Cervus Equipment Corp., (CVL) with 24 John Deere ag equipment dealer locations in western Canada, increased its third-quarter revenues by $47.8 million or 25.6% to $234.7 million when compared to the same quarter of 2011. According to the company’s November 7 release, same-store sales increased $17.6 million or 9.4%. Both of the company’s operating segments reported increases in revenues with the ag equipment segment increasing by 14.1% to $170.6 million and the commercial and industrial…
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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.
