Titan Machinery Q4 Earnings Call Highlights

As Titan enters fiscal 2027, Knutson said management’s emphasis is shifting from pure inventory reduction to product mix optimization, with a focus on improving inventory turns, minimizing aged inventory, and reducing interest expense.Knutson added that since inventory peaked in the second quarter of fiscal 2025 following a post-pandemic normalization in equipment shipments, Titan has reduced total inventory by $625 million over an 18-month period. He said the “quality” of inventory has improved, describing ...