Davidson posted a lower-than-expected profit for the second quarter and did not provide an annual forecast on Wednesday, as U.S. President Donald Trump's tariffs continued to weigh on the motorcycle maker.

They'll acquire a stake in Harley-Davidson Financial Services, all the loans HDFS is currently holding, plus any new loans Harley originates. Honestly, this is a good example of outgoing CEO Jochen Zeitz and the Harley board maximizing an asset at a key time.

Harley-Davidson Inc. said tariffs crimped profits in the second quarter as high borrowing costs sapped demand and forced the motorcycle manufacturer to cut production.