Summary
Deere & Company (DE) announced on June 2, 2006, its intention to release monthly commentary on its May 2006 retail sales. This commentary, which will include insights on farm machinery, construction equipment, and commercial/consumer equipment sales, is expected to be available late next week or the week after, following the Association of Equipment Manufacturers' (AEM) monthly industry sales report. This disclosure is part of Deere's ongoing commitment to provide timely information to investors regarding its sales performance and market conditions.
Key Highlights
- 1Deere & Company plans to issue monthly commentary on retail sales, starting with May 2006 data.
- 2The sales commentary will cover farm machinery, construction equipment, and commercial and consumer equipment segments.
- 3The announcement will be made after the AEM industry sales report, typically around the 10th of the month.
- 4Investors can access the commentary via a recorded phone message or the company's website (www.JohnDeere.com).
- 5This initiative aims to provide investors with more frequent updates on sales performance.
- 6The information will remain accessible for several days after its release.