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Deere Q1 Earnings: Sales Drop, Margins Shrink, Inventory Streamlining And More
Summary
Deere & Co (NYSE: DE) reported a 30% decline in net sales and revenue for Q1 2025, beating expectations. EPS was $3.19, down from $6.23 YoY. The company expects a sales decline across segments and reaffirms fiscal 2025 net income to be between $5.0 billion and $5.5 billion. DE shares traded lower by 4.97% at $452.87 premarket.
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Read Full ArticleArticle published on February 13, 2025 by benzinga