Summary
Deere & Company announced its intention to begin reporting monthly retail sales data for farm machinery, turf & utility equipment, and construction equipment. This new disclosure, accessible on the company's website, is expected to commence with the November retail sales figures, which will be released following the Association of Equipment Manufacturers' (AEM) monthly industry sales report, typically around the tenth of each month. This initiative aims to provide investors and interested parties with more timely and granular insights into the company's sales performance and market conditions.
Key Highlights
- 1Deere & Company will start releasing monthly retail sales reports.
- 2The reports will cover farm machinery, turf & utility equipment, and construction equipment.
- 3The first report will include November retail sales data.
- 4Sales data will be published on the company's investor relations website (www.JohnDeere.com/retailsales).
- 5The release timing is coordinated with the Association of Equipment Manufacturers' (AEM) monthly industry sales report.
- 6This provides enhanced transparency on company sales performance.
- 7Other company developments may also be posted on the website periodically.