Deere Releases Fourth Quarter Earnings - CBS4 - WHBF Quad Cities, IL-IA News Weather Sports

Deere Releases Fourth Quarter Earnings

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By: Meredith Dennis, mdennis@cbs4qc.com

Deere & Company has announced its 4th quarter and full 2012 fiscal year earnings.

The company is reporting:

  1. Third (3rd) straight record year in net income for Deere & Company.
  2. Twelve (12th) straight quarter-over-quarter improvement in net income.
  3. Tenth (10th) straight quarterly record in net income.
  4. Third (3rd) straight record year in net sales for equipment operations.
  5. Eighth (8th) straight record quarterly record in net sales for equipment operations.
  6. Eleventh (11th) straight increase quarter over quarter in net sales in equipment operations.

 

These results were delivered with double digit increases in sales from both major equipment divisions (Agriculture & Turf and Construction & Forestry).

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