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Late Spring Impacts Titan Machinery Sales, But Operational Execution Solidifies Its Bottom Line

June 1, 2018 | Posted in Data & Trends, Mergers & Acquisitions

Like other equipment dealers in the North Central U.S. and Western Canada, the late spring impacted Titan Machinery’s fiscal year 2019 first quarter sales.

On the Record

Titan Machinery Sets Inventory Goal of 3X Turn

December 21, 2017

In this newscast, we discuss Titan’s goals for improving inventory turns, compensation averages for precision farming personnel in dealerships, AGCO’s new product development plans and improvements in dealer sentiment, both in North America and Europe.

On the Record

[Podcast] Deere Suggests Ag Equipment Industry Turning the Corner

December 8, 2017

In this podcast, we discuss Deere’s suggestion that we’ve turned the corner on the current ag equipment downturn, artificial intelligence in ag, what the Tax Cuts and Jobs Act means for farm equipment dealers, Titan Machinery’s outlook for fiscal year 2018 and a drop in producer sentiment.

Titan Machinery Makes Strides in Inventory Reduction; Announces Note Repurchase

September 1, 2016 | Posted in Equipment & Equipment Sales

Titan Machinery, Case IH’s larger dealership group, reported on Aug. 25 that revenues for the second quarter of fiscal 2017 were down 19.3% to $285 million vs. $353 million a year ago.

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 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.

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[Technology Corner] What are the Top 5 Applications in Autonomy Right Now?

There was plenty of technology on display at the World Dairy Expo in Madison, Wis., a few weeks ago. Farm Equipment editor Mike Lessiter caught up with Monarch Tractor’s John Issacson and got his take on the top 5 applications in autonomy right now.

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