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Titan Machinery Reports 1Q22 Ag Revenues Up 18.6%

May 27, 2021

David Meyer, Titan Machinery's chairman and chief executive officer, stated, "The fiscal first quarter exceeded our expectations on all fronts with impressive operating leverage that showcases the earnings power of our efficient dealership network."

Titan Machinery 2Q Ag Revenues Up 2%, 1H Ag Sales Rise 13.5%

August 27, 2020 | Posted in Earnings Reports

Titan Machinery, Case IH’s largest dealer of farm equipment, reported consolidated revenues slipped 3.7% for the period ended July 31, 2020, but year-over-year sales from its agriculture segment increased by 2% for the quarter.

RDO Equipment Opens New Location in Dayton, Minn.

June 17, 2020 | Posted in Mergers & Acquisitions

RDO Equipment Co.’s new, full-service store in Dayton is now open. The Dayton store is the result of an integration between two previously separate stores in the area and is designed to better meet the equipment and technology needs of customers in the north metro area.

Titan Machinery Posts Big 1QFY21 Revenue Gains; Total Revenue Up 11.5%, Ag Rises 26%

May 28, 2020 | Posted in Earnings Reports

Titan Machinery Inc. (Nasdaq: TITN) reported financial results for the fiscal first quarter ended April 30, 2020, which included first quarter revenues of $310.2 million compared to $278.3 million in the same period a year earlier.

S&H Opens 5th Location in Branson, Mo.

March 11, 2020 | Posted in Mergers & Acquisitions

Source: Branson Tri Lakes News

According to a report from Branson Tri Lakes News, S&H Farm Supply has announced the opening of their 5th location in Branson, Mo. The location's general manager, Scott Crowder, says the location will specialize in small tractors and implements and won't carry larger equipment, such as hay rakes.

With Acquisition of Maus Implement, Greenway Expands to 31 Dealer Locations

October 9, 2019 | Posted in Mergers & Acquisitions

Greenway Equipment has acquired three dealership locations in Arkansas from Maus Implement. This brings Greenway’s store count to 31. The John Deere dealership group added locations in Morrilton, Russellville and Damascus, according to a published report in Arkansas Business.

With Solid 1QFY20 Results and Reduced Debt Titan Machinery’s Set to Renew M&A Efforts

June 20, 2019 | Posted in Earnings Reports

Titan Machinery turned in a strong performance during the first quarter of its fiscal year 2020 ended April 30, 2019. In addition to higher top and bottom line results, Titan Machinery managers also highlighted the retirement of remaining senior convertible note principal balance on May 1, 2019, along with lower floorplan and other interest expense as reasons for the upbeat quarterly report.

New Cervus Equipment CEO Identifies Challenges, Initial Steps She Will Take in Tackling Her New Job

April 25, 2019 | Posted in Ag Equipment People

On May 15, Angela Lekatsas will assume her new role as president and CEO of Cervus Equipment. She is replacing Graham Drake, who is a co-founder of Cervus, which is one of only three farm equipment dealership groups in the U.S. and Canada that is publicly held.

Titan Machinery’s FY19 Revenues Rise 5.8%; Ag Segment Up 5.4%

March 27, 2019 | Posted in Earnings Reports

Titan Machinery reported consolidated revenues of $1.3 billion for its fiscal year ended Jan. 31, 2019.

MirTech Harvest Opens New Location in Mississippi

February 26, 2019 | Posted in Dealers & Dealerships

MirTech Harvest Center, the dealership group representing Claas in the Western Delta region of the U.S., has opened a new store in Boyle, Miss., its fourth location since signing on to represent Claas in the region in 2016.

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AGCO Aims for $2 Billion in Precision Ag Business by 2029

In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at AGCO’s plans for its precision business and its 2029 targets. In the Technology Corner, Noah Newman talks with Eis Implement’s precision team. Also in this episode, the interest savings dealers could see with the latest rate cut by the Fed and a look at the used 100+ horsepower tractor market.

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