Titan Machinery Inc. (TITN) Q1 2027 Earnings Call Transcript

Operator

Greetings, and welcome to the Titan Machinery Inc.’s First Quarter Fiscal 2027 Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded.

I would now like to turn the conference over to your host, Mr. Jeff Sonnek of ICR. Thank you. Please go ahead.

Jeff Sonnek
ICR Inc.

Thank you. Welcome to Titan Machinery’s First Quarter Fiscal 2027 Earnings Conference Call. On the call today from the company are Bryan Knutson, President and Chief Executive Officer; and Bo Larsen, Chief Financial Officer. By now, everyone should have access to the earnings release for the fiscal first quarter ended April 30, 2026, which is also available on Titan’s Investor Relations website at ir.titanmachinery.com. In addition, we’re providing a supplemental presentation to accompany today’s prepared remarks, along with webcast and replay information, which can also be found on Titan’s Investor Relations website within the Events and Presentations section.

We’d also like to remind everyone that the prepared remarks contain forward-looking statements, and management may make additional forward-looking statements in response to your questions. The statements do not guarantee future performance and therefore, undue reliance should not be placed upon them. These forward-looking statements are based on management’s current expectations and involve inherent risks and uncertainties, including those identified in the forward-looking statements section of today’s earnings release and the company’s filings with the SEC, including the Risk Factors section of Titan’s most recently filed annual report on Form 10-K and quarterly reports on Form 10-Q. These risks and uncertainties