Deere Digging Sales From Construction Equipment Unit -- Market Talk
Dow Jones
Yesterday
0933 ET - North America is a good place to be in the construction equipment business. Deere's construction and forestry equipment business, which is concentrated in the US and Canada, logged a 34% increase in sales in F1Q. Profit more than doubled. Rival Caterpillar recently reported a 23% increase in quarterly construction equipment sales in North America. Deere nudged up its construction sales growth forecast for the year to about 15% from 10% growth projected in November. Deere surges 7.2% in early trading.(robert.tita@wsj.com)
(END) Dow Jones Newswires
February 19, 2026 09:33 ET (14:33 GMT)
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