Deere targets 10% net sales CAGR from 2025 to 2030

“Despite navigating through significant market volatility. Looking ahead, we’ve set a new target to grow our business at a 10% net sales CAGR from 2025 to 2030, reflecting our commitment to accelerate customer value delivery. Combined with the growth that we’ve already delivered since the start of the decade, our targeted sales growth CAGR from 2020 to 2030 would exceed global GDP projections,” executives from the company stated during Deere’s (DE) ongoing investor day meeting. Deere shares are up about 1% to $481.70 in mid-morning trading as the investor day event continues.