- Caterpillar (CAT -1.7%) says its global sales fell 11% for the three-month rolling period ending in February compared to a year ago; the rolling period ending in January has dropped 14% Y/Y.
- Energy and transportation retail sales for the three-month rolling period rose 17%, while construction and resources segments posted respective declines of 11% and 12%, results that likely do not bode well for Q1 sales totals.
- Total machine sales fell 2% in North America and more than 10% in every other geographic region; resource industries segment sales fell everywhere except Asia/Pacific, which posted a gain of 37%; sales in the Europe, Africa and Middle East region fell 42%, and North American sales slipped 7%.