Summary
Deere & Company (DE) has filed an 8-K/A amendment to announce a new disclosure practice regarding monthly retail sales. Starting with the December 2001 sales data, the company plans to release commentary on its retail sales figures shortly after the Equipment Manufacturers Institute (EMI) typically publishes its monthly industry sales report. This commentary will be made available on the Deere website and will offer insights into sales performance for farm machinery, construction equipment, and commercial and consumer equipment. This proactive disclosure initiative aims to provide investors with more timely and direct information about the company's sales trends. By posting these updates on their website, Deere is enhancing transparency and offering investors a convenient channel to access relevant sales data and management's perspective on market conditions and company performance. Investors should monitor the Deere website for these upcoming monthly sales commentaries.
Key Highlights
- 1Deere & Company will begin releasing monthly commentary on its retail sales figures.
- 2The first commentary will cover December 2001 retail sales and is expected next week.
- 3Sales commentary will be posted on the Deere website (www.deere.com).
- 4These updates will be released after the Equipment Manufacturers Institute (EMI) monthly industry sales report.
- 5The commentary will address sales of farm machinery, construction equipment, and commercial/consumer equipment.
- 6The company's remarks will be available on the website for several days.