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AGCO Posts 4Q16 Net Sales Gain of 6.9%; Full Year Sales Slip 1%

February 7, 2017 | Posted in Data & Forecasts

AGCO reported net sales of approximately $2.1 billion for the fourth quarter of 2016, an increase of approximately 6.9%. North American equipment sales during the period were up 3%.

Briggs & Stratton Reports Fiscal 2017 Second Quarter Results

January 27, 2017 | Posted in Data & Forecasts

Second quarter net sales were $428 million, up $15 million or 3.6% compared to last year. The company expects the U.S. residential lawn and garden market to improve 1%- 4% including expected improvements in the housing market and seasonal spring weather in key markets.

Toro Reports Record Fiscal 2016 Results

December 13, 2016 | Posted in Manufacturer News

Professional segment net sales for fiscal 2016 were up 4.0% and residential segment net sales were down 7.8%.

Deere Reports Fourth Quarter Earnings

November 23, 2016 | Posted in Manufacturer News, Data & Forecasts

Global farm recession and weak construction-equipment markets lead to lower sales and earnings for fourth quarter and full year. Industry sales for agricultural equipment in the U.S. and Canada are forecast to be down 5-10% for 2017.

Briggs & Stratton Reports First Quarter Results

October 27, 2016 | Posted in Manufacturer News

First quarter net sales were $287 million, a decrease of $3 million compared to last year. The company expects that the U.S. residential lawn and garden market will improve by 1-4%.

Deere to Lay Off 115 in Waterloo, Iowa, 30 in Davenport

August 22, 2016 | Posted in Manufacturer News

Source: WCFcourier.com

The announcement came after company officials recently announced a 10th consecutive quarter of declining year-over-year earnings.

Toro Reports Record Third Quarter Earnings

August 19, 2016 | Posted in Data & Forecasts

Net earnings per share for the quarter were up 6.4% to a record $1.00. Professional segment net sales were up 1.4%. Residential segment net sales were down 4.6%.

Deere's Third Quarter Equipment Sales Fall 14%; Ag Sales Down 11%

August 19, 2016 | Posted in Data & Forecasts

However, industry sales of turf and utility equipment in the U.S. and Canada are expected to be flat to up 5% for 2016.

Briggs & Stratton Reports Fourth Quarter Results

August 18, 2016 | Posted in Manufacturer News

Fourth quarter net sales decreased 6.0% before currency impacts due to cooler than normal spring weather in North America and Europe.

Polaris Reports 2016 Second Quarter Results

July 21, 2016 | Posted in Manufacturer News

Off-road vehicle/snowmobile sales were down 6%, slightly better than expectations. Off-road vehicle dealer inventory was down 8%, year-over-year.

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