Summary
This 8-K filing from Deere & Company, dated July 5, 2001, announces a new disclosure practice: the company will begin releasing monthly commentary on its retail sales. This commentary will be posted on the Deere website following the Equipment Manufacturers Institute's (EMI) monthly industry sales announcement, typically around the tenth day of each month. This initiative represents a proactive step by Deere to provide investors with more timely and direct insights into the company's sales performance across its key segments, including farm machinery, construction equipment, and commercial and consumer equipment. Investors should monitor the Deere website for these upcoming monthly updates, which will offer context to industry trends and company-specific sales trends.
Key Highlights
- 1Deere & Company will provide monthly commentary on its retail sales.
- 2The commentary will be released following the EMI monthly industry sales announcement.
- 3Deere's remarks will be available on the company's official website (www.deere.com).
- 4The disclosure covers retail sales of farm machinery, construction equipment, and commercial and consumer equipment.
- 5This initiative aims to offer more timely information to investors.
- 6The EMI report is typically released on or shortly after the tenth day of the month.