Aug 15, 2012. /Lesprom Network/. Deere & Company today announced worldwide net income attributable to Deere & Company of $788.0 million, or $1.98 per share, for the third quarter ended July 31, compared with $712.3 million, or $1.69 per share, for the same period last year, as the company said in the press release received by Lesprom Network. For the first nine months of the year, net income attributable to Deere & Company was $2.377 billion, or $5.88 per share, compared with $2.130 billion, or $5.01 per share, last year. Worldwide net sales and revenues increased 15 percent, to $9.590 billion, for the third quarter and rose 13 percent to $26.365 billion for nine months. Net sales of the equipment operations were $8.930 billion for the quarter and $24.454 billion for nine months, compared with $7.722 billion and $21.563 billion for the same periods last year. "John Deere delivered record third quarter performance in both sales and income," said Samuel R. Allen, chairman and chief executive officer. "Although a strong quarter, we are not satisfied that sales fell short of our expectations due to weakening in certain international markets and short-term manufacturing inefficiencies resulting from the introduction of a record number of new products." Allen noted that the company's global presence continues to grow due to strong customer preference for the innovative line-up of John Deere products that have been introduced in the past year.