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Titan Continues to Reduce Used Inventory

September 1, 2017 | Posted in Data & Trends, Earnings Reports
“We’ve done a good job of maintaining our discipline regarding our inventory levels, which has been our main focus,” said David Meyer, chairman and CEO of Titan Machinery, during a conference call with analysts following release of the company’s second quarter fiscal 2018 earnings.
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Potential Turn Up in Sales Next Year?

September 1, 2017 | Posted in Data & Trends
According to the latest sales figures coming from the Assn. of Equipment Manufacturers, large ag equipment sales grew year-over-year in August on significant growth from Canada and narrower declines in the U.S.
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Big Ag Sales Still Sluggish in July

August 1, 2017 | Posted in Data & Trends
Sales of large ag equipment continue to struggle to gain significant upward momentum. The Assn. of Equipment Manufacturers reports that North American sales of high horsepower, 4WD tractors and combines were down 16% year-over-year in July, which follows decreases of 14% in June and 12% in April.
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Large Ag Equipment Sales Drop Again

July 1, 2017 | Posted in Data & Trends
North American large ag equipment sales were down in June as Canadian year-over-year sales were negative, according to the latest numbers released by the Assn. of Equipment Manufacturers. U.S. sales declines narrowed to –11% in June compared to –16% in May.
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