Cervus Equipment Corp., one of John Deere’s largest equipment dealers, reported improved financial results in the first quarter of the year compared to the same time period in 2017.
The company generated a $100,000 loss in the first three months of 2018, an improvement of $1.5 million compared to the same period last year. Revenue was about $248.7 million, an 8% uptick from 2017 and gross profit was nearly $41.8 million, an increase of 3%.
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we take an initial look at the Dealer Business Outlook & Trends Report and what dealers are forecasting for 2025.
