Deere Q1 Earnings: Sales Drop, Margins Shrink, Inventory Streamlining And More
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.