Says actively working to mitigate impacts. Says expects FY25 U.S. and Canada Large AG industry sales down 30%. Sees U.S. and Canada small AG and Turf down 10%-15%. Sees Europe AG down 5%, South America AG flat, Asia AG flat. Sees FY25 U.S. and Canada construction equipment industry sales down 10%, U.S. and Canada compact construction equipment down 5%. Says global forestry markets are expected to be flat to down 5%.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DE:
- Deere says prepared to invest $20B in the U.S. over the next decade
- Early notable gainers among liquid option names on May 15th
- Morning Movers: Deere gains and Alibaba falls after quarterly results
- Deere sees FY25 Production and Precision Ag net sales down 15%-20%
- Options Volatility and Implied Earnings Moves Today, May 15, 2025