The prevailing headwinds that emerged in the second quarter of the year and began slowing industry equipment sales showed no signs of letting up in the third quarter, and continued to erode Titan Machinery’s bottom line. Revenues for North America’s largest dealer of farm equipment fell in its fiscal third quarter by 16% and were down 7% through the first 9 months of the year.
On Dec. 10, Titan reported its third-quarter earnings for the…
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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.
