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Net Income of $903 Million Reported in Deere’s First Quarter

February 18, 2022 | Posted in Earnings Reports

Deere & Company reported net income of $903 million for the first quarter ended Jan. 30, 2022, or $2.92 per share, compared with net income of $1.224 billion, or $3.87 per share, for the quarter ended Jan. 31, 2021.

Titan International Reports 2Q 2021 Net Sales Up 53%

July 29, 2021 | Posted in Earnings Reports

Titan International reported its 2021 second quarter net sales were $438.6 million, a $152.5 million (53.3%) year-over-year increase, the highest quarterly sales since 2014.

Raven Posts Revenue Decline of 13%; Applied Tech/Ag Net Sales Up 30%

August 28, 2020 | Posted in Earnings Reports

Raven Industries reported consolidated net sales of $85.2 million, down 13.1% during the second quarter of its fiscal year ended July 31, 2020. Growth in Applied Technology and Aerostar was more than offset by a decline in Engineered Films.

AGI Expects Solid 2H20 with Bumper International Crop Production

August 17, 2020 | Posted in Earnings Reports

Despite a falloff in Canadian sales, U.S. and International markets helped bolster Ag Growth International’s (AGI) results during the second quarter 2020.

AGCO 2Q20 Net Sales Fall 17%

July 30, 2020 | Posted in Earnings Reports

AGCO posted net sales of about $2 billion during the second quarter of 2020, down approximately 17.2% vs. the same period a year earlier. Net sales for the second quarter were approximately $2 billion, a decrease of approximately 17.2% compared to the second quarter of 2019.

Art’s Way’s Ag Equipment Sales Decline 15.6% in 2Q20

July 10, 2020 | Posted in Earnings Reports

On July 9, Art’s Way Mfg. reported consolidated sales for the 3 months and 6 months ended May 31, 2020 were $5,446,000 and $10,472,000, respectively, compared to $5,747,000 and $9,871,000 during the same respective periods in fiscal 2019.

Rocky Mountain Dealerships’ 4Q19 and Full Year Sales Fall 26%

March 11, 2020 | Posted in Earnings Reports

Rocky Mountain Dealerships (RME) reported on March 11 that its fourth quarter 2019 sales declined 26%, which was just slightly better than full year results that saw sales drop by 26.3%.

Deere’s 1QFY20 Net Sales Drop, But Net Income Improves

February 21, 2020 | Posted in Earnings Reports

Deere & Co. reported that its worldwide net sales and revenues decreased 4% in the first quarter of 2020, ended Feb. 2, to $7.63 billion. Net sales of the company’s equipment operations were $6.53 billion for the quarter, compared with $6.94 billion in 2019; a decline of 6%. At the same time, Deere’s net income for the quarter was up 4% to $517 million vs. $498 for the same period in 2019.

AGCO’s 3Q19 Net Sales Dip 4.8%; Full Year Sales Forecast to Decline ‘Modestly’

October 29, 2019 | Posted in Earnings Reports

AGCO (NYSE: AGCO) reported net sales of approximately $2.1 billion for the third quarter of 2019, a decrease of approximately 4.8% compared to the third quarter of 2018. Excluding unfavorable currency translation impacts of approximately 3.1%, net sales in the third quarter of 2019 decreased approximately 1.7% compared to the third quarter of 2018.

Manitou Posts 4% Sales Gain in 3Q19, Up 18% for 9 Months

October 22, 2019 | Posted in Earnings Reports

Manitou, manufacturer of equipment for construction, agriculture and other industries reported a 4% increase in sales during the third quarter of 2019 and 18% from the first 9 months of the year. Besides Manitou equipment, the company is also known for its Gehl and Mustang branded equipment.

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