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Tag: John Deere sales
Construction Equipment
Deere 1Q sales decrease 4%, construction and forestry sales decrease 10%
Deere & Company says net sales and revenues decreased 4 percent in its first quarter (ending Feb. 2) compared with the same period the year before. One culprit for the decrease: slowing activity in the company’s Construction & Forestry division. Net sales for the Construction & Forestry division decreased by 10 percent, with the 1Q […]
March 3, 2020
Dealers
Deere sales jump 32% in 3Q as customers update aging equipment fleets
Get the scoop about Deere & Company's 32% increase in global net sales and revenues during the 3rd quarter of 2018 on Equipment World.
August 20, 2018
Construction Equipment
Deere sales up 23% in Q1 with 57% jump in construction equipment; tax reform has early negative impact
Due to the passing of December’s U.S. tax reform bill, John Deere reports that it posted a loss of $535.1 million during its first quarter, which ended January 28. Without changes brought on by the tax reform bill, Deere says the quarter would have brought income of $430 million on sales $6.9 billion. However, Deere […]
March 5, 2018
Dealers
John Deere Q2 profit spikes 62%, sales and revenue up 5%
Deere & Company’s net income grew 62 percent in the second quarter of its fiscal year 2017, which ended April 30. Net income rose to $820.4 million compared to the $495.4 million in the same period last year. Net income for the first six months of the year reached $996.2 million, compared to $749.8 million […]
May 25, 2017
Business
John Deere profits fall 40% in 2015; will cut 220 workers in Moline as low equipment demand is expected to continue
With decreased demand for both agriculture and construction equipment impacting the company, John Deere saw massive decreases in both profit and sales in fiscal year 2015. Deere sales fell 20 percent during the fiscal year, which ended Oct. 31, to $29 billion. Profit fell 40 percent to $1.940 billion, beating the company’s forecast which it dropped to $1.8 […]
December 1, 2015
Business
John Deere 1Q profit plummets 43% as ag slowdown continues; further declines expected
In recent years, as the effects of the recession were hammering the construction industry and the profit margins of heavy equipment manufacturers, John Deere posted 15 straight quarters of record earnings on the strength of its farm equipment sales. And now, as construction is fighting its way back, a global slowdown in the agricultural sector […]
February 22, 2015
Business
John Deere profit drops 10% in 2Q, sales and revenues fall 9%
Snapping a streak of 15 consecutive quarters with record earnings, John Deere announced Wednesday declines in both profit and revenues during the second quarter. As a result, the company revised its sales forecast for the rest of the fiscal year downward. The company announced profit of $980.7 million, or $2.65 per share, for the second […]
May 14, 2014
Business
John Deere Q4 and fiscal-year profits again increase to record highs
For the third straight year and the 14th-straight quarter, John Deere has announced record earnings. And, based on the recovering economy and housing market, the manufacturer sees things pickup up for its construction equipment business in 2014. The heavy equipment manufacturer announced Wednesday that profit for the fourth quarter of the year was up 17 […]
November 20, 2013
Roadbuilding
Donaldson Co. names new engine aftermarket sales director
Donaldson Co. has promoted Dan Memmen to national sales director of its Engine Aftermarket Group. In this role, Memmen will lead the sales strategy and execution for Donaldson Engine Aftermarket distribution and private label sales activity in the U.S. and Canada. Memmen began his career at Donaldson in 2007 as director of John Deere sales […]
July 29, 2010
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