Summary
Deere & Company announced on June 5, 2001, its intention to begin releasing monthly commentary on its retail sales, starting with May 2001 sales. This new disclosure practice will provide investors with more timely insights into the company's sales performance across its farm machinery, construction equipment, and commercial and consumer equipment segments. The commentary will be posted on Deere's investor relations website following the monthly announcement of industry sales by the Equipment Manufacturers Institute (EMI), typically around the tenth day of each month. This initiative is part of Deere's efforts to enhance transparency and provide regular updates on key business drivers, enabling investors to better assess the company's operational trends.
Key Highlights
- 1Deere & Company plans to issue monthly commentary on retail sales.
- 2The first commentary will cover May 2001 retail sales.
- 3Commentary will be released after the Equipment Manufacturers Institute (EMI) industry sales report.
- 4Information will cover farm machinery, construction equipment, and commercial and consumer equipment retail sales.
- 5Deere's commentary will be accessible on the company's website (www.deere.com).
- 6This represents a new initiative to provide more frequent sales updates to investors.