Titan Machinery Q2 Fiscal 2026: Net Loss $6.0M, Revenue Down 13.8% to $546.4M

Titan Machinery Inc.

2026-Q2 EPS reported -$0.85 revenue$1,140,763,000

Agriculture segment revenue fell 18.4% to $345.8M; same-store sales down 18.7%.
Europe segment revenue rose 38.1% (ex-currency) to $98.1M driven by EU stimulus programs.
Company reiterates $100M inventory reduction target for fiscal 2026.
Fiscal 2026 guidance updated: adjusted diluted loss per share narrowed to ($1.50)-($2.00).
Net loss of $0.26 per diluted share compared to net loss of $0.19 in prior year quarter.

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