For the period ended March 31, Cervus Equipment Corp. (CVL), the publicly held John Deere dealership based in Calgary, reported its first-quarter revenue increased by 35.7% to $148.9 million from $109.8 million vs. the same period of 2012. At the same time, the dealership group said its profit decreased by $896,000 or 64.2% to $500,000 for the quarter from $1.4 million in 2012.
According to a note from Ben Cherniavsky, analyst for Raymond James, the…
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In this episode of On the Record, brought to you by Associated Equipment Distributors, Deere Director of Investor Relations Josh Beal told JP Morgan analysts that the OEM is confident it will be “producing to demand” in fiscal year 2025.
