Summary
Deere & Company (DE) announced on December 4, 2006, that it will begin releasing monthly commentary on its retail sales, starting with November 2006 data. This new disclosure practice aims to provide investors with more timely and regular updates on the company's performance. The commentary will cover retail sales across its key segments, including farm machinery, construction equipment, and commercial and consumer equipment. The information will be made available shortly after the Association of Equipment Manufacturers (AEM) releases its monthly industry sales data, typically around the tenth of each month. Investors will be able to access this commentary via a recorded telephone message and through the company's website, www.JohnDeere.com.
Key Highlights
- 1Deere & Company is initiating a new disclosure practice of releasing monthly retail sales commentary.
- 2The first commentary will cover November 2006 retail sales.
- 3The information will be released after the Association of Equipment Manufacturers (AEM) monthly industry sales report.
- 4The commentary will provide insights into sales of farm machinery, construction equipment, and commercial and consumer equipment.
- 5Investors can access the commentary via a recorded telephone message and the company's website (www.JohnDeere.com).
- 6This initiative aims to provide investors with more frequent updates on company performance.