Deere & Co. DE posted better-than-expected second-quarter results on Thursday.Quarterly net sales and revenue fell 16% year-over-year to $12.76 billion, topping the consensus estimate of$10.79 billion.Net sales were $11.17 billion for the quarter and$17.98 billion for the first half, down from $13.61 billion and$24.10 billion a year ago. Deere's EPS was $6.64, down from$8.23 in the prior year, beating the consensus of $5.59.John Deere Chairman and CEO John May said, "Despite the near-term market challen ...