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Deere & Company (DE) Q2 2023 Earnings Call Transcript

May 19, 2023 2:00 PM ETDeere & Company (DE)
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Deere & Company (NYSE:DE) Q2 2023 Earnings Conference Call May 19, 2023 10:00 AM ET

Company Participants

Brent Norwood - Director of IR

Josh Jepsen - CFO

Dave Gilmore - SVP, Ag and Turf Sales and Marketing

Kanlaya Barr - Director of Corporate Economics

Rachel Bach - Manager of Investor Communications

Conference Call Participants

Jamie Cook - Credit Suisse

Tim Thein - Citigroup

Steven Fisher - UBS

Matt Elkott - TD Cowen

John Joyner - BMO Capital Markets

Robert Wertheimer - Melius Research

Nicole DeBlase - Deutsche Bank

Tami Zakaria - JPMorgan

Kristen Owen - Oppenheimer

Stanley Elliott - Stifel


Good morning and welcome to Deere & Company Second Quarter Earnings Conference Call. Your lines have been placed on listen-only until the question-and-answer session of today's conference.

I would now like to turn the call over to Mr. Brent Norwood, Director of Investor Relations. Thank you, you may begin.

Brent Norwood

Hello. Also on the call, today are Josh Jepsen, Chief Financial Officer; Dave Gilmore, Senior Vice-President, Ag and Turf Sales and Marketing; Kanlaya Barr, Director of Corporate Economics; and Rachel Bach, Manager of Investor Communications.

Today, we'll take a closer look at Deere's second quarter earnings, then spend some time talking about our markets and our current outlook for fiscal year 2023. After that, we'll respond to your questions. Please note that slides are available to complement the call this morning, they can be accessed on our website at johndeere.com/earnings.

First, a reminder, this call is being broadcast live on the Internet and recorded for future transmission and use by Deere & Company. Any other use, recording, or transmission of any portion of this copyrighted broadcast without the express written consent of Deere is strictly prohibited.

Participants on the call, including the Q&A session agree that their likeness and

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