Titan Machinery Announces CFO Transition Plan
Mark Kalvoda, has provided his notice of resignation effective January 15, 2023, to pursue other interests.
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Titan’s Ag Segment Sets Quarterly Margin Record
“The combination of our larger base of revenues, healthy inventory position and lean infrastructure has allowed for powerful operating leverage that drove a 109 percent increase in pre-tax income for the quarter,” CEO David Meyer said.
Read moreTitan Acquires Jaycox
Titan Machinery Chairman and CEO David Meyer said the acquisition “is a perfect complement to our existing footprint in the heart of this highly productive region.”
Read moreAg Revenue Up Nearly 19 Percent at Titan Machinery
The agriculture segment generated pre-tax income growth of 82 percent during the three months that ended April 30.
Read moreDealer News
Check out highlights of earnings reports from Cervus and Titan Machinery, and catch up on an expansion and acquisition in Virginia.
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Dealer News: Earnings, Acquisitions
Titan saw an overall gain in its ag sales division in the third quarter. A group of dealer associations canceled their joint annual meeting. Acquisitions continue.
Read moreDealerNews: Titan Machinery Inc. Announces Results for Q3
Agriculture Segment – Revenue for the third quarter of fiscal 2021 was $220.6 million, compared to $214.1 million in the third
Read moreTitan Responds to Flap with Goodyear and Use of ‘MAGA’
Titan sought to clarify its relationship with Goodyear after training documents from Goodyear used “MAGA” as an example of unacceptable language on attire.
Read moreDealer News
Check out the latest in dealership mergers, acquisitions, and a closure.
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