Consolidated net sales for the third quarter of fiscal 2021 were $96.6 million, down 3.9% vs. the third quarter of fiscal 2020. Applied Technology and Aerostar achieved significant year-over-year growth, but this was offset by a decline in Engineered Films.
Widespread availability of fully autonomous vehicles in agriculture is probably several years away. But in recent years, companies have publicly showcased self-driving innovations, advancing development to the cusp of commercial production.
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In this episode of On the Record, brought to you by Associated Equipment Distributors, Deere Director of Investor Relations Josh Beal told JP Morgan analysts that the OEM is confident it will be “producing to demand” in fiscal year 2025.