Kubota’s earnings report for the first 9 months of 2022 highlighted the manufacturer’s continued success in growing North American ag and construction revenue.
Kubota’s North American Farm Equipment and Engines segment sales (Kubota does not break down its sales to solely farm equipment) for the first 9 months were up 29.8% year-over-year to $3.7 billion. Total North American sales up 31.8% to $5.7 billion. Construction sales were up 38.2% to $1.6 billion, showcasing…
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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.
