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Articles Tagged with ''Titan Machinery''

Titan Machinery Pushes to Reduce Inventories Following Tough 3QF14

December 1, 2013 | Posted in Earnings Reports, Equipment & Equipment Sales

Following a particularly difficult quarter where revenues rose only 1%, Titan Machinery, the Fargo, N.D.-based retailer of farm and construction equipment lowered its outlook for annual revenue, net income and earnings per share.

Titan Machinery Cites Declining Customer Sentiment for Reducing Outlook

September 16, 2013 | Posted in Earnings Reports

Despite posting hefty revenue gains through the second quarter and first half of its 2014 fiscal year, Titan Machinery cut its full-year outlook to $2.25-$2.45 billion from its earlier forecast of $2.35-$2.55 billion. Titan, whose biggest brand of ag and construction equipment is Case IH, has 109 locations in the U.S. and Eastern Europe.

Titan Machinery Cites Declining Customer Sentiment for Reducing FY Outlook

September 1, 2013 | Posted in Earnings Reports, Equipment & Equipment Sales

Titan Machinery Misses Estimate Despite 4.7% 1Q Sales Rise, Changes are Planned

June 1, 2013 | Posted in Earnings Reports

While Titan Machinery reported fiscal year first-quarter revenue increased 4.7% to $442 million vs. the same period last year, its revenue was approximately $50 million lower than the dealer’s initial guidance.

U.S. Trails Canada in Farm Tractor Use

April 26, 2013 | Posted in Data & Trends

It may or may not come as a surprise to farm equipment industry observers, but the U.S. is not the biggest user of farm tractors on a per-capita basis. It's number two, trailing Canada as utilizing the highest number of farm tractors per 1,000 farmers.

Titan Machinery Sees 4Q Revenues Rise 29.2%; 32.5% for FY13

April 1, 2013 | Posted in Earnings Reports

Titan Machinery, Case IH’s largest equipment dealer worldwide, posted healthy revenue increases for both the fourth quarter and full year of fiscal 2013. At the same time, the dealer group’s net income slipped as a result of construction segment losses, margin pressures and rising floorplan costs as a result of higher equipment inventories.

Titan Machinery Lowers New Equipment Inventories in 4Q

April 1, 2013 | Posted in Equipment & Equipment Sales

After facing analyst scrutiny during previous earnings reports for its growing inventory levels, which resulted in rising floorplan interest and other associated costs, Titan Machinery showed a significant decrease in new equipment levels in its fourth quarter, ending January 31, 2013.

Dealer Consolidation Marches On as ‘Bigs’ Get Bigger

April 1, 2013 | Posted in Data & Trends, Equipment & Equipment Sales

If you were to only look at the raw numbers, you might think that the pace of farm equipment dealership consolidation may have slowed its relentless pace during the past year. But nothing could be further from the fact.

Case IH Aiming for Big Growth in Europe

January 1, 2013 | Posted in Equipment & Equipment Sales

Ambitious plans by Case IH managers in Europe to increase sales by 50% over the next three years are being supported in developing markets by one of North America’s largest retail dealer groups.

Titan Machinery Acquires Falcon Power

Represents Company's First Dealerships in Arizona

November 2, 2012 | Posted in Mergers & Acquisitions

Titan Machinery (NASDAQ:TITN) announced today that it has completed the acquisition of Falcon Power, which consists of two Case construction equipment dealerships located in Phoenix and Flagstaff, Arizona.

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