In its fiscal year 2024 earnings report on March 21, Titan Machinery reported $2 billion in ag equipment revenue for the year, a 28% year-over-year increase. Total revenue for the fiscal year was $2.8 billion, up 25% year-over-year.
This is a record high for the last 5 years and the second-highest year-over-year increase in full year ag revenue that Titan Machinery has seen in the last 5 years. Ag revenue for the fourth quarter came…
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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.
