Summary
Deere & Company (DE) announced on September 6, 2012, that it would release commentary on its August 2012 retail sales data the following week. This information will be made available through a recorded message accessible by phone and online, following the monthly announcement of industry sales by the Association of Equipment Manufacturers (AEM). The company's statement will offer insights into the AEM data and provide specific details regarding Deere's retail sales performance across its farm machinery, turf & utility equipment, and construction equipment segments. This proactive disclosure is important for investors as it offers timely updates on sales trends and company performance, particularly in the agricultural and construction sectors. The commentary will shed light on how Deere is performing relative to industry trends and provide early indicators of future revenue and profitability, allowing investors to make more informed decisions.
Key Highlights
- 1Deere & Company to release August 2012 retail sales commentary.
- 2Information to be provided via recorded message (phone and internet).
- 3Release timing is linked to the Association of Equipment Manufacturers (AEM) monthly industry sales announcement.
- 4Commentary will cover farm machinery, turf & utility equipment, and construction equipment retail sales.
- 5Company website (www.JohnDeere.com/Investors) and a dedicated phone line will be the access points.
- 6This provides investors with timely updates on sales performance and market conditions.