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Benzinga
Benzinga
Business
Rishabh Mishra

Deere Braces For $1.2 Billion Tariff Impact In Fiscal 2026, Large Tractor Inventory Hits 17-Year Low

Deere DE
Stuttgart,,Germany,-,06-28-2023:,Smartphone,With,Logo,Of,American,Business

Deere & Company (NYSE:DE) shares slid on Wednesday as the agricultural equipment giant warned of a $1.2 billion tariff hit in fiscal 2026, overshadowing a fourth-quarter earnings beat.

Check Out DE’s Stock Price Here.

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