Deere & Company reported net income of $903 million for the first quarter ended Jan. 30, 2022, or $2.92 per share, compared with net income of $1.224 billion, or $3.87 per share, for the quarter ended Jan. 31, 2021.
Raven Industries reported consolidated net sales of $85.2 million, down 13.1% during the second quarter of its fiscal year ended July 31, 2020. Growth in Applied Technology and Aerostar was more than offset by a decline in Engineered Films.
AGCO posted net sales of about $2 billion during the second quarter of 2020, down approximately 17.2% vs. the same period a year earlier. Net sales for the second quarter were approximately $2 billion, a decrease of approximately 17.2% compared to the second quarter of 2019.
On July 9, Art’s Way Mfg. reported consolidated sales for the 3 months and 6 months ended May 31, 2020 were $5,446,000 and $10,472,000, respectively, compared to $5,747,000 and $9,871,000 during the same respective periods in fiscal 2019.
Deere & Co. reported that its worldwide net sales and revenues decreased 4% in the first quarter of 2020, ended Feb. 2, to $7.63 billion. Net sales of the company’s equipment operations were $6.53 billion for the quarter, compared with $6.94 billion in 2019; a decline of 6%.
Titan Machinery, CNH Industrial’s largest ag equipment dealership group, reported a 6% gain in consolidated revenues for its second quarter of fiscal year 2020 ended July 31, 2019. The company also raised its outlook for fiscal 2020.
Rocky Mountain Dealerships Inc. reported its financial results for the 3 and 9 months ended Sept. 30, 2018, marking a 2.3% dip in sales. RME also announced that it has commenced an initiative to sell late-model used equipment to farmers based in the U.S. via an outlet store in Kansas.
Announced at the 2022 Farm Progress Show Martin Industries has attained exclusive distribution of Thrash Master Concaves. Having personal experience with the concaves, Martin Industries President Steve Martin explains the benefits inherent to the Thrash Master and how they can improve grain sample quality, speeds and reduce corn cracking.
Built on 90 years of expertise, Yetter Farm Equipment leads the agriculture industry in designing effective and innovative equipment for residue management, seedbed preparation, precision fertilizer placement, harvest attachments, strip-tillage, and more.
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