Deere & Company Q3 net sales and revenues increased 16 percent
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. ■