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Articles Tagged with ''mig dobre''

Titan Machinery Lowers Fiscal Year 2025 Modeling Assumptions

August 15, 2024 | Posted in Dealers & Dealerships, Earnings Reports

Case IH dealership group Titan Machinery released preliminary 2Q results for fiscal 2025 on Aug. 14, ahead of the quarter close on Aug. 31. Revenue for the quarter is expected to be about $643 million.

2Q Growth in Consolidated & Ag Revenue for Titan Machinery; Company Maintains Ag FY Guidance

August 31, 2023

While consolidated revenue for 2QFY24 increased 29.4% year over year and Ag segment revenue grew 34.4%, the company maintained its FY24 guidance that the Ag segment would be up 20-25% year over year.

Lack of Inventory Hurts Ag Equipment Sales Growth

February 15, 2022 | Posted in Equipment & Equipment Sales

Growth moderated on a lack of available inventory and tougher comps, according to analysis of AEM sales data by Mig Dobre, senior research analyst with RW Baird.

Titan Machinery Highlights Improvements During Baird 2021 Industrial Conference

November 16, 2021 | Posted in Dealers & Dealerships

Titan's operational improvements ranged from inventory management, cost reductions, footprint consolidation to a growing parts & service business resulting in near record profitability on mid-cycle sales levels.

Ag Sales Remain Robust in May

June 15, 2021 | Posted in Data & Trends

Growth accelerated for large ag equipment sales in May, while small/mid inventories fell despite moderating sales growth in a seasonally strong month.

Ag Sales Pick Up Steam in September

October 15, 2020 | Posted in Equipment & Equipment Sales

September large ag equipment sales were up 9% in the U.S. and 11.9% in Canada, according to sales figures release by the Assn. of Equipment Manufacturers.

October WASDE Seen as Bullish for Ag Equipment Sales

October 15, 2020 | Posted in Commodities

A confluence of factors — from rising ag commodity exports to China, to lower crop production estimates and increasing demand for meat — are converging to paint a more optimistic picture for ag equipment sales than the industry has seen in recent years.

Large Ag Equipment Sales Mixed in August

September 14, 2020 | Posted in Equipment & Equipment Sales

U.S. large ag retail sales were down 3.7% year-over-year in August, while Canadian sales were up 8.3%, according to the latest numbers from the Assn. of Equipment Manufacturers.

Deere’s New Strategy Focuses on ‘Smart Tech’

July 15, 2020 | Posted in Ag Equipment Business

When Sam Allen retired as chairman and CEO of Deere & Co. earlier this year, John May was named his successor. Last month May revealed the company’s new operating model, which is dubbed its “Smart Industrial” strategy.

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.

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Claas Doubles Business in 5 Years, as Predicted

AGCO Pushes Dealer Purity, Cuts Production Amid Low Demand

Aftermarket Marks Bright Spot for Dealers in 2025 Forecast

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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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