Deere and Co (DE)

[Staypositive1]

Deere lied on their conference call. This is going to end badly.

No direct mention of these were made in the earnings call, although there was much emphasis placed on cost control measures.

“We ended 2023 with really low levels of large tractor inventory, but we think it’s prudent to drive those levels even lower as we close out our 2024.

“The key here, is that by staying ahead of demand changes, we’re giving ourselves the optionality to react most efficiently to whichever way the market moves in the next year.”