A little over 3 years ago in February 2011, Deere & Co. Chairman and Chief Executive Samuel Allen said he wanted to deliver three times as much profit at normal operating volumes and to double the company’s annual sales to $50 billion by 2018 as part of his John Deere Strategy.
For the company’s previous fiscal year that ended October 31, 2010, Deere earned $1.87 billion on total sales and revenue of $24 billion.
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