Titan Machinery’s focus for fiscal year 2025 (ending Jan. 31, 2025) is on inventory reduction, and CEO Bryan Knutson said that will carry into fiscal year 2026.
The Case IH dealership group reported Q1 revenue for FY2025 was up 10% to $628.7 million. Inventories increased to $1.4 billion as of April 30, 2024, an increase from $1.3 billion as of January. This change in inventory reflects increases of $105.5 million and $27.1 million in new…
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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.
