Items Tagged with 'RW Baird'

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Kanicki
From the Desk of Dave Kanicki

What's Happening with New Equipment Inventories?

Almost since the sales of farm machinery began its slide in late 2013 and early 2014, used ag equipment headlines have dominated the industry’s headlines. And rightfully so. Many of the best dealers in North America have said it, “The one thing that will destroy a dealer’s business faster than anything else is an uncontrolled inventory of used equipment.”
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Analysis & Business Conditions Update

Declining Growth Rate of U.S. Farm Assets Will Impact Lending in 2015

U.S. farm sector assets and equity (inflation-adjusted) are forecast to decline in 2015 for the first time since 2009. The rate of growth in U.S. farm sector assets and equity (assets minus debt) is expected to moderate in 2015 compared with recent years, and to decline for the first time since 2009 after adjusting for inflation.
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Dealer Business Outlook and Trends: Dealers Brace for Sales Slowdown in 2015

For only the second time in 10 years more dealers anticipate lower sales in the year ahead than expect an increase.

Half of the slightly more than 300 North American farm equipment dealers responding to Farm Equipment’s “2015 Dealer Business Outlook & Trends” survey expect sales revenues to decline in the year ahead compared with the year passed.


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Titan Machinery Warns of Missed Revenue Targets in F1Q14

In an early look at its first quarter of fiscal 2014 earnings, Titan Machinery advised investors that it would fall short of its revenue estimates for the period. The company said the first-quarter miss was primarily a timing issue. The company will issue its full earnings report on June 6.
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