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

Harley-Davidson

30/07/2025 12:40

** 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

 (Reporting by Aatreyee Dasgupta)

 ((Aatreyee.Dasgupta@thomsonreuters.com))