Art’s Way Manufacturing Co., a diversified, international manufacturer and distributor of equipment serving agricultural, research and steel cutting needs, has announced its financial results for the first quarter of fiscal 2023.
In its earnings report for its second quarter earnings of 2022, Kubota reported $9.5 billion in revenue, up 14.4% from $8.3 billion earned in the first half of last year.
Consolidated net sales totaled $24,965,000 for the 2021 fiscal year, which represents a 11.4% increase from consolidated net sales of $22,409,000 for the 2020 fiscal year.
Alamo Group's net sales for the third quarter of 2021 were $338.3 million compared to net sales of $291.8 million in the third quarter of 2020, an increase of 16%.
Valmont reported record third quarter net sales of $868.8 million, an increase of 18.4%, with growth in all segments led by significantly higher Irrigation sales
Revenue for the quarter was $79.2 million, up $2.6 million from the prior year third quarter, representing an 3% increase over the prior year and continuing the sales growth seen in the first two quarters.
Alamo Group's net sales for the second quarter of 2021 were $347.6 million compared to net sales of $268.6 million in the second quarter of 2020, an increase of 29%.
John Deere reported net income of $1.8 billion for its second quarter ended May 2, 2021, compared with net income of $666 million for the same quarter last year. For the first 6 months of the year, net income attributable to Deere was $3 billion, up from $1.2 billion for the same period last year.
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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.