secwatch.observer — SEC 8-K summary
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Issuer:     DEERE & CO (DE)
CIK:        0000315189
Form:       8-K
Filed at:   2025-05-15T23:59:59+00:00
Accession:  0001558370-25-007795
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Deere Q2 net income $1.804B ($6.64 EPS) vs $2.370B prior year; sales down 16%
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- Net sales $11.171B, down 18% YoY; worldwide net sales and revenues $12.763B, down 16%.
- Production & Precision Ag operating profit $1.148B (-30% YoY) on lower shipment volumes.
- Construction & Forestry operating profit $379M (-43% YoY) driven by lower volumes and unfavorable price realization.
- FY2025 net income guidance broadened to $4.75B–$5.50B; outlook incorporates tariffs in effect as of May 13.
- U.S. large ag industry forecast down ~30%; construction equipment down ~10%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/315189/000155837025007795/0001558370-25-007795-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/315189/000155837025007795/de-20250515x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-007795

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