— Deere & Company (NYSE: DE) reported Q1 2020 earnings of $1.63 per share, vs. $1.26 expected.
— Worldwide net sales and revenue fell 4% to $7.63 billion, vs. $6.42 billion expected.
— Net sales of Equipment Operations dropped 6% to $6.53 billion.
— Net sales of Agriculture & Turf fell 4% to $4.48 billion.
— Net sales of Construction & Forestry decreased 10% to $2 billion.
— FY2020 net income is expected to be $2.7 billion to $3.1 billion.
— FY2020 worldwide sales of agriculture and turf equipment are forecast to decline 5-10%.
— FY2020 worldwide sales of construction and forestry equipment are anticipated to be down 10-15%.
— DE shares were up 8% in premarket hours on Friday.
Shares of Hormel Foods Corporation (NYSE: HRL) were down over 1% on Monday. The stock has dropped 29% year-to-date. The food company is set to report its fourth quarter 2023 earnings
The Kroger Co. (NYSE: KR), a leading grocery retailer that operates both in-store and online, will be reporting earnings this week. The company, which is preparing to acquire rival retailer
Salesforce, Inc. (NYSE: CRM) achieved accelerated sales growth and profitability in recent quarters, in line with its transformation goal. The customer relationship management platform bets on new opportunities in generative