The chart below shows how TITN performed 10 days before and after its earnings report, based on data from the past quarters. Typically, TITN sees a +5.18% change in stock price 10 days leading up to the earnings, and a -3.78% change 10 days following the report. On the earnings day itself, the stock moves by -2.59%. This data can give you a slight idea of what to expect for the next quarter's release.
Positive
Third Quarter Revenue Decline: Total revenue for the third quarter was $679.8 million, a decrease of 2.1% compared to the prior year period.
Gross Profit Decline: Gross profit for the second quarter was $110 million, with a gross profit margin contracted by 360 basis points year-over-year to 16.3%.
Inventory Reduction Strategy: We were able to decrease our total inventory by approximately $115 million, achieved through our aggressive strategy geared toward enhanced sales incentives to drive retail demand.
Agriculture Segment Sales Decline: Our agriculture segment realized a sales decrease of 9.3% to $482 million driven by a same-store sales decline of 10.8% in the third quarter.
Construction Sales Increase: In our construction segment, same-store sales increased 10% to $85.3 million from $77.5 million in the prior year.
Negative
Revenue Decline Analysis: Total revenue was $679.8 million, a decrease of 2.1% compared to the prior year period.
Same-Store Sales Decline: Underlying this performance was the same-store sales decrease of 10.5%, driven by lower demand for equipment purchases due to the challenging industry conditions.
Gross Profit Decline: Gross profit for the second quarter was $110 million and gross profit margin contracted by 360 basis points year-over-year to 16.3%, driven primarily by lower equipment margins resulting from higher levels of inventory across the industries we serve.
Operating Expenses Increase: Operating expenses were $98.8 million for the third quarter of fiscal 2025 compared to $92.1 million in the prior year period, a year-over-year increase of 7.2% led by acquisitions that we've executed in the last 12 months.
Net Income Comparison: Net income for the third quarter of fiscal 2025 was $1.7 million or $0.07 per diluted share, compared to last year's third quarter net income of $30.2 million or $1.32 per diluted share.
Titan Machinery Inc. (TITN) Q3 2025 Earnings Call Transcript
TITN.O
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