Deere Reports Third-Quarter Profit and Raises Fiscal 2026 Outlook
Deere & Company reported third-quarter net income of $1.379 billion, or $5.10 per share, up 7% year over year, and raised its fiscal 2026 outlook. Full-year net income is now forecast at $4.75 billion to $5.0 billion. Worldwide net sales rose 5% to $12.608 billion in the quarter, with construction equipment sales up 18%.