Articles tagged under: Deere and Company
Deere and Company Reports Q1 Earnings
Published February 22, 2020
Deere and Company has first quarter earnings of $517 million on first quarter revenue of $6.53 billion. Deere’s net income rose four percent on a six percent decline in net sales. Worldwide net sales and revenue are down four percent.…DeMay Retires
Published January 28, 2020
Mark DeMay, who was a product support representative for Deere and Company, has retired after 46 years on the job. DeMay worked with John Deere dealers and customers throughout the Red River Valley.True North Equipment Announces Change to Team Structure
Published January 21, 2020
Dan Gorder is now the chairman of the board and John Oncken is chief executive officer for True North Equipment. for the company. Gorder and Oncken are long-time partners in the business. True North Equipment has eight John Deere locations…Deere and Company Reports a Decline in 4Q Earnings
Published November 27, 2019
Deere and Company is reporting fiscal year 2019 fourth quarter earnings of $722 million on gross income of $9.9 billion. That's down eight percent from the fourth quarter of 2018. Fiscal year 2019 full year net income is reported at…New Deere Tractor to be Available in December
Published October 29, 2019
John Deere has introduced its new 8RX tractor for 2020. This is a four-track, fixed frame tractor is designed to have the turning characteristics of wheeled tractors the pulling performance of tracks.May is New Deere CEO
Published August 30, 2019
John May will step into the role of CEO at Deere and Company starting November 4. May, who has been with Deere since 1997, will replace the current CEO Samuel Allen. Allen will continue to serve as chairman.Deere 3Q Profits Down From Last Year
Published August 19, 2019
Deere reports third quarter net income of $899 million. That compares to $910 million in the same quarter last year. With the release of the financials, Deere CEO and Chairman Samuel Allen said the trade war and the subsequent decline…Updates Announced for S700 Series Combine
Published May 29, 2019
John Deere has announced updates for the S700 series combines for 2020. Combine Advisor and HarvestSmart have been updated to improve automation. Data management and residue placement will also be enhanced.Deere Reports Lower Outlook for the Year
Published May 17, 2019
Deere and Company earned $1.13 billion in the quarter ending April 28, down from $2.21 billion is the same period last year. Delayed planting and the U.S. China trade war are causing caution in the sector. The company reported a…