Tag: Caterpillar sales

Dealers

Cat sales, revenues down 31% in Q2

Caterpillar has reported second-quarter 2020 sales and revenues of $10.0 billion, a 31 percent decrease compared with $14.4 billion in the second quarter of 2019. The company says the decline was due to lower sales volume driven by lower end-user demand and the impact from changes in dealer inventories. Dealers decreased machine and engine inventories […]

August 3, 2020

Dealers

Cat sales drop 8% in 4Q 2019; company expects difficulties to continue in 2020

Caterpillar saw sales and revenues drop 8 percent during the fourth quarter of fiscal year 2019 on lower demand from customers than the company expected. Though lead times on new machines have improved, falling dealer inventories are hurting the company’s bottom line and are expected to continue doing so into 2020. Fourth quarter sales fell […]

February 3, 2020

Dealers

Cat sales drop 6% in 3Q as global demand fails to meet expectations

It was a tough third quarter for Caterpillar as the company is reporting a 6-percent decrease in sales and revenues compared to the same quarter of 2018. In response, the company has lowered its outlook for the rest of 2019. Sales and revenues fell to $12.8 billion for the third quarter while profit per share […]

October 25, 2019

Construction Equipment

Cat sales jump 20% in 2018: Record profit per share, but stock dives

Despite the good news, Caterpillar also saw a 9% plummet in its stock on Monday, January 28, 2019. Get the latest news from Caterpillar on Equipment World.

February 3, 2019

Dealers

Cat Nov. dealer retail sales up 20% in North America

Retail sales reported by Caterpillar's North American dealers were up 20% in the month of November. Check out the latest retail numbers on Equipment World.

December 24, 2018

Dealers

North American Cat dealer retail sales up 21% in Oct.

North American Caterpillar dealer retail sales up 20% in October 2018, while North American construction industries saw an increase of 18%. Learn more here.

November 26, 2018

Dealers

Cat 3Q sales up 18%; tariffs and other costs spurring new price hikes

Caterpillar's Q3 sales numbers are up significantly. Get other heavy equipment industry news on how tariffs are impacting the heavy equipment market here.

October 23, 2018

Dealers

Cat North American dealers report 23% increase in Dec. sales

Total retail sales by Caterpillar North American dealers rose a whopping 23 percent in December compared to the prior year, nearly doubling a strong 12 percent increase in November. December is now the eighth straight month of total 2017 North American retail sales gains for Caterpillar dealers, starting with modest 1 to 4 percent gains […]

January 29, 2018

Construction Equipment

Caterpillar sales jump 18% in 2017 with 4Q surge

Caterpillar announced its fourth quarter and full-year 2017 sales Thursday, reporting a 35-percent increase in sales for the quarter and an 18-percent increase in sales for the year. Cat’s 4Q sales climbed from $9.6 billion a year ago to $12.9 billion in 2017. Despite the strong sales, the company still posted a loss per share […]

January 25, 2018

Dealers

Cat North American retail sales rise 12% in November

Total retail sales by Caterpillar dealers to end users rose 12 percent in North America in November, while construction industries machine sales rose by 14 percent. This represents the seventh straight month of total North American retail sales gains, an upward trend that was modest until October, when these sales shot up 7 percent from […]

December 15, 2017

Dealers

Caterpillar crushes estimates as Q3 sales jump 25%

With third-quarter sales and revenues soaring by 25 percent year-to-year and customer demand growing, Caterpillar on Tuesday boosted its robust 2017 profit outlook even higher. The company posted sales and revenues of $11.4 billion for third-quarter 2017, up nearly $2.3 billion from $9.2 billion for the same period last year. Operating profit increased by 228 […]

October 24, 2017

Dealers

Largest Cat dealer Finning Q2 revenue jumps 21%

Second quarter revenue for the largest Caterpillar distributor Finning International jumped 21 percent to $1.58 billion, compared to the same period last year, driven by a 46-percent increase in new equipment sales on a consolidated basis. The company also cites product support revenue growth of 13 percent, indicating all operations reported higher parts demand. “Our […]

August 15, 2017