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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.

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Dairy Segment Provides Bright Spot in Current Ag Market

Deere Confident on ‘Producing to Demand’ in Fiscal Year 2025

Art’s Way Reports 3Q Ag Sales Drop 46%, Parts Ways with CEO

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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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