Titan Machinery Reports Revenue Up 11%, Inventories Down 30% in FY21

March 18, 2021 | Posted in Earnings Reports

Revenue increased 8.1% to $1.4 billion for fiscal 2021. Net income for fiscal 2021 was $19.4 million compared to $14 million for the prior year.

Deere Reports Higher Retail Sales, Lower Inventories Than Industry

December 13, 2018 | Posted in Equipment & Equipment Sales

Deere’s sales of compact tractors (less than 40 horsepower) were better than the industry, which recorded an increase of 4% over a rolling 3 month period in November.

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.

Analysts See ‘Bright Spots’ in Titan Machinery’s 1QFY17 Results

June 1, 2016 | Posted in Earnings Reports

While Titan Machinery continues to battle agricultural headwinds of lower commodity prices and excessive equipment inventories, analysts covering Case IH’s largest farm equipment dealer group agree that the company is making progress in its efforts to get back to profitability.

Titan Machinery 4Q, Full-Year Financials Show Strong Cash Generation, Balance Sheet Strength

April 16, 2015 | Posted in Earnings Reports

Following the release and conference call with analysts, Ag Equipment Intelligence interviewed David Meyer, Titan's chairman and CEO, and Mark Kalvoda, the company's CFO, to discuss the progress that the 108-location dealership group has made.

Current Issue

Ag Equipment Intelligence

Each monthly issue of Ag Equipment Intelligence is like getting one-on-one personal advice from the world's most trusted ag equipment industry experts. Advice that hasn't been watered down or distorted by outside influence, providing the latest and most insightful farm equipment analysis. AEI explores where the ag equipment industry is going — not just where it's been. No filler. No bias. No conflict of interest. You can access the PDF issue archive by clicking here.

Videos

I am interior.sidebar.ad.5 EC area

Items Tagged with 'equipment inventory'

ARTICLES

Titan Machinery Reports Revenue Up 11%, Inventories Down 30% in FY21

Deere Reports Higher Retail Sales, Lower Inventories Than Industry

Titan Continues to Reduce Used Inventory

Analysts See ‘Bright Spots’ in Titan Machinery’s 1QFY17 Results

Titan Machinery 4Q, Full-Year Financials Show Strong Cash Generation, Balance Sheet Strength

Get all things Ag Equipment Intelligence all the time!

Top Articles

Current Issue

Ag Equipment Intelligence

Claas Doubles Business in 5 Years, as Predicted

AGCO Pushes Dealer Purity, Cuts Production Amid Low Demand

Aftermarket Marks Bright Spot for Dealers in 2025 Forecast

Must Read Free Eguides

Videos

Dealers Expect Parts & Service Growth in 2025, Declines in Equipment Sales