Summary
Deere & Company (DE) announced on January 4, 2006, its intention to release a monthly commentary on its December 2005 retail sales. This commentary will be made available shortly after the Association of Equipment Manufacturers (AEM) releases its monthly industry sales data, typically around the tenth of the month. The company's statement will be accessible via a recorded telephone message and on the company's website, www.JohnDeere.com. This initiative aims to provide investors with timely insights into retail sales performance across Deere's key segments: farm machinery, construction equipment, and commercial and consumer equipment, alongside commentary on the broader AEM data. This marks a move towards more frequent disclosure of sales-related information.
Key Highlights
- 1Deere & Company to issue monthly commentary on retail sales, starting with December 2005 data.
- 2Commentary release will coincide with the Association of Equipment Manufacturers (AEM) monthly industry sales announcement.
- 3Information will be available via a recorded telephone message and the company's official website (www.JohnDeere.com).
- 4The disclosure will cover retail sales of farm machinery, construction equipment, and commercial and consumer equipment.
- 5This represents an effort to provide more frequent updates on company sales performance to investors.
- 6The AEM industry sales report is typically released around the tenth day of each month.