It was mostly good news for Rocky Mountain Equipment (formerly Rocky Mountain Dealerships) as it posted vastly improved numbers for its fourth quarter and full year 2012. They were good enough for one analyst to upgrade the RME stock to “outperform,” while also expressing concerns about Rocky’s pursuit of market share.
On March 11, the Calgary-based dealership group reported its fourth-quarter revenues increased by 25% to $300.8 million, 17.6% on same store sales. Revenue for…
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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.
