14-Aug-2025 1:07 PM CST - Morningstar Deere Is Harvesting Greater Profits With Its Wide Moat Management teams at cyclical companies such as Deere understandably desire to reduce earnings volatility during downturns. Deere is no exception. The "Smart Industrial" strategy resulted in meaningful structural costs taken out of the company's manufacturing footprint as well as further cost efficiencies from labor and facilities utilization.
14-Aug-2025 1:07 PM CST - Morningstar Deere Is Harvesting Greater Profits With Its Wide Moat Management teams at cyclical companies such as Deere understandably desire to reduce earnings volatility during downturns. Deere is no exception. The "Smart Industrial" strategy resulted in meaningful structural costs taken out of the company's manufacturing footprint as well as further cost efficiencies from labor and facilities utilization.
