Deere turns US$12.652 billion of sales into nearly $2 billion net income in 1Q 2023

Deere is on a roll with increased retail prices and high demand worldwide catapulting the company toward full-year net income between US$8.75 to US$9.25 billion It’s the badge that farmers simply can’t get enough of, as Deere & Co scrambles to deliver orders that in some lines won’t be available until early 2024. That doesn’t seem to matter as Deere […]

Kubota sales revenue tops US$19.97 Billion with more growth expected

Falling just short of the magical US$20 billion-mark buyers couldn’t get enough of Kubota product lines as worldwide sales increased by 21.9% over last year Even with severe product shortages in some markets, for the year ended 31 December 2022, the revenue of Kubota Corp. and its subsidiaries increased by US$3.6 billion to top US$19.97 […]