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Live+1 todayUpdated 47m ago

Harley-Davidson unveils 'Back to the Bricks' plan targeting $350M+ EBITDA by 2027

Harley-Davidson announced a new strategic plan, 'Back to the Bricks,' aiming to restore performance and drive profitable growth through brand strength, dealer profitability, and cost actions.

HDMC EBITDA target by 2027

over $350 million

Dealer profitability goal (2026 vs 2029)

double in 2026, then double again by 2029

Target HDMC EBITDA margin

10-12%

What Happened

Harley-Davidson, Inc. announced its 'Back to the Bricks' strategic plan on May 5, 2026, designed to restore company performance and deliver profitable growth. The plan leverages the company's iconic brand, dealer network, and revenue channels, with immediate actions to recapture market share in core categories like new and used motorcycles, Parts & Accessories, and Apparel.

EBITDA Target

$350 million+USD

For Harley-Davidson Motor Company in 2027

Key Pillars of the Plan
  • Deep appreciation of competitive advantages and legacy
  • Renewed commitment to exclusive dealer network to drive enterprise profitability
  • Immediate actions to recapture share in areas with right to win
  • Strong financial position with path to stronger free cash flow and EBITDA margin
  • Bolstered management team with fresh perspectives and institutional knowledge
Having defined the motorcycle industry for more than 123 years, Harley-Davidson remains one of the world's most iconic and respected brands. Back to the Bricks builds on our core strengths and competitive advantages, harnessing the passion of our riders to deliver profitable growth for the Company and both our dealers and shareholders.
Artie Starrs, President and CEO, Harley-Davidson

Why this matters

The plan outlines specific financial targets, including over $350 million in EBITDA by 2027, and aims to double dealer profitability twice, signaling a focused effort to revive the iconic motorcycle maker after a period of decline.

Terms in This Story

EBITDA
Earnings Before Interest, Taxes, Depreciation, and Amortization, a measure of a company's overall financial performance.
CAGR
Compound Annual Growth Rate, the mean annual growth rate over a specified period longer than one year.
HDMC
Harley-Davidson Motor Company, the main operating segment of Harley-Davidson, Inc.
Read Original: Harley-Davidson, Inc.

Summarised from the linked release; details can be imperfect — always verify against the original source.