Articles Tagged with ''farm equipment sales''

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On the Record

Titan Machinery Posts Big Gains in 1Q

The latest episode of On the Record is now available! We’re excited to be back in the office for this week’s episode, which includes coverage of Titan Machinery’s strong first quarter performance, as well as the latest earnings reports from Deere & Co., AGCO and CNH Industrial. In the Technology Corner, Jack Zemlicka shares some of the results of the 7th Annual Strip-Till Operational Benchmark Study. Also in this episode, Deere earns the Dealer’s Choice Award in the Equipment Dealers Assn.’s Dealer-Manufacturer Relations survey, and dealer sentiment remains down in both North America and Europe.
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Cervus Equipment 1Q20 Revenues Rise 9%; Ag Up 8%

Cervus Equipment, John Deere’s largest ag equipment dealership group in Canada, posted strong results for the first quarter of 2020 ended March 31. The company reported new equipment revenue increased 21% in the first quarter of 2020 compared to the same quarter of 2019.
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Deere’s 1QFY20 Net Sales Drop, But Net Income Improves

Deere & Co. reported that its worldwide net sales and revenues decreased 4% in the first quarter of 2020, ended Feb. 2, to $7.63 billion. Net sales of the company’s equipment operations were $6.53 billion for the quarter, compared with $6.94 billion in 2019; a decline of 6%. At the same time, Deere’s net income for the quarter was up 4% to $517 million vs. $498 for the same period in 2019.
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Each monthly issue of Ag Equipment Intelligence is like getting one-on-one personal advice from the world's most trusted ag equipment industry experts. Advice that hasn't been watered down or distorted by outside influence, providing the latest and most insightful farm equipment analysis. AEI explores where the ag equipment industry is going — not just where it's been. No filler. No bias. No conflict of interest. You can access the PDF issue archive by clicking here.

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