Deere & Co.

-8.12 (-1.83%)
7:58:57 PM EDT: $434.30 -0.51 (-0.12%)
Business Deals, Other Pre-Announcement

Deere Says Order Books For Farm Equipment Are Full Through Q3 Of Fiscal Year 2023

Published: 11/23/2022 16:11 GMT
Deere & Co. (DE) - Deere Says Co Made Progress on Clearing Partially Completed Machines From Inventory.
Deere Says Order Books for Farm Equipment Are Full Through the Third Quarter of Fiscal Year 2023.
Deere Says Demand Remains "strong" in the Americas While Demand in Europe is "softening".
Deere Expects Fiscal Year '23 Net Sales to Be Flat to Up 5%, Says Guide Implies a Slight Volume Decrease Due to Softening in Certain Product Segments.
Deere Exec Says Dealer Inventory Replenishment Will Likely Be Pushed to 2024.
Deere CEO John May Says He's "confident" the Company Will Be Able to Produce More Large Ag Equipment in 2023 Than in 2022.
Deere CEO Says Order Books for Construction and Forestry Equipment is Close to 70% Full.
Deere CFO Joshua Jepsen Says the Company Expects Labor and Energy Costs to Increase.
Deere Exec Says Combines Are Sold Out for Fiscal Year 2023.
Further Company Coverage: Den ((reuters.