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Articles Tagged with ''equipment sales''

Deere Reports Higher Retail Sales, Lower Inventories Than Industry

December 13, 2018 | Posted in Equipment & Equipment Sales

Deere’s sales of compact tractors (less than 40 horsepower) were better than the industry, which recorded an increase of 4% over a rolling 3 month period in November.

2019 Annual Tractor & Combine Retail Sales Forecast

By Charlie Glass posted on November 19, 2018

Our models consist of historic data models that track net farm income, net farm cash income, commodity prices, currency exchange rates, worldwide agricultural market data and other factors that influence the purchase of tractors and combines in the U.S.

Titan Machinery’s 4Q18 Sees Top and Bottom Line Growth

April 1, 2018 | Posted in Data & Trends, Equipment & Equipment Sales, Mergers & Acquisitions

Titan Machinery, one of North America’s largest equipment dealership groups, posted its first strong earnings report since sales of farm machinery turned down in 2014. Fourth quarter revenue topped $339 million, up 7% year-over-year.

How Valley Truck & Tractor Achieved 106% Absorption Rate

August 9, 2017 | Posted in Equipment & Equipment Sales

Location can make all the difference when it comes to a successful dealership, and Valley Truck and Tractor is no exception. John Miller, chief executive officer, explains how working in California has allowed the company to attain an impressive 106% absorption rate with their equipment, parts and service.

Rocky Mountain Posts 2% Sales Gain in 2Q17

August 1, 2017 | Posted in Earnings Reports

Rocky Mountain Dealerships, the largest Canadian Case IH dealer group, reported its second quarter 2017 total sales increased $4.6 million, or 2%, to $237.2 million compared with the same period in 2016 due to a $4.5 million increase in equipment sales.

Cervus Reports Record 2Q17 Revenues

August 1, 2017 | Posted in Earnings Reports

Cervus Equipment Corp., John Deere’s largest Canadian dealer of farm machinery (33 locations in 3 countries) announced its financial results for the second quarter 2017, which ended June 30, 2017.

Equipment Sales Remain Sluggish, But Dealers See Positive Signs

June 2, 2017 | Posted in Data & Trends, Equipment & Equipment Sales

North American farm machinery dealers continue to report listless but stable sales trends. Through the first quarter of 2017, dealers say equipment sales were still in negative territory year-over-year, but improved compared to the last quarter of 2016.

Landscapers Expect Revenue Growth in 2017; to Increase Equipment Spending

April 1, 2017 | Posted in Data & Trends

Landscape contractors, one of the prime market segments for rural lifestyle and outdoor power equipment dealers, continue to show strong growth potential in 2017.

2016 Crop Acres Would Have Been Lower Except for CRP Cap

June 1, 2016 | Posted in Equipment & Equipment Sales, Mergers & Acquisitions

If U.S. farmers had their druthers this year, considering the low level of commodity prices over the past 3 years, a lot more acres would have gone into USDA’s Conservation Reserve Program (CRP) and not into production.

Despite Sagging Sales, Deere Turns a Profit for FY15; Expects Same in 2016

December 1, 2015 | Posted in Data & Trends, Earnings Reports

Deere & Co. managed to pull a rabbit out of a hat by posting $351 million in earnings for its fourth quarter of the current fiscal year and $2.177 billion for the full year, compared with $910 million and $4.297 billion in 2014.

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Dealers Expect Parts & Service Growth in 2025, Declines in Equipment Sales

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.

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