Here's What Caterpillar Said In Its Rolling 3-Month Sales Report

Shares of Caterpillar Inc. CAT were trading nearly flat during Wednesday's afternoon session after the company earlier released its three-month rolling sales report.

Caterpillar's stock did trade as low as $57.46 Wednesday morning before rebounding.

Caterpillar said its total retail sales of machines fell 16 percent for the three-month period ending in December 2015 after falling 11 percent in the three-month period ending in November, 2015.

Caterpillar noted within the resources industries, its total retail sales of machines fell 38 percent for the three-month period ending in December, 2015 - marking an acceleration from the 28 percent decline during the three-month period ending in November 2015.

Finally, retail sales of machines for the construction industries fell 8 percent for the three-month period ending in December 2015, also marking an acceleration from the 7 percent decline during the three-month period ending in November 2015.

Finally, energy & transportation retail sales for the three-month period ending in December 2015 fell 32 percent after falling 29 percent in the three-month period ending in November 2015.

Posted In: NewsRetail SalesCaterpillarCaterpillar SalesMachine Salesmachinery
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