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HDFS credit loss provisions jump 226%

Retail credit losses ticked up 30 bps

Amanda Harris

Harley Davidson Financial Services’ provision for credit losses surged 226.7% year over year driven by normalizing credit performance and contributing to a 24.3% YoY decline in operating income in the third quarter. Provision for credit losses jumped to $36.6 million in Q3, while operating income fell to $81 million, according to Harley-Davidson‘s earnings release. Allowance […]

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