Titan Machinery Inc. (NASDAQ: TITN), Fargo, ND, reported sales for the fiscal first quarter ended April 30 of $284.9 million, a 19.3 percent decrease from the same quarter a year ago. The company reported a loss of $3.6 million, as compared to a loss of $6.2 million in the first quarter last year.
Titan Machinery Inc. owns and operates a network of full service agricultural and construction equipment stores in North America. The current Titan Machinery network consists of 91 North American dealerships in North Dakota, South Dakota, Iowa, Minnesota, Montana, Nebraska, Wyoming, Wisconsin, Colorado, Arizona and New Mexico, including one outlet store, and 17 European dealerships in Romania, Bulgaria, Serbia, and Ukraine.