Deere & Company Q3 net sales and revenues increased 16 percentStaff Writer | August 18, 2017
Deere & Company announced its net sales and revenues are projected to increase about 11 percent for fiscal 2017 with net income attributable to Deere & Company of about $2.075 billion.
Deere & Company $7.81 billion
Company equipment sales are expected to be up about 24 percent year-over-year for the fourth quarter.
Net income attributable to Deere & Company was $641.8 million, or $1.97 per share, for the third quarter compared to $488.8 million, or $1.55 per share, prior year.
Worldwide net sales and revenues increased 16 percent, to $7.81 billion, for the third quarter.
Net sales of the equipment operations were $6.83 billion for the third quarter compared to $5.86 billion, last year. ■