Deere Profits Jump 50% to Record $1.21B
"We believe Deere is well-positioned to capitalize on further growth in the world's agricultural and construction equipment markets," CEO Samuel Allen says.
Deere Posts 5th Best Year for Sales, Earnings
After some lean years for agricultural machinery sales, farmers are “buying equipment again to replenish aging fleet."
Deere Shares Drop on Equipment Sales Miss
The company continues to be optimistic about market conditions, predicting equipment sales will increase 10% this year.
Deere Beats Estimates With $802M Profit in Q2
The company sees "signs of further stabilization" in market conditions as it reports its first sales increase in 13 quarters.