165 annotations
Page 7 of 9
Roughly about a third, we were able to work through over the third quarter, which will leave us with some inventory left for next quarter.
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2022 Q3
20 Aug 22
how much of the $1 billion of unfinished products we got out the door from second quarter
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2022 Q3
20 Aug 22
price, volume and anniversarying some of the cost inflation that we saw last year, that does point to a higher margin profile for us in the fourth quarter.
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2022 Q3
20 Aug 22
Construction & Forestry, we’re looking at more kind of mid- to high single digits in terms of list price increases year-over-year.
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2022 Q3
20 Aug 22
For large ag, we’re seeing list price increases in the high single digits to low double digits, depending a bit on the product line.
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2022 Q3
20 Aug 22
Demand remains strong in multiple end markets, and we continue to see strong demand for our technologies and precision solutions.
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2022 Q3
20 Aug 22
through the third quarter, we continued to see elevated costs and production inefficiencies, but we also demonstrated higher line rates and those rates will continue through the fourth quarter and into next fiscal year to meet customer demand.
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2022 Q3
20 Aug 22
we’re seeing indicators of housing moderate a bit, earthmoving and road building are helped by steady oil and gas
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2022 Q3
20 Aug 22
China and Russia are down for road building, and we’re beginning to see some softening in Europe, but North America is offsetting much of that.
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2022 Q3
20 Aug 22
while equipment inventories remain well below normal levels, they’re starting to see a rise a little bit for small tractors.
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2022 Q3
20 Aug 22
consumer products are beginning to soften as they are more closely linked to the general economy.
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2022 Q3
20 Aug 22
Our net sales guide includes not only higher price but also stronger volumes and higher take rates of precision ag solutions.
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2022 Q3
20 Aug 22
particularly in Brazil, where we’re releasing production monthly to maintain tight controls between inflation and pricing.
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2022 Q3
20 Aug 22
what about South America?
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2022 Q3
20 Aug 22
We’re seeing strong profitability for our customers and strong market demand
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2022 Q3
20 Aug 22
we’re on track to grow high horsepower tractor, combine and SPFH share there as well.
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2022 Q3
20 Aug 22
Europe is another region where demand continues to outpace what the industry can supply.
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2022 Q3
20 Aug 22
The inventory increases are not replacing partially completed inventory but increasing raw inventory as we prepare for that continued higher production rates.
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2022 Q3
20 Aug 22
to help offset some of the supply challenges and maintain the higher production rates through the fourth quarter and into the next year, we’re carrying a little bit more raw inventory
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2022 Q3
20 Aug 22
these expectations around higher production rates are reflected in our revised cash flow outlook for this year, which we lowered a little bit due to increased working capital
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2022 Q3
20 Aug 22