raises FY26 HDMC operating income view to $25 mln-$55 mln from $10 mln-$50 mln

** Co lifts HDFS operating income view to $60 mln-$70 mln from $55 mln-$65 mln; retail sales view raised to 135,500-139,000 units

** Q3 revenue of $1.08 bln vs est $1.06 bln, per data compiled by LSEG

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

** Global dealer inventory down 26% YoY

** As of last close, stock has risen 44% YTD

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