Laura Maher's questions to Titan Machinery (TITN) leadership • Q2 2026
Question
Laura Maher from B.Riley Securities inquired about how varying OEM exposure to tariffs, based on their supply chains, is affecting Titan Machinery's floor planning arrangements and equipment allocation strategy.
Answer
CFO Bo Larsen clarified that tariffs do not directly impact floor plan arrangements. He explained that the company's overarching strategy is to minimize stock inventory and increase presales. This approach inherently reduces balance sheet risk and lowers floor plan interest expense, irrespective of specific cost pressures like tariffs.