Caterpillar shares higher as dealer sales trends look less bad


Caterpillar (CAT +0.4%) says total global machine sales fell 9% Y/Y on a three-month rolling basis in July, but that's an improvement from a 10% decline in June and a 12% drop in May.

In its Asia/Pacific segment, total machine sales fell a respective 29%, 30% and 30% for the months of July, June and May.

CAT reported a 33% drop in mining equipment sales vs. a 38% drop in June.

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Comments (3)
  • Johann Galt
    , contributor
    Comments (246) | Send Message
     
    Buy with both hands- the decline in sales is declining m-o-m!!!
    20 Aug 2014, 12:39 PM Reply Like
  • Arfoli
    , contributor
    Comment (1) | Send Message
     
    Look at order entry. Sales to dealer is like looking in a rear mirror
    20 Aug 2014, 12:54 PM Reply Like
  • Victor the Worker
    , contributor
    Comments (20) | Send Message
     
    Any idea what ROIC is for CAT?
    20 Aug 2014, 01:40 PM Reply Like
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