Titan machinery - Articles

Titan Machinery Begins Reopening Dealership Showrooms

May 4, 2020 | Posted in Ag Equipment Business

A recent press release from the dealership group said the company had reopened some locations as of May 4 with more to follow.

New Credit Agreement Will Lower Titan Machinery Borrowing Costs

April 6, 2020 | Posted in Dealers & Dealerships

Titan Machinery Inc. (Nasdaq: TITN), a leading network of full service agricultural and construction equipment stores, announced that it has entered into a new 5 year Amended and Restated Credit Agreement, maturing April 2025, arranged by Bank of America, with a syndicate of lenders consisting of Bank of America, Wells Fargo Bank, Regions Bank, BBVA USA, AgCountry Farm Credit Services, and Sterling National Bank.

Titan Machinery’s FY20 Revenues Rise 3.5%; Ag Up 3.1%

March 26, 2020 | Posted in Earnings Reports

Despite seeing a slowdown in the fourth quarter of its fiscal 2020 period, annual revenues were up 3.5% on strong aftermarket results, as parts sales rose 11.1% and service grew by 14.2%. Overall, equipment sales increased by about slightly under 1%.

Titan Machinery Announces Acquisitions in Nebraska, Eastern Wyoming

February 12, 2020 | Posted in Mergers & Acquisitions

Titan Machinery has announced it will acquire the assets of HorizonWest and become the Case IH agriculture dealer in the Nebraska Panhandle and Eastern Wyoming.

Dealership Groups Produced Mixed Results in Latest Earnings Reports

December 16, 2019 | Posted in Earnings Reports

While U.S.-based Titan Machinery reported a 2% uptick in ag equipment sales in its most recent reporting period, the third quarter wasn’t so kind to Canadian dealers Cervus Equipment and Rocky Mountain Dealerships.

On the Record

[Podcast] Deere Reports 3% Increase in Ag Sales in 4Q, Announces Voluntary Employee Buyout

December 6, 2019

In this episode we discuss Deere & Co.'s 4Q earnings, along with the company's recent announcement about voluntary employee buyouts. In the Technology Corner, Jack Zemlicka talks about one dealership's take on precision specialist training. Also in this episode, the latest earnings reports from Titan Machinery and Kubota, a comparison between European and North American farm equipment distribution and a look at regenerative agriculture trends.

Softer Int’l Business Impacts Titan Machinery’s 3Q20 Sales, But Ag Up 2%

November 26, 2019 | Posted in Earnings Reports

Titan Machinery, CNH Industrial’s largest retailer of farm and construction equipment, reported overall revenues in its third quarter of fiscal 2020 were flat vs. the same period of the prior year. Total revenue during the period was $361 million compared to $361 million in the third quarter of fiscal 2019.

Titan Machinery Acquires North Dakota Dealership

September 12, 2019 | Posted in Mergers & Acquisitions

After posting a solid first half of its fiscal year 2020, Titan Machinery resumed its acquisition efforts and announced on Sept. 11 that it is acquiring the Uglem-Ness Co. dealership in Northwood, N.D.

Czech Implement Manufacturer Bednar Expands to Meet Growth Expectations

August 23, 2019 | Posted in Equipment & Equipment Sales

A Czech manufacturer of cultivation and seeding implements is expanding its production facilities to increase capacity over the next 2 years by at least 30% from around 1,500 machines annually to meet growing demand in Europe and North America.

With Solid 1QFY20 Results and Reduced Debt Titan Machinery’s Set to Renew M&A Efforts

June 20, 2019 | Posted in Earnings Reports

Titan Machinery turned in a strong performance during the first quarter of its fiscal year 2020 ended April 30, 2019. In addition to higher top and bottom line results, Titan Machinery managers also highlighted the retirement of remaining senior convertible note principal balance on May 1, 2019, along with lower floorplan and other interest expense as reasons for the upbeat quarterly report.

Articles Tagged with ''Titan Machinery''

Titan Machinery Begins Reopening Dealership Showrooms

New Credit Agreement Will Lower Titan Machinery Borrowing Costs

Titan Machinery’s FY20 Revenues Rise 3.5%; Ag Up 3.1%

Titan Machinery Announces Acquisitions in Nebraska, Eastern Wyoming

Dealership Groups Produced Mixed Results in Latest Earnings Reports

[Podcast] Deere Reports 3% Increase in Ag Sales in 4Q, Announces Voluntary Employee Buyout

Softer Int’l Business Impacts Titan Machinery’s 3Q20 Sales, But Ag Up 2%

Titan Machinery Acquires North Dakota Dealership

Czech Implement Manufacturer Bednar Expands to Meet Growth Expectations

With Solid 1QFY20 Results and Reduced Debt Titan Machinery’s Set to Renew M&A Efforts

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