Rocky mountain dealership - Articles

Considering Current Ag Conditions, Canadian Dealers RME, CVL Post Decent 1Q16 Earnings

May 1, 2016 | Posted in Earnings Reports

Both of Canada’s two publicly held farm equipment dealership groups posted their earnings since the beginning of the month: Rocky Mountain Dealerships (RME) on May 2 and Cervus Equipment (CVL) on May 11.

On The Record

Titan 'Rips the Band-Aid Off' with Inventory Reduction

March 24, 2016

In the latest episode we look at the fourth quarter and year-end financial results for Titan Machinery, Rocky Mountain Dealerships and Cervus Equipment and the moves they've made with reducing used equipment inventories, the creation of the Agricultural Data Coalition and more on how dealers are viewing both their new and used equipment inventories.

Canadian Dealers Report Solid 3Q Results

November 23, 2015 | Posted in Earnings Reports

Canada’s two publicly traded dealerships, Cervus Equipment and Rocky Mountain Dealerships, posted strong earnings reports earlier this month, especially considering the sluggish sales many farm equipment dealers have experienced during the past year.

Rocky Mountain Making Progress in Its Turnaround

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

For its third quarter, Rocky Mountain Dealerships (RME) reported total revenues were up by 10.9% to $256 million from $230.8 million a year ago. While new equipment sales were off by 2% vs. the same period last year, used equipment sales were up by 23%. Inventory decreased by $51.3 million or 9.5% to $489.7 million.

Dealers Cervus & Rocky Mountain Post Mixed 2Q Results

August 1, 2015 | Posted in Earnings Reports

Western Canada’s two publicly held farm equipment dealerships, Rocky Mountain Dealerships and Cervus Equipment Corp., reported second-quarter earnings one day apart, and results for both reflect the ongoing sluggishness of farm machinery sales throughout North America.

Used Equipment Sales in U.S. Helps Rocky Mountain Increase 1Q Sales Revenues

May 1, 2015 | Posted in Data & Trends, Equipment & Equipment Sales

Moderate weather, stable commodity prices and an increase in grain deliveries added up to higher first-quarter revenues for the Calgary, Alberta-based Rocky Mountain Dealerships.

Rocky Mountain Dealerships Posts 1% 4Q14 Sales Gain; Down 4% for Year

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

Rocky Mountain Dealerships reported its fourth quarter sales were up 1% compared to the same period a year earlier, but full-year 2014 sales slipped 4% compared with 2013. Case IH’s largest dealer group in Canada, with 40 locations, released its earnings on March 10.

On the Record

Amazone, New Holland Claim World Records

November 21, 2014 | Posted in Technology

In today’s newscast Michael Boehlje, distinguished professor of agricultural economics at Purdue Univerity, shares his insights on how long the downturn could last, we look at some new world records in ag productivity, plus we take a closer look at third quarter earnings for several companies, including precision equipment manufacturer Raven Industries, as well as Rocky Mountain Dealerships and Cervus Equipment Corp.’s third quarter earnings.

Rocky Mountain 3Q Revenues Decline 15%

November 1, 2014 | Posted in Earnings Reports, Equipment & Equipment Sales

Rocky Mountain Dealerships reported third quarter results on November 12. The company’s total revenues fell by 15.3% to $230.8 million.

Weak Gross Margins Hit Rocky Mountain’s 4Q Revenues

March 1, 2014 | Posted in Data & Trends, Earnings Reports

While Rocky Mountain Dealerships posted a 4% gain in overall sales for 2013, its fourth quarter numbers took a hit as the dealer group focused on reducing equipment inventories and its construction equipment segment continued to falter.

Articles Tagged with ''Rocky Mountain Dealership''

Considering Current Ag Conditions, Canadian Dealers RME, CVL Post Decent 1Q16 Earnings

Titan 'Rips the Band-Aid Off' with Inventory Reduction

Canadian Dealers Report Solid 3Q Results

Rocky Mountain Making Progress in Its Turnaround

Dealers Cervus & Rocky Mountain Post Mixed 2Q Results

Used Equipment Sales in U.S. Helps Rocky Mountain Increase 1Q Sales Revenues

Rocky Mountain Dealerships Posts 1% 4Q14 Sales Gain; Down 4% for Year

Amazone, New Holland Claim World Records

Rocky Mountain 3Q Revenues Decline 15%

Weak Gross Margins Hit Rocky Mountain’s 4Q Revenues

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