Summary
Deere & Company (DE) announced in an 8-K filing dated July 3, 2018, that it will begin releasing monthly retail sales data for its farm machinery, turf & utility equipment, and construction equipment segments. This new disclosure, which will be available on the company's website (www.JohnDeere.com/retailsales) shortly after the Association of Equipment Manufacturers (AEM) monthly industry sales report, aims to provide investors with more timely insights into the company's sales performance. This initiative represents a step towards increased transparency and may allow investors to more closely track sales trends and their potential impact on Deere's financial results. The company will also provide commentary on the AEM data and other relevant retail sales information, offering a deeper understanding of market dynamics and Deere's position within them.
Key Highlights
- 1Deere & Company will commence releasing monthly retail sales data.
- 2The new disclosures will cover farm machinery, turf & utility equipment, and construction equipment.
- 3Monthly sales reports will be published on the company's website: www.JohnDeere.com/retailsales.
- 4The release timing is coordinated with the Association of Equipment Manufacturers (AEM) monthly industry sales report.
- 5Deere will provide commentary on AEM data and other relevant sales information.
- 6This initiative is intended to offer investors more timely and detailed sales performance insights.