Menards store drives for toys in Nebraska
According to an article in the Nebraska starherald.com, Menards has teamed with the U.S. Marine Corps Reserve’s Toys for Tots program and the Community Action Partnership of Western Nebraska.
The goal for this year’s toy drive, which runs through Dec. 14, is to beat last year’s pace of toy donations. Last year marked the first year of the toy drive for the store, which resulted in 261 donations in the under $5 category, and 157 donations of toys priced higher than $5.
The store has set up three drop boxes in the front of the store to receive toys.
Industry Dashboard for Nov. 26, 2012
The data for housing starts and existing-home sales are all running ahead of the previous month, and well ahead of the previous year. The Home Channel Stock Roundup shows Sherwin-Williams and Lowe’s running ahead of the field.
Deere reports sales and earnings gains
Moline, Ill.-based Deere & Co. reported net income of $687.6 million in its fourth quarter ended Oct. 31, a 2.7% gain compared to the same quarter last year.
For fiscal 2012, net income attributable to Deere & Company was $3.065 billion, compared with $2.800 billion in 2011. Worldwide net sales and revenues rose 14%, to $9.792 billion, for the fourth quarter and increased 13% to $36.157 billion for the full year
"In the face of continuing global economic pressure, John Deere has completed another record year," said Samuel R. Allen, chairman and CEO. "Our success reflects positive customer response to our lines of innovative equipment coupled with extensive efforts to expand our global competitive position."
During the year, Deere continued with the record introduction of new products, while opening or moving ahead with new factories in China, India, and Brazil. In the U.S., the company announced capacity expansions for tractors, sprayers, and cylinders.