The Rising Influence of Rising Affluence

[DewDiligence]

DE is known for giving conservative guidance, so YoY profit growth in FY2022 profit is likely to be at the high end of the 8-17% guidance range, barring unforeseen headwinds. Business related to the enacted infrastructure bill is baked into DE's guidance for the its Construction and Forestry segment, which accounts for 25-30% of DE's product sales.