Harley-Davidson said on Wednesday it expects 2025 motorcycle revenue to be flat to down 5%, as consumers pulled back from big-ticket purchases, sending its shares down about 3.5% in premarket trade.

Harley-Davidson Inc. on Wednesday reported a fourth quarter loss of $117 million as its motorcycle business revenue fell 47% from a year ago. The company said high interest rates contributed to eroding consumer confidence.

(Reuters) - Harley-Davidson said on Wednesday it expects 2025 motorcycle revenue to be flat to down 5%, as consumers pulled back from big-ticket purchases. The company also reported a net loss of $117 million, or 93 cents per share, for the fourth quarter, compared with a profit of $26 million, or 18 cents per share, a year earlier.