secwatch.observer — SEC 8-K summary
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Issuer:     DEERE & CO (DE)
CIK:        0000315189
Form:       8-K
Filed at:   2025-08-14T23:59:59+00:00
Accession:  0001558370-25-011453
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Deere Q3 net income falls 26%; FY guidance narrowed to $4.75-$5.25B
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- Net income $1.289B ($4.75 EPS) vs $1.734B ($6.29) year ago, down 26%; revenue $12.018B down 9%.
- FY 2025 net income guidance narrowed to $4.75B-$5.25B; management cites cautious customers and used equipment overhang.
- Production & Precision Ag sales $4.273B (-16% YoY); operating profit $580M (-50%); margin 13.6% vs 22.8%.
- Construction & Forestry sales $3.059B (-5%); op profit $237M (-47%); margin 7.7% vs 13.8%; tariffs cited as headwind.
- Financial Services net income $205M (+34%) on lower provision for credit losses and prior year special items.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/315189/000155837025011453/0001558370-25-011453-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/315189/000155837025011453/de-20250814x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-011453

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