Titan Machinery Inc. today reported financial results for the fiscal fourth quarter and full year ended January 31, 2025, with a focus on its ability to significantly reduce inventory by approximately $304 million during the fourth quarter.
“Looking ahead, we expect to make further headway on our equipment inventory initiatives both domestically and abroad this fiscal year,” said Bryan Knutson, Titan Machinery's President and Chief Executive Officer in a statement released by the company.
In its agriculture segment, Titan reported that revenue for the fourth quarter of fiscal 2025 was $534.7 million, compared to $620.6 million in the fourth quarter last year.
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