Summary
Deere & Company (DE) announced on March 3, 2015, its intention to begin releasing monthly retail sales data. This new disclosure practice, which will commence with February 2015 sales data expected early the following week, aims to provide investors with more timely information on the company's sales performance and market conditions. The reports will be made available on the company's investor relations website following the monthly announcement of industry sales by the Association of Equipment Manufacturers (AEM). This initiative signifies an enhanced commitment to transparency and investor communication. Investors will gain more frequent insights into sales trends across Deere's farm machinery, turf & utility equipment, and construction equipment segments. The company also indicated that other relevant developments may be posted on its website from time to time, suggesting a broader strategy for keeping stakeholders informed.
Key Highlights
- 1Deere & Company (DE) to release monthly retail sales data, starting with February 2015 figures.
- 2New data will be accessible on the www.JohnDeere.com/Investors website.
- 3Release of Deere's sales data will follow the monthly Association of Equipment Manufacturers (AEM) industry sales report.
- 4The reports will include commentary on AEM data and company-specific retail sales for farm machinery, turf & utility, and construction equipment.
- 5This change aims to provide investors with more frequent and timely updates on sales performance.
- 6Deere also stated that other company developments may be posted on its website periodically.