Deere's Profit Remains Pressured Despite Higher Quarterly Sales

Core Insights - Deere reported increased sales in its fiscal fourth quarter, indicating a positive trend in the agricultural sector [1] - Despite the sales growth, the company provided a pessimistic outlook for the current fiscal year [1] Summary by Category Sales Performance - The company experienced higher sales in its fiscal fourth quarter, reflecting improvements in agricultural trends [1] Forecast - Deere issued a downbeat forecast for the upcoming year, suggesting potential challenges ahead despite recent sales growth [1]