While Titan Machinery continues to battle agricultural headwinds of lower commodity prices and excessive equipment inventories, analysts covering Case IH’s largest farm equipment dealer group agree that the company is making progress in its efforts to get back to profitability.
During the first quarter of its fiscal year, Titan saw a 19.3% drop in total revenue, which was an improvement over the preceding quarter’s decline of 32%. The company’s gross margin also improved to 18.8%…
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at AGCO’s plans for its precision business and its 2029 targets. In the Technology Corner, Noah Newman talks with Eis Implement’s precision team. Also in this episode, the interest savings dealers could see with the latest rate cut by the Fed and a look at the used 100+ horsepower tractor market.
