Titan-Equipment-Inventory

Strong Margins Underlie Titan Machinery’s 3Q Revenue Boost

Titan Machinery, Case IH’s largest U.S. dealer, reported its third quarter revenues for fiscal 2019 increased by 10.1% year-over-year to $364 million. Equipment revenues were up by nearly 12%, parts sales grew by 8.3% and service revenue increased 6.7%.

Revenues from the sale of ag machinery were up 13% during the quarter to $211 million. For the first 9 months of the fiscal year, Titan reported farm equipment revenues increased by nearly 4% to $506…

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