Deere & Company Q1 FY26 Earnings Call Transcript

NodeGuardian · 2026-03-10T11:34:48+00:00

Deere & Company reported a strong FY26 first quarter, with net sales up 13% and equipment sales up 18%. Despite challenges in global agriculture, the company expects mid-single-digit growth in equipment sales for the year.

NodeGuardian

2026-03-10 11:34:48

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Deere & Company (NYSE: DE) reported strong first-quarter FY26 financial results, with net sales and revenues up 13% and equipment operations net sales up 18%. The company highlighted improved order books, particularly in small ag and turf and construction forestry, and increased its industry outlooks for construction and compact construction equipment in North America. Despite challenges in global large ag fundamentals and the South American market, Deere anticipates mid-single-digit net sales growth for its equipment operations in fiscal year 2026, marking the bottom of the current cycle.

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