Caterpillar's Global Retail Machine Sales Growth Slowed in June

Date: July 25, 2019

SeekingAlpha.com

Caterpillar reports global retail sales of machines rose 4% for the three-month rolling period ending in June, below a 6% rise in May and a 7% increase in April.

CAT says North America retail machine sales jumped 12% in June vs. a 15% gain in May, while Asia/Pacific sales fell 5% in June from a 4% drop in May.

Global sales in resource industries rose 23% in June vs. 21% growth in May, while construction industries sales were unchanged in June after rising 2% in May.

Within energy and transportation, CAT says total sales rose 3% in June vs. a 1% gain in May, but oil and gas sales fell 7% in June after declining 13% in May.

To view Cat’s July 24, 2019 8-K Report, CLICK HERE

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