Deere & Company Q3 net sales and revenues increased 16 percent
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Company equipment sales are projected to increase about 10 percent for fiscal 2017.
Company equipment sales are expected to be up about 24 percent year-over-year for the fourth quarter.
Net income attributable to Deere & Company was $641.8 million, or $1.97 per share, for the third quarter compared to $488.8 million, or $1.55 per share, prior year.
Worldwide net sales and revenues increased 16 percent, to $7.81 billion, for the third quarter.
Net sales of the equipment operations were $6.83 billion for the third quarter compared to $5.86 billion, last year. ■