Reuters logo
Titan Machinery expects first-quarter loss
May 23, 2013 / 8:17 PM / 5 years ago

Titan Machinery expects first-quarter loss

May 23 (Reuters) - Farm equipment retailer Titan Machinery Inc said it expects to report a loss for the first quarter ended April, hurt by lower sales in its agriculture and construction business.

“The lower-than-expected revenue was primarily due to abnormally delayed spring weather combined with cautionary agriculture customer sentiment and the continued challenging industry conditions in the Construction segment,” the company said.

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below