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Deere sales grew net sales and revenue during its fiscal Q3 2026 despite inflationary pressures and continuing tariff-related expenses.
This article has been updated from the version originally published August 11. –Editors The agricultural machinery maker John Deere tested the mettle of the United Auto Workers this summer, probing for softness as the union heads into a leadership election. Voting ‘no’ on August 23, members essentially told Deere to stick it. Deere had hoped to extend its six-year contract to eight years. The existing pact for 10,000 workers at nine Midwestern plants will expire October 31, 2027—six months before the union’s deals with the Big 3 automakers are up on May 1, 2028.
The rejection comes as the company continues to outsource jobs and 1,600 workers remain laid off.
The Global Lawn Mower Market is estimated to be valued at USD 40,932.9 Mn in 2026. The market is expected to reach USD 58,369.1 Mn by 2033.
Deere & Company (NYSE:DE) delivered a stronger-than-expected third quarter, with the company benefiting from a surprising source: the construction boom linked to AI data centers and infrastructure spending. Construction & Forestry sales increased 18% year over year, making it the company’s fastest-growing major segment. Deere also reported a 7% increase in quarterly net income to […]
Barclays has increased its price target for Deere & Company to $675, citing strong Q3 2026 earnings with EPS of $5.10 and revenue of $12.6 billion, both exceeding estimates. The company raised its full-year net income outlook and expects robust cash flow from equipment operations. Management anticipates a recovery in the agricultural equipment cycle in fiscal 2026 and highlights strong performance and order backlog in the Construction and Forestry segment. Despite challenges from tariffs, Deere benefits from construction sector growth and AI-driven demand.
Members of the United Auto Workers and John Deere will return to the bargaining table next fall.
UAW Local 838 in Waterloo posted on Facebook that members decided to turn down the proposal and go to bargaining in 2027.
Los resultados financieros del tercer trimestre de Deere & Company mostraron unos ingresos netos de 1.379 millones de dólares, un aumento del 7 % en comparación con el tercer trimestre de 2025.
Robert W. Baird aumentó el precio objetivo de Deere & Company de 525,00 dólares a 640,00 dólares y otorgó a la acción una calificación "neutral" en un informe del viernes.
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