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Titan Machinery Reports 3QFY21 Ag Revenue Up 3.1%

November 24, 2020 | Posted in Earnings Reports

David Meyer, Titan Machinery's Chairman and chief executive officer, stated, "We exceeded our third quarter top-line expectations due to strong parts and service performance in our Agriculture segment and better than anticipated equipment sales in our Construction and International segments."

Titan Machinery Posts Better Than Expected Revenues in 2QFY21

September 14, 2020 | Posted in Earnings Reports

Second quarter fiscal year 2021 results for Titan Machinery surprised analysts as it reported revenue and margin gains that surpassed expectations.

RME Used Equipment Sales Jump 43% in 2Q20

August 15, 2020 | Posted in Earnings Reports

Rocky Mountain Dealerships (RME), Case IH’s largest Canadian dealership, posted a 10% uptick in overall sales during the second quarter of 2020. The gain was attributed to unusually strong sales of used equipment and solid product support revenues. Overall, RME’s second quarter results surpassed analysts’ expectations.

Rocky Mountain Dealerships Reports 1Q20 Sales Down 25%

April 29, 2020 | Posted in Earnings Reports

The dealer network reported total sales of $134 million dollars in the first quarter of 2020, down $44 million compared to $178 million reported in the first quarter of 2019, a decline of 25%.

Titan Machinery’s FY20 Revenues Rise 3.5%; Ag Up 3.1%

March 26, 2020 | Posted in Earnings Reports

Despite seeing a slowdown in the fourth quarter of its fiscal 2020 period, annual revenues were up 3.5% on strong aftermarket results, as parts sales rose 11.1% and service grew by 14.2%. Overall, equipment sales increased by about slightly under 1%.

High Plains Equipment Adds Third Store with Acquisition of Erickson Implement

November 7, 2019 | Posted in Mergers & Acquisitions

High Plains Equipment based in Devils Lake, N.D., has acquired Erickson Implement’s location in Carrington, N.D. Both are Case IH equipment dealerships.

Rocky Mountain Reports Record Sales Revenue, Up 9.6% for FY18

March 13, 2019 | Posted in Earnings Reports

Rocky Mountain Dealerships Inc., Canada's largest agriculture equipment dealer, reported its financial results for the 3 and 12 months ended Dec. 31, 2018.

Titan Machinery Posts 3Q Revenue Gains of 36%

December 1, 2011 | Posted in Earnings Reports

Driven by stronger-than-expected construction results and strong parts and service demand, Titan Machinery, the largest Case IH dealer in North America with 91 locations, easily surpassed analysts’ estimates in its fiscal third quarter of 2012.

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Deere Production Could be Down 10-15% Next Year

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.

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