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Titan International Reports 1Q21 Net Sales Up 18%

May 7, 2021 | Posted in Earnings Reports

Net sales for the first quarter of 2021 were $403.5 million, compared to net sales of $341.5 million for the first quarter of 2020, representing a $62 million, or 18.2%, increase.

Titan International Net Sales Drop 13% in 2020

March 5, 2021 | Posted in Earnings Reports

Net sales for the year were $1.26 billion, compared to net sales of $1.45 billion for the full year 2019, representing a $189.4 million decrease.

Titan International Announces Sale of Texas Facility

December 3, 2020 | Posted in Ag Equipment Business

Titan International today announced the completion of the sale of its Brownsville, Texas, facility. The sale was completed in November to an affiliate of Phoenix Investors, a national private commercial real estate firm headquartered in Milwaukee, Wis.

Titan International Reports 3Q20 Net Sales Down 11.9%

November 5, 2020 | Posted in Earnings Reports

Net sales for the third quarter of 2020 were $304.8 million, compared to net sales of $345.9 million for the third quarter of 2019, representing a $41.1 million, or 11.9% decrease.

Titan International Reports Net Sales Down 26.7% in 2Q20; Ag Sales Down 12%

August 6, 2020 | Posted in Earnings Reports

Net sales for the second quarter of 2020 were $286.1 million, compared to net sales of $390.6 million for the second quarter of 2019, representing a $104.5 million, or 26.7%, decrease.

Titan International Reports Net Sales Down 16.8% in 1Q20

May 8, 2020 | Posted in Earnings Reports

Net sales for the first quarter of 2020 were $341.5 million, compared to net sales of $410.4 million for the first quarter of 2019, representing a $68.9 million, or 16.8%, decrease. On a constant currency basis, net sales for the first quarter 2020 would have been $354.2 million.

Titan International to Keep U.S. Plants Operating

March 23, 2020 | Posted in Ag Equipment Business

Titan International, manufacturer of Titan Tires, Titan Wheels and Goodyear Farm Tires, has announced it will keep its U.S. manufacturing facilities operating as normal in order to support the food and agriculture industry, which the federal government has deemed critical to the nation’s response to the coronavirus pandemic.

Titan International Reports 17% Drop in 4Q19 Net Sales

March 4, 2020 | Posted in Earnings Reports

Titan International Inc. (TWI), a global manufacturer of agricultural and other off-highway wheels, tires, assemblies, and undercarriage products, reported results for the fourth quarter and year ended Dec. 31, 2019.

Titan International Reports 3Q19 Net Sales Fell 10%; Ag Sales Slip 4%

November 7, 2019 | Posted in Earnings Reports

Titan International (TWI), manufacturer of off-highway tires and wheels, posted third quarter 2019 net sales of $345.9 million, a decrease of $38.8 million, or 10% vs. the third quarter of 2018, ended Sept. 30. On a constant currency basis, net sales would have been $351.6 million.

Titan International Reduces Stake in Indian Wheel Maker

October 8, 2019 | Posted in Equipment & Equipment Sales

Titan International announced that on Oct. 3, 2019, through one of its wholly-owned subsidiaries, the company completed the sale of shares of Wheels India Ltd. in on-market trades on the National Stock Exchange of India Ltd. The sale reduces the company's indirect ownership interest in Wheels India from approximately 34.2% of the outstanding shares of Wheels India to approximately 23.8%.

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Titan reports 1Q Ag Revenues Up 18.6%

In this week's episode, Titan Machinery released its first quarter earnings for fiscal year 2022, with all segments reporting growth except for the rental and other division. This week's Dealers on the Move include Torgerson's, Hutson Inc. and Atlantic Tractor. Associate Research Editor Ben Thorpe takes a look at Deere's second quarter earnings and on the battle for market share between Deere and AGCO's Fendt brand. Also in this episode, a closer look at the used high horsepower tractor market and Kubota's first quarter results.

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