CNH reported a challenging third quarter, with revenues down 5% to $4.4 billion, largely impacted by a decrease in North American demand and the absorption of tariff costs. Despite these headwinds, adjustments in pricing and inventory management show progress towards long-term strategic goals.

• Consolidated revenues declined by 5%, driven by an 11% drop in Global Ag segment sales, with North America specifically down 29%.
• Industrial adjusted EBIT fell to $104 million, a 69% decrease year-over-year, primarily due to lower industry demand and challenging geographic sales mix.
• Adjusted net income for the quarter was $109 million, translating to an adjusted EPS of $0.08, reflecting ongoing pressures in the agricultural sector.
• CNH is focused on reducing dealer inventories, achieving a sequential reduction of over $200 million, positioning for improved supply chain dynamics.
• The company continues to invest strategically in technology and operational efficiencies to reinforce its market position amidst ongoing agricultural market uncertainties.