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0 -0.0265888456549935 -0.0265888456549935 0.019455252918288 0.0356679636835279 0.0214007782101167 0.00194552529182887 -0.0272373540856031
Stock impact report

Titan Machinery Inc. Announces Results for Fiscal Third Quarter Ended October 31, 2024

Titan Machinery Inc. (TITN) 
Last titan machinery inc. earnings: 3/26 06:45 am Check Earnings Report
US:NASDAQ Investor Relations: ir.titanmachinery.com
Company Research Source: GlobeNewswire
- Reduced Inventory by Approximately $115 Million, as Compared to Fiscal Second Quarter - - Updates Fiscal 2025 Modeling Assumptions - WEST FARGO, N.D., Nov. 26, 2024 (GLOBE NEWSWIRE) -- Titan Machinery Inc. (Nasdaq: TITN) ("Titan" or the "Company"), a leading network of full-service agricultural and construction equipment stores, today reported financial results for the fiscal third quarter ended October 31, 2024. "Our third quarter results reflect a market cycle that is largely playing out as we anticipated within our domestic Agriculture segment," commented Bryan Knutson, Titan Machinery's President and Chief Executive Officer. "While we continue to face headwinds impacting the broader agricultural equipment sector, we are seeing positive results from our inventory reduction initiatives with a third quarter reduction of approximately $115 million. We remain focused on executing our strategy to accelerate inventory reductions and to achieve targeted inventory levels as we work Show less Read more
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