CEO Bryan Knutson highlighted a significant $304 million sequential inventory reduction in Q4, bringing the total fiscal year reduction to $419 million. The company now plans to shift focus from ...
CEO Jochen Zeitz highlighted the challenging macroeconomic conditions, including high interest rates and declining consumer confidence, which led to a 15% drop in global retail sales for Q4 and a 7% ...
President and CEO Bryan Knutson emphasized disciplined execution in inventory reduction and customer care strategy, stating, "Our first quarter results demonstrated our ability to advance our short ...
Accounting impact of a non-cash, sale-leaseback financing expense related to the Company's umbrella purchase for 13 of its leased facilities in fiscal year 2025. The tax effect of U.S. related ...
FY2026 guidance includes a 20%-25% revenue decline for the domestic agriculture segment. Equipment margin is expected to improve slightly to 7.7%, up from 6.7% in FY2025. Additional inventory ...