Deere and Company reports fiscal 2025 first quarter net income of $869 million, down from $1.75 billion in 2024. Sales fell 30 percent to $8.5 billion. Deere says it expects 2025 sales at its production and precision agricultural division to fall 15 to 20 percent in fiscal 2025. Operating profit for the quarter was down 68 percent to $338 million.
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