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Tag: Deere sales
Construction Equipment
More layoffs hit John Deere, this time at Dubuque plant
Following a December announcement of 57 layoffs at its Davenport, Iowa, plant, John Deere says it will cut another 105 workers at its Dubuque Works plant in Dubuque, Iowa. According to a report from the Quad City Times, Deere has notified the workers of an “indefinite layoff.” The layoffs will take effect April 6. Deere […]
February 10, 2020
Dealers
Deere 1Q equipment sales up 16%, led by strong construction and forestry growth
John Deere recently posted a 16% increase in first quarter heavy equipment sales. Check out the details of John Deere's first quarter report on Equipment World.
March 4, 2019
Dealers
Deere’s huge 4Q caps 26% sales jump for FY2018; high machine demand expected to continue
Deere & Company has posted a 26% jump in net sales and revenues for 2018 and predicts high equipment demand and backlogs to continue into 2019. Learn more here.
December 3, 2018
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 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
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