Items Tagged with 'Titan'

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Titan Machinery 1Q FY18 Revenue Drops 7.3%

David Meyer, Titan Machinery's chairman and chief executive officer, stated, "Overall first quarter financial results were generally in line with our expectations. Due to the stabilizing agriculture equipment inventory environment and the progress we have made in reducing our equipment inventory."
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On The Record: Layoffs Help Keep Deere Operating Profits Up

In the latest newscast we look at what the latest Purdue Center for Commercial Agriculture Ag Economy Barometer reveals, how John Deere’s quarterly sales were down but operating profit was up, what’s driving autonomous equipment in ag, how the Hagie deal is helping one Iowa John Deere dealer and the latest earnings report from Titan Machinery.
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Ag Equipment Intelligence

Titan Machinery Cites Declining Customer Sentiment for Reducing Outlook

Despite posting hefty revenue gains through the second quarter and first half of its 2014 fiscal year, Titan Machinery cut its full-year outlook to $2.25-$2.45 billion from its earlier forecast of $2.35-$2.55 billion. Titan, whose biggest brand of ag and construction equipment is Case IH, has 109 locations in the U.S. and Eastern Europe.
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Taking Your Dealership Public

David Meyer, CEO & Chairman, Titan Machinery Co.
Titan Machinery Co. isn't the first dealership group to become a publicly owned company. Other dealer groups in the farm and construction equipment and trucking markets include Cervus, Rocky Mountain Equipment, H&E, Toromont, Finning and Rush Enterprises. But when it comes to being aggressive in its expansion, few can compare with Titan Machinery. Today, the dealership group operates a network of 105 dealerships, including 2 outlet stores, as well as 13 European dealerships in Romania, Bulgaria and Serbia.
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