News Releases

19 Mar 2024

The Toro Company Declares Regular Quarterly Cash Dividend

BLOOMINGTON, Minn. --(BUSINESS WIRE)--Mar. 19, 2024-- The Toro Company (NYSE: TTC) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.36 per share of TTC’s common stock. This dividend is payable on April 12, 2024 , to shareholders of record at the close

07 Mar 2024

The Toro Company Reports Results for the First Quarter of Fiscal 2024

Continued Strength in Demand Across Construction , and Golf and Grounds Markets Company Reaffirms Full-Year Fiscal 2024 Guidance First-quarter net sales of $1.00 billion , compared to $1.15 billion in the same period of fiscal 2023 First-quarter reported diluted EPS of $0.62 , compared to $1.01 in

22 Feb 2024

The Toro Company and NRPA Partner on New Workforce Pathways for Youth Initiative

$2 million grant provided by the U.S. Department of Labor to connect young people to new career opportunities Ashburn, Va. (February 21, 2024) — The National Recreation and Park Association (NRPA) and The Toro Company are proud to partner on a new initiative dedicated to workforce development and

07 Feb 2024

The Toro Company to Announce Fiscal 2024 First Quarter Results

BLOOMINGTON, Minn. --(BUSINESS WIRE)--Feb. 7, 2024-- The Toro Company (NYSE: TTC), a leading global provider of solutions for the outdoor environment, announced today that it will release its fiscal 2024 first quarter results on Thursday, March 7 , at approximately 7:30 a.m. CST .

06 Feb 2024

The Toro Company Named to Fortune’s List of World’s Most Admired Companies

BLOOMINGTON, Minn. --(BUSINESS WIRE)--Feb. 6, 2024-- The Toro Company (NYSE: TTC), a leading global provider of solutions for the outdoor environment, has been recognized by Fortune as one of the World’s Most Admired Companies for 2024. The Toro Company ranked fifth in the construction and farm

26 Jan 2024

Toro® Transpira™ Wins 2023 New Product of the Year

EL CAJON, Calif. --(BUSINESS WIRE)--Jan. 26, 2024-- Toro, a leading global provider of solutions for the outdoor environment, is proud to announce that Transpira™ has been awarded the 2023 New Product of the Year Award in the Agriculture Irrigation Category by the Irrigation Association .

20 Dec 2023

The Toro Company Reports Fourth-Quarter and Full-Year Fiscal 2023 Financial Results

Strength in Professional Segment Drives Full-Year Net Sales Growth Full-year net sales of $4.55 billion , compared to $4.51 billion in fiscal 2022 Full-year reported diluted EPS of $3.13 and *adjusted diluted EPS of $4.21 , compared to $4.20 reported and *adjusted diluted EPS in fiscal 2022

12 Dec 2023

The Toro Company Board of Directors Increases Regular Quarterly Cash Dividend

BLOOMINGTON, Minn. --(BUSINESS WIRE)--Dec. 12, 2023-- The Toro Company (NYSE: TTC) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.36 per share of TTC’s common stock, an increase over the previous quarter’s cash dividend of $0.34 per share of TTC’s

12 Dec 2023

The Toro Company Elects Dianne Craig to Board of Directors

BLOOMINGTON, Minn. --(BUSINESS WIRE)--Dec. 12, 2023-- The Toro Company (NYSE: TTC) today announced the election of Dianne Craig to its Board of Directors, effective January 1, 2024 . This press release features multimedia. View the full release here:

16 Nov 2023

The Toro Company to Announce Fiscal 2023 Full-Year Results

BLOOMINGTON, Minn. --(BUSINESS WIRE)--Nov. 16, 2023-- The Toro Company (NYSE: TTC), a leading global provider of solutions for the outdoor environment, today announced that it will release its fiscal 2023 fourth quarter and full-year results on Wednesday, December 20 , at approximately 7:30 a.m.

24 Oct 2023

The Toro Company to Present at the Baird 2023 Global Industrial Conference

BLOOMINGTON, Minn. --(BUSINESS WIRE)--Oct. 24, 2023-- The Toro Company (NYSE: TTC) today announced that it will present at the Baird 2023 Global Industrial Conference on Tuesday, November 7, 2023 , at 5:40 p.m. EST . Richard Olson , chairman and chief executive officer, and Angie Drake , chief

12 Oct 2023

The Toro Company Wins 2023 WaterSense® Excellence Award

WASHINGTON --(BUSINESS WIRE)--Oct. 12, 2023-- The U.S. Environmental Protection Agency ( EPA ) recently honored The Toro Company (NYSE: TTC) with a 2023 WaterSense® Excellence Award for efforts in promoting the WaterSense program and water efficiency through its products, education and outreach.

26 Sep 2023

The Toro Company Named to Newsweek’s List of World’s Most Trustworthy Companies

BLOOMINGTON, Minn. --(BUSINESS WIRE)--Sep. 26, 2023-- The Toro Company (NYSE: TTC), a leading global provider of solutions for the outdoor environment, has been named by Newsweek as one of the World’s Most Trustworthy Companies for 2023. The inaugural list recognized 1,000 companies across 21

19 Sep 2023

The Toro Company Declares Regular Quarterly Cash Dividend

BLOOMINGTON, Minn. --(BUSINESS WIRE)--Sep. 19, 2023-- The Toro Company (NYSE: TTC) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.34 per share. This dividend is payable on October 18, 2023 , to shareholders of record at the close of business on

15 Sep 2023

The Toro Company Announces 2023 Scholarship Recipients Across Its Global Locations

BLOOMINGTON, Minn. (September 15, 2023) – With a strong commitment to educational advancement, The Toro Company continues to support employees and their families in furthering their academic aspirations through philanthropic giving. As part of this effort, two annual scholarship programs are

07 Sep 2023

The Toro Company and Lowe’s Announce Strategic Partnership

Toro’s full line-up of all-season outdoor power equipment available at Lowe’s nationwide in spring 2024 BLOOMINGTON, Minn. & MOORESVILLE, N.C. --(BUSINESS WIRE)--Sep. 7, 2023-- The Toro Company (NYSE: TTC) and Lowe’s Companies, Inc. (NYSE: LOW) today announced a strategic retail partnership through

07 Sep 2023

The Toro Company Reports Fiscal 2023 Third-Quarter Results and Revises Full-Year Outlook

Lower-than-Expected Homeowner Demand for Lawn Care Solutions Driven by Macro Factors and Weather Continued Strength in Demand Across Construction , and Golf and Grounds Markets Announces New Strategic Partnership with Lowe’s Third-quarter net sales of $1.08 billion , compared to $1.16 billion in

16 Aug 2023

The Toro Company to Announce Fiscal 2023 Third Quarter Results

BLOOMINGTON, Minn. --(BUSINESS WIRE)--Aug. 16, 2023-- The Toro Company (NYSE: TTC) announced today that it will release its fiscal 2023 third quarter results on Thursday, September 7 , at approximately 7:30 a.m. CDT . The full text of The Toro Company’s earnings release will be available at that

27 Jul 2023

The Toro Company Names Jason P. Baab Vice President, Strategy, Corporate Development and Sustainability

BLOOMINGTON, Minn. --(BUSINESS WIRE)--Jul. 27, 2023-- The Toro Company (NYSE: TTC), a leading global provider of solutions for the outdoor environment, today announced that Jason P. Baab will join the company as vice president of strategy, corporate development and sustainability, effective July

15 Jun 2023

The Toro Company Releases 2022 Sustainability Report

Progress towards multi-year sustainability goals highlighted and materiality assessment confirms ESG priorities BLOOMINGTON, Minn. --(BUSINESS WIRE)--Jun. 15, 2023-- The Toro Company (NYSE: TTC) today released its Sustainability Report for fiscal 2022, highlighting progress made in support of its

08 Jun 2023

The Toro Company Names Joanna M. Totsky Vice President, General Counsel and Corporate Secretary

BLOOMINGTON, Minn. --(BUSINESS WIRE)--Jun. 8, 2023-- The Toro Company (NYSE: TTC), a leading global provider of solutions for the outdoor environment, today announced that Joanna M. Totsky will join the company as vice president, general counsel and corporate secretary, effective June 19, 2023 .

08 Jun 2023

The Toro Company Reports Record Results for the Second-Quarter of Fiscal 2023

Driven by Strong Professional Segment Performance and Continued Production Improvements   Record second-quarter net sales of $1.34 billion , up 7% year over year Record second-quarter reported diluted EPS of $1.59 , up 28% year over year Record second-quarter *adjusted diluted EPS of $1.58 , up 26%

23 May 2023

The Toro Company Declares Regular Quarterly Cash Dividend

BLOOMINGTON, Minn. --(BUSINESS WIRE)--May 23, 2023-- The Toro Company (NYSE: TTC) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.34 per share. This dividend is payable on July 12, 2023 , to shareholders of record at the close of business on June 21,

04 May 2023

The Toro Company to Announce Fiscal 2023 Second Quarter Results

BLOOMINGTON, Minn. --(BUSINESS WIRE)--May 4, 2023-- The Toro Company (NYSE: TTC) announced today that it will release its fiscal 2023 second quarter results on Thursday, June 8 , at approximately 7:30 a.m. CDT . The full text of The Toro Company’s earnings release will be available at that time at

21 Mar 2023

The Toro Company Declares Regular Quarterly Cash Dividend

BLOOMINGTON, Minn. --(BUSINESS WIRE)--Mar. 21, 2023-- The Toro Company (NYSE: TTC) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.34 per share. This dividend is payable on April 19, 2023 , to shareholders of record at the close of business on April

09 Mar 2023

The Toro Company Reports Record Results for the First-Quarter of Fiscal 2023

Highlighted by Strong Professional Segment Performance and Improved Profitability Record first-quarter net sales of $1.15 billion , up 23% year over year First-quarter reported diluted EPS of $1.01 , up 53% year over year Record first-quarter *adjusted diluted EPS of $0.98 , up 49% year over year

14 Feb 2023

Renee J. Peterson to Retire as The Toro Company’s Chief Financial Officer

Angela C. Drake elected Chief Financial Officer succeeding Peterson BLOOMINGTON, Minn. --(BUSINESS WIRE)--Feb. 14, 2023-- The Toro Company (NYSE: TTC) today announced that Renee J. Peterson , vice president and chief financial officer, plans to retire in July 2023 . Angela C.

03 Feb 2023

The Toro Company to Announce Fiscal 2023 First Quarter Results

BLOOMINGTON, Minn. --(BUSINESS WIRE)--Feb. 3, 2023-- The Toro Company (NYSE: TTC) announced today that it will release its fiscal 2023 first quarter results on Thursday, March 9 , at approximately 7:30 a.m. CST . The full text of The Toro Company’s earnings release will be available at that time at

02 Feb 2023

The Toro Company Announces Five-Year Commitment to The Atlanta University Center Consortium’s Dual Degree Engineering Program

Newly established partnership will provide a $375,000 grant to support student scholarships, in addition to engineering internships across The Toro Company and its businesses BLOOMINGTON, Minn. --(BUSINESS WIRE)--Feb. 2, 2023-- Continuing a long-standing commitment to furthering education and

21 Dec 2022

The Toro Company Reports Record Results for the Fourth-Quarter and Full-Year Fiscal 2022

Driven by Strong Professional Segment Momentum and Disciplined Execution   Full-year net sales of $4.51 billion , up 14% year over year Full-year reported diluted EPS of $4.20 ; *adjusted diluted EPS of $4.20 , up 16% year over year Fourth-quarter net sales of $1.17 billion , up 22.0% year over

13 Dec 2022

The Toro Company Increases Regular Quarterly Cash Dividend by 13 Percent

BLOOMINGTON, Minn. --(BUSINESS WIRE)--Dec. 13, 2022-- The Toro Company (NYSE: TTC) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.34 per share, an increase of 13 percent over the previous $0.30 per share.

16 Nov 2022

The Toro Company to Announce Fiscal 2022 Full-Year Results

BLOOMINGTON, Minn. --(BUSINESS WIRE)--Nov. 16, 2022-- The Toro Company (NYSE: TTC) announced today that it will release its fiscal 2022 fourth quarter and full-year results on Wednesday, December 21 , at approximately 7:30 a.m. CST . The full text of The Toro Company’s earnings release will be

01 Nov 2022

The Toro Company Announces 2022 Scholarship Recipients Across Its Global Locations

BLOOMINGTON, Minn. (October 24, 2022) – Supporting employees and their families in furthering their education is a core component of The Toro Company’s philanthropic support. As part of this effort, two annual scholarship programs are available to employees and their dependents through both The

18 Oct 2022

The Toro Company to Present at the Baird 52nd Annual Global Industrial Conference

BLOOMINGTON, Minn. --(BUSINESS WIRE)--Oct. 18, 2022-- The Toro Company (NYSE: TTC) announced today that it will present at the Baird 52 nd Annual Global Industrial Conference on Tuesday, November 8, 2022 , at 2:45 p.m. EST . Richard Olson , chairman and chief executive officer, Renee Peterson ,

06 Oct 2022

The Toro Company Recognized by EPA with WaterSense® Excellence Award

EPA recognizes Toro for eighth consecutive year in promoting water efficiency and conservation WASHINGTON --(BUSINESS WIRE)--Oct. 6, 2022-- The U.S. Environmental Protection Agency ( EPA ) today recognized The Toro Company with a 2022 WaterSense Excellence Award for its dedication to helping

20 Sep 2022

The Toro Company Declares Regular Quarterly Cash Dividend

BLOOMINGTON, Minn. --(BUSINESS WIRE)--Sep. 20, 2022-- The Toro Company (NYSE: TTC) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.30 per share. This dividend is payable on October 18, 2022 , to shareholders of record at the close of business on

01 Sep 2022

The Toro Company Reports Record Third-Quarter Fiscal 2022 Results

Highlighted by Strong Professional Segment Performance and Increased Profitability Record third-quarter net sales up 18.8% year over year to $1.16 billion Record third-quarter reported diluted EPS of $1.19 ; *adjusted diluted EPS of $1.19 Operational execution drives gross margin and operating

05 Aug 2022

The Toro Company to Announce Fiscal 2022 Third Quarter Results

BLOOMINGTON, Minn. --(BUSINESS WIRE)--Aug. 5, 2022-- The Toro Company (NYSE: TTC) announced today that it will release its fiscal 2022 third quarter results on Thursday, September 1 , at approximately 7:30 a.m. CDT . The full text of The Toro Company’s earnings release will be available at that

04 Aug 2022

New Leadership Appointment Enhances Focus on Talent Development, Employee Engagement and Strategic Organizational Design

Margeaux M. King Joins The Toro Company as Vice President, Human Resources BLOOMINGTON, Minn. --(BUSINESS WIRE)--Aug. 4, 2022-- The Toro Company (NYSE: TTC) today announced that Margeaux M. King has joined the company as its top human resources officer, effective August 1, 2022 .

03 Aug 2022

Kevin Carpenter Named Among Savoy’s 2022 Most Influential Black Executives in Corporate America

Jill Pemberton who serves on The Toro Company’s Board of Directors also recognized BLOOMINGTON, Minn. --(BUSINESS WIRE)--Aug. 3, 2022-- The Toro Company (NYSE: TTC) is pleased to announce that Savoy Magazine has named Kevin Carpenter , vice president, global operations and integrated supply chain,

28 Jun 2022

The Toro Company Releases 2021 Sustainability Report

Company highlights new sustainability goals and initiatives to drive strategic actions and impact BLOOMINGTON, Minn. --(BUSINESS WIRE)--Jun. 28, 2022-- The Toro Company (NYSE: TTC) today released its Sustainability Report for fiscal 2021, which highlights key achievements, metrics and newly defined

13 Jun 2022

BOSS Products Acquires Liquid Deicing Assets of Voigt Smith Innovation

Acquisition expands product offering and provides entry into the liquid deicing category for BOSS IRON MOUNTAIN, Mich. --(BUSINESS WIRE)--Jun. 13, 2022-- BOSS Products, a division of The Toro Company (NYSE: TTC), today announced that it has acquired the liquid deicing assets of Voigt Smith

02 Jun 2022

The Toro Company Reports Solid Second-Quarter Fiscal 2022 Results

Operational Execution Drives Sequential Quarterly Gross Margin Increase and Improved Full Year Outlook Second-quarter net sales up 8.7% year-over year to $1.25 billion Second-quarter reported diluted EPS of $1.24 ; *Adjusted diluted EPS of $1.25 Sequential gross margin and *adjusted operating

24 May 2022

Toro Launches New Robotic Mower, Delivering on Technological Innovation

Industry-leading features advance company’s commitment to tech-forward property care BLOOMINGTON, Minn. --(BUSINESS WIRE)--May 24, 2022-- Toro is bringing new innovation to the residential yard care category with the launch of a robotic mower that offers cutting-edge, easy to deploy technology and

17 May 2022

The Toro Company Declares Regular Quarterly Cash Dividend

BLOOMINGTON, Minn. --(BUSINESS WIRE)--May 17, 2022-- The Toro Company (NYSE: TTC) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.30 per share. This dividend is payable on July 13, 2022 , to shareholders of record at the close of business on June 22,

06 May 2022

The Toro Company to Announce Fiscal 2022 Second Quarter Results

BLOOMINGTON, Minn. --(BUSINESS WIRE)--May 6, 2022-- The Toro Company (NYSE: TTC) announced today that it will release its fiscal 2022 second quarter results on Thursday, June 2 , at approximately 7:30 a.m. CDT . The full text of The Toro Company’s earnings release will be available at that time at

15 Mar 2022

The Toro Company Elects Two New Board Members

BLOOMINGTON, Minn. --(BUSINESS WIRE)--Mar. 15, 2022-- The Toro Company (NYSE: TTC) today announced the election of Eric Hansotia and Jill Pemberton to its Board of Directors. Both were elected as new directors during the company’s 2022 Annual Meeting of Shareholders.

15 Mar 2022

The Toro Company Declares Regular Quarterly Cash Dividend

BLOOMINGTON, Minn. --(BUSINESS WIRE)--Mar. 15, 2022-- The Toro Company (NYSE: TTC) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.30 per share. This dividend is payable on April 21, 2022 , to shareholders of record at the close of business on April

08 Mar 2022

Sentosa Golf Club Enters 10-Year Partnership with Toro

Agreement includes complete Toro equipment and irrigation package from Jebsen & Jessen BLOOMINGTON, Minn. --(BUSINESS WIRE)--Mar. 8, 2022-- Singapore’s world-renowned Sentosa Golf Club has announced a 10-year partnership with Toro and local Toro distributor, Jebsen & Jessen .

07 Mar 2022

The Toro Company to Present at the Bank of America Global Industrials Conference

BLOOMINGTON, Minn. --(BUSINESS WIRE)--Mar. 7, 2022-- The Toro Company (NYSE: TTC) announced today that it will participate in a virtual fireside chat at the Bank of America Global Industrials Conference on Thursday, March 17, 2022 , at 11:30 a.m. CDT .

Our Company

At The Toro Company, we take great pride in helping our customers enrich the beauty, productivity, and sustainability of the land. Founded in 1914, The Toro Company was built on a tradition of quality and caring relationships. Today, the company is a leading worldwide provider of innovative solutions for the outdoor environment including turf maintenance, snow and ice management, landscape, rental and specialty construction equipment, and irrigation and outdoor lighting solutions. Through a strong network of professional distributors, dealers and retailers in more than 125 countries, we proudly offer a wide range of products across a family of global brands to help golf courses, professional contractors, groundskeepers, agricultural growers, rental companies, government and educational institutions, and homeowners – in addition to many leading sports venues and historic sites around the world.