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The Toro Company Reports Solid First-Quarter Fiscal 2022 Results
Drives Quarter over Quarter Sequential Gross Margin Improvement In a Dynamic Operating Environment First-quarter net sales up 6.8% compared to the same prior year period, to $932.7 million ; Professional segment net sales up 3.5%, Residential segment net sales up 17.3% First-quarter reported and
The Toro Company to Present at the Raymond James 43rd Annual Institutional Investors Conference
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Feb. 18, 2022-- The Toro Company (NYSE: TTC) announced today that it will present to investors attending the Raymond James 43 rd Annual Institutional Investors Conference on Tuesday, March 8, 2022 , at 8 a.m. EST .
The Toro Company to Announce Fiscal 2022 First Quarter Results
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Feb. 4, 2022-- The Toro Company (NYSE: TTC) announced today that it will release its fiscal 2022 first quarter results on Thursday, March 3 , at approximately 7:30 a.m. CST . The full text of The Toro Company’s earnings release will be available at that time at
The Toro Company Acquires Intimidator Group, Manufacturer of Spartan Mowers
Acquisition expands position in attractive zero-turn mower markets BLOOMINGTON, Minn. --(BUSINESS WIRE)--Jan. 14, 2022-- The Toro Company (NYSE: TTC) today announced that it has acquired privately-held Intimidator Group , based in Batesville, Arkansas .
The Toro Company Reports Record Full-Year Fiscal 2021 Results
Double-Digit Net Sales Growth in Both Segments in the Fourth Quarter Full-year reported diluted EPS of $3.78 ; *Adjusted diluted EPS of $3.62 , up 19.9% year over year Fourth-quarter net sales up 14.2% year over year to $960.7 million ; Professional segment net sales up 13.7%, Residential segment
The Toro Company Increases Regular Quarterly Cash Dividend
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Dec. 14, 2021-- The Toro Company (NYSE: TTC) today announced that its board of directors has declared a $0.30 per share regular quarterly cash dividend, an increase of 14 percent over the previous $0.2625 per share.
Toro Selected as a Founding Partner of The R&A’s New Community Golf Facility
Toro to supply course maintenance and irrigation equipment to a new community golf facility at Lethamhill, Glasgow BLOOMINGTON, Minn. (December 7) - The R&A has named The Toro Company as a Founding Partner and Official Golf Course Maintenance Partner for its planned community golf facility at
The Toro Company to Announce Fiscal 2021 Full-Year Results
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Nov. 12, 2021-- The Toro Company (NYSE: TTC) announced today that it will release its fiscal 2021 fourth quarter and full-year results on Wednesday, December 15 , at approximately 7:30 a.m. CST . The full text of The Toro Company’s earnings release will be
The Toro Company New Leadership Appointments Highlight Commitment to Operational Excellence and Sustainability
Kevin Carpenter to Join as Vice President, Global Operations and Integrated Supply Chain Blake Grams Named Vice President, Sustainability, Business Analytics and Process Improvement BLOOMINGTON, Minn. --(BUSINESS WIRE)--Nov. 11, 2021-- The Toro Company (NYSE: TTC) announced today that Kevin
The Toro Company Recognized by EPA With WaterSense® Excellence Award
EPA recognizes Toro for sixth consecutive year for efforts in promoting water efficiency and conservation WASHINGTON --(BUSINESS WIRE)--Oct. 13, 2021-- The U.S. Environmental Protection Agency ( EPA ) today recognized The Toro Company with a 2021 WaterSense Excellence Award for its dedication to
The Toro Company Declares 150th Consecutive Quarterly Cash Dividend
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Sep. 21, 2021-- With a continued focus on creating and returning value to shareholders, The Toro Company (NYSE: TTC) today announced its 150 th consecutive quarterly cash dividend. The company’s board of directors declared a regular quarterly cash dividend of
The Toro Company Reports Record Third-Quarter Fiscal 2021 Results
Continued Broad-Based Demand Across Professional and Residential Segments Third-quarter net sales up 16.2% year over year to $977 million ; Professional segment net sales up 15.2%, Residential segment net sales up 23.0% Reported diluted EPS of $0.89 ; *Adjusted diluted EPS of $0.92 , up 12.2% year
The Toro Company to Announce Fiscal 2021 Third Quarter Results
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Aug. 9, 2021-- The Toro Company (NYSE: TTC) today announced that it will release its fiscal 2021 third quarter results on Thursday, September 2 , at approximately 7:30 a.m. CDT . The full text of The Toro Company’s earnings release will be available at that
The Toro Company Reports Strong Second-Quarter Fiscal 2021 Results
Broad-Based Demand and Operational Execution Drive Record Results for Both Segments Second-quarter net sales up 23.6% year over year, to $1.15 billion ; Professional segment net sales up 25.3%, Residential segment net sales up 20.2% Reported diluted EPS of $1.31 ; *Adjusted diluted EPS of $1.29 ,
The Toro Company Declares Regular Quarterly Cash Dividend
BLOOMINGTON, Minn. --(BUSINESS WIRE)--May 18, 2021-- The Toro Company (NYSE: TTC) today announced that its board of directors has declared a regular quarterly cash dividend of $0.2625 per share. This dividend is payable on July 14, 2021 , to shareholders of record on June 22, 2021 .
The Toro Company to Announce Fiscal 2021 Second Quarter Results
BLOOMINGTON, Minn. --(BUSINESS WIRE)--May 3, 2021-- The Toro Company (NYSE: TTC) today announced that it will release its fiscal 2021 second quarter results on Thursday, June 3 , at approximately 7:30 a.m. CDT . The full text of The Toro Company’s earnings release will be available at that time at
The Toro Company Declares Regular Quarterly Cash Dividend
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Mar. 16, 2021-- The Toro Company (NYSE: TTC) today announced that its board of directors has declared a regular quarterly cash dividend of $0.2625 per share. This dividend is payable on April 20, 2021 , to shareholders of record on April 5, 2021 .
The Toro Company 2021 Annual Meeting of Shareholders
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Mar. 11, 2021-- The Toro Company (NYSE: TTC) will hold its 2021 Annual Meeting of Shareholders in a virtual-only format on Tuesday, March 16, 2021 , at 1:30 p.m. CDT . Shareholders of record as of the close of business on January 19, 2021 , will be eligible to
The Toro Company Reports Strong First-Quarter Fiscal 2021 Results
Professional Landscape Contractor Sales and Residential Snow Products Drive Performance Net sales of $873.0 million , up 13.7% year over year; Professional segment net sales up 9.3%, Residential segment net sales up 31.3% Reported diluted EPS of $1.02 ; *Adjusted diluted EPS of $0.85 , up 32.8%
The Toro Company Acquires Left Hand Robotics, Inc.
Acquisition of autonomous capabilities advances The Toro Company’s technology strategy BLOOMINGTON, Minn. --(BUSINESS WIRE)--Mar. 2, 2021-- The Toro Company (NYSE: TTC) today announced that it has acquired Left Hand Robotics, Inc. The acquisition supports The Toro Company’s strategy of leadership
The Toro Company to Announce Fiscal 2021 First Quarter Results
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Feb. 12, 2021-- The Toro Company (NYSE: TTC) today announced that it will release its fiscal 2021 first quarter results on Thursday, March 4 , at approximately 7:30 a.m. CST . The full text of Toro’s earnings release will be available at that time at
The Toro Company Reports Strong Fourth-Quarter and Full-Year Fiscal 2020 Results
Professional Segment Acquisitions and Residential Segment Performance Drive Results Q4 net sales of $841 million , up 14.5% year over year FY20 net sales of $3.38 billion , up 7.7% versus last year; residential segment net sales up 24.1% Q4 reported diluted EPS of $0.66 ; *Adjusted diluted EPS
The Toro Company Declares Regular Quarterly Cash Dividend
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Dec. 1, 2020-- The Toro Company (NYSE: TTC) today announced that its board of directors has declared a regular quarterly cash dividend of $0.2625 per share, a 5 percent increase from its previous quarterly dividend rate of $0.25 per share.
The Toro Company to Announce Fiscal 2020 Full-Year Results
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Nov. 16, 2020-- The Toro Company (NYSE: TTC) today announced that it will release its fiscal 2020 full-year results on Wednesday, December 16 , at approximately 7:30 a.m. CST . The full text of Toro’s earnings release will be available at that time at
The Toro Company Wins WaterSense® Excellence Award Again!
EPA program recognizes water management leader for fifth consecutive year WASHINGTON --(BUSINESS WIRE)--Oct. 8, 2020-- The U.S. Environmental Protection Agency ( EPA ) has again recognized The Toro Company with a 2020 WaterSense Excellence Award for promoting WaterSense ® and water efficiency in
OPEI Board of Directors Appoints New Leadership
Rick Olson, Chairman and CEO, The Toro Company, Assumes OPEI Board Chairmanship Alexandria, Va. – The Board of Directors of the Outdoor Power Equipment Institute (OPEI) announces new leadership at the helm, with the appointment of Rick Olson, Chairman and CEO, The Toro Company as Chairman.
Toro Named Worldwide Supplier To The Ryder Cup Through 2029
Agreement with PGA of America and Ryder Cup Europe encompasses all five Ryder Cups to be played this decade PALM BEACH GARDENS, Fla. (September 23, 2020) 一 Toro, a leading worldwide provider of innovative solutions for the outdoor environment, has been named the official Turf Maintenance Equipment
The Toro Company Declares Regular Quarterly Cash Dividend
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Sep. 15, 2020-- The Toro Company (NYSE: TTC) today announced that its board of directors has declared a regular quarterly cash dividend of $0.25 per share. This dividend is payable on October 9, 2020 , to shareholders of record on September 28, 2020 .
The Toro Company Reports Third-Quarter Fiscal 2020 Results
Residential Segment Retail Demand and Incremental Venture Products Sales Key Drivers of Performance Net sales of $841 million , up 0.3% year over year Reported and *adjusted diluted EPS of $0.82 Residential segment net sales up 38% on strong retail demand Strong liquidity position of nearly $1
The Toro Company to Announce Fiscal 2020 Third Quarter Results
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Aug. 17, 2020-- The Toro Company (NYSE: TTC) today announced that it will release its fiscal 2020 third quarter results on Thursday, September 3 , at approximately 7:30 a.m. CDT . The full text of Toro’s earnings release will be available at that time at
The Toro Company and The Hoffman Family Foundation Announce Gift to the University of St. Thomas in Honor of Kendrick B. Melrose
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Jul. 31, 2020-- The Toro Company (TTC), in partnership with retired TTC chairman and CEO Mike Hoffman and his wife, Tami, today announced a $3 million gift to the University of St. Thomas in Saint Paul, Minnesota , in honor of the late Kendrick B.
The Toro Company Announces Launch of Sustainability Endures Platform
Further strengthens TTC’s commitment to make a positive impact financially, socially and environmentally worldwide BLOOMINGTON, Minn. --(BUSINESS WIRE)--Jul. 29, 2020-- The Toro Company (NYSE: TTC) today announced the launch of its Sustainability Endures platform, which will strengthen TTC’s
The Toro Company Reports Second Quarter Fiscal 2020 Results
Acquisitions and Residential Segment Growth Partially Offset COVID-19 Related Impacts Net sales of $929.4 million , down 3.4% year-over-year, driven by COVID-19 impacts Reported diluted EPS of $0.91 , and *adjusted EPS of $0.92 Residential segment up 12.9% on mass retail strength and strong retail
The Toro Company to Announce Fiscal 2020 Second Quarter Results
BLOOMINGTON, Minn. --(BUSINESS WIRE)--May 26, 2020-- The Toro Company (NYSE: TTC) today announced that it will release its fiscal 2020 second quarter results on Thursday, June 4 , at approximately 7:30 a.m. CDT . The full text of Toro’s earnings release will be available at that time at
The Toro Company Declares Regular Quarterly Cash Dividend
BLOOMINGTON, Minn. --(BUSINESS WIRE)--May 19, 2020-- The Toro Company (NYSE: TTC) today announced that its board of directors has declared a regular quarterly cash dividend of $0.25 per share. This dividend is payable on July 9, 2020 , to shareholders of record on June 22, 2020 .
The Toro Company Remembers Ken Melrose, Legendary Former Chairman and CEO
BLOOMINGTON, Minn. (May 5, 2020) – Kendrick “Ken” B. Melrose, legendary former chairman and chief executive officer of The Toro Company, passed away Sunday, May, 3, 2020, at the age of 79. Ken was an extraordinary person, whose wide-ranging accomplishments were driven by his unwavering commitment
The Toro Company Takes Additional Proactive Actions in Response to COVID-19 Pandemic
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Apr. 30, 2020-- The Toro Company (NYSE: TTC) today announced additional proactive actions it is taking to mitigate anticipated impacts of the COVID-19 pandemic on its business. Richard M. Olson , The Toro Company’s chairman and chief executive officer said,
The Toro Company Gives $500,000 to Global Coronavirus Relief Efforts
Funds will assist nonprofits worldwide in effort to help those most vulnerable BLOOMINGTON, Minn. --(BUSINESS WIRE)--Apr. 20, 2020-- The Toro Company today announced that it is giving $500,000 to assist families and communities worldwide that have been impacted by the COVID-19 pandemic.
The Toro Company Provides Business Updates Related to COVID-19 Impact
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Mar. 30, 2020-- The Toro Company (NYSE: TTC) today provided a business update on the actions it is taking as a result of the novel coronavirus (COVID-19) pandemic. Richard M. Olson , The Toro Company’s chairman and chief executive officer said, “As the events
The Toro Company Declares Regular Quarterly Cash Dividend
BLOOMINGTON, Minn. --(BUSINESS WIRE)-- The Toro Company (NYSE: TTC) today announced that its board of directors has declared a regular quarterly cash dividend of $0.25 per share. This dividend is payable on April 9, 2020 , to shareholders of record on March 30, 2020 .
The Toro Company Provides Additional Information Regarding Its 2020 Annual Meeting of Shareholders
BLOOMINGTON, Minn. --(BUSINESS WIRE)-- The Toro Company (NYSE: TTC) today announced that in light of the global circumstances surrounding the novel coronavirus (COVID-19), it is encouraging the investment community and other interested stakeholders to participate in the company’s 2020 Annual
The Toro Company to Webcast 2020 Annual Meeting of Shareholders
BLOOMINGTON, Minn. --(BUSINESS WIRE)-- The Toro Company (NYSE: TTC) today announced that it will webcast its 2020 Annual Meeting of Shareholders to be held on Tuesday, March 17, 2020 , at 1:30 p.m. CDT . A live, listen-only webcast of the meeting will be available at www.thetorocompany.com/invest .
The Toro Company Reports First Quarter Fiscal 2020 Results
Charles Machine Works and Residential Segment Key Drivers of Strong Q1 Performance Net sales increased 27.3% compared to the same prior-year period Reported diluted EPS up 18.2%, and *adjusted diluted EPS up 20.8%, compared to the same prior-year period Maintains full-year adjusted EPS guidance
The Toro Company Completes Acquisition of Venture Products, Inc., Manufacturer of Ventrac Products
BLOOMINGTON, Minn. --(BUSINESS WIRE)-- The Toro Company (NYSE: TTC) today announced that it has successfully completed its acquisition of privately-held Venture Products, Inc. , the manufacturer of Ventrac-branded products. Based in Orrville, Ohio , Ventrac is a leading manufacturer of articulating
The Toro Company to Announce Fiscal 2020 First Quarter Results
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Feb. 13, 2020-- The Toro Company (NYSE: TTC) today announced that it will release its fiscal 2020 first quarter results on Thursday, March 5 , at approximately 7:30 a.m. CST . The full text of Toro’s earnings release will be available at that time at
The Toro Company to Acquire Venture Products, Inc., Manufacturer of Ventrac Products
Acquisition expands product portfolio with leader of articulating turf, landscape and snow equipment BLOOMINGTON, Minn. --(BUSINESS WIRE)--Jan. 21, 2020-- The Toro Company (NYSE: TTC) today announced that it has entered into an agreement to acquire privately-held Venture Products, Inc.
The Toro Company Reports Fiscal 2019 Results
Charles Machine Works Acquisition and Snow Products Contribute to Strong Q4 and Full-Year Performance Full-year net sales increased 19.8% over prior fiscal year to a record $3.1 billion Reported full-year diluted EPS up 1.2% over prior fiscal year; *Adjusted full-year diluted EPS up 12.4% over
The Toro Company Declares Regular Quarterly Cash Dividend
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Dec. 3, 2019-- The Toro Company (NYSE: TTC) today announced that its board of directors has declared a regular quarterly cash dividend of $0.25 per share, an 11.1 percent increase from its previous quarterly dividend rate of $0.225 per share.
The Toro Company to Announce Fiscal 2019 Full-Year Results
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Nov. 19, 2019-- The Toro Company (NYSE: TTC) today announced that it will release its fiscal 2019 full-year results on Wednesday, December 18, 2019 , at approximately 7:30 a.m. CST . The full text of Toro’s earnings release will be available at that time at
The Toro Company to Present at Baird's 2019 Global Industrial Conference
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Oct. 30, 2019-- The Toro Company (NYSE: TTC) today announced that it will present at the upcoming Baird 2019 Global Industrial Conference at the Four Seasons Hotel Chicago on Wednesday, November 6, 2019 . Rick Olson , chairman and chief executive officer for