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The Toro Company and Tractor Supply Company Announce Strategic Partnership
Select Toro zero-turn mowers, walk mowers and portable power equipment will be available at Tractor Supply locations nationwide, starting spring of 2020 BLOOMINGTON, Minn. & BRENTWOOD, Tenn. --(BUSINESS WIRE)--Sep. 5, 2019-- The Toro Company (NYSE: TTC) and Tractor Supply Company (NASDAQ: TSCO)
The Toro Company Reports Third Quarter Results
Strength of Charles Machine Works drives third quarter sales increase of 27.9 percent to $838.7 million On track to achieve acquisition integration and synergy targets Reported quarterly EPS of $0.56 ; adjusted quarterly EPS of $0.83 Full-year adjusted EPS guidance narrowed to about $2.92 to $3.00
The Toro Company to Announce Fiscal 2019 Third Quarter Results
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Aug. 15, 2019-- The Toro Company (NYSE: TTC) today announced that it will release its fiscal 2019 third quarter results on Thursday, August 22, 2019 , at approximately 7:30 a.m. CDT . The full text of The Toro Company’s earnings release will be available at
The Toro Company Announces New Underground Construction Business Strategy
New strategy will best serve customers, leverage world-class channel partners and position the company for future growth BLOOMINGTON, Minn. --(BUSINESS WIRE)--Aug. 1, 2019-- The Toro Company today announced that it is realigning the organizational structure for its underground construction
The Toro Company Reports Second Quarter Results
Acquisition of Charles Machine Works completed ahead of schedule with favorable first month results Second quarter sales increase 9.9 percent to $962.0 million , fueled by acquisition Reported quarterly EPS of $1.07 ; adjusted quarterly EPS of $1.17 New full-year EPS guidance of $2.90 to $3.00 and
The Toro Company Declares Regular Quarterly Cash Dividend
BLOOMINGTON, Minn. --(BUSINESS WIRE)--May 21, 2019-- The Toro Company (NYSE: TTC) today announced that its board of directors has declared a regular quarterly cash dividend of $0.225 per share. This dividend is payable on July 11, 2019 , to shareholders of record on June 25, 2019 .
The Toro Company to Announce Fiscal 2019 Second Quarter Results
BLOOMINGTON, Minn. --(BUSINESS WIRE)--May 16, 2019-- The Toro Company (NYSE: TTC) today announced that it will release its fiscal 2019 second quarter results on Thursday, May 23, 2019 , at approximately 7:30 a.m. CDT . The full text of The Toro Company’s earnings release will be available at that
Hazeltine National Golf Club Enters Long-Term Agreement With Toro
The Toro Company and Toro distributor, MTI Distributing, have finalized an 11-year equipment and tournament support agreement with Hazeltine National Golf Club in Chaska, Minn. Leaders from Hazeltine National and Toro gathered at the course on April 26, 2019, for a ceremonial agreement signing.
Legendary Toro Performance Now Available in Lithium-Ion Battery-Powered Line
The legendary performance of Toro’s gas-powered products is now available in a battery-powered line. The company has just introduced three new mowers, a leaf blower and a string trimmer with Toro’s new Flex-Force Power System™ featuring 60V1lithium-ion technology. A 60V snowblower will be available later in 2019.
The Toro Company Completes Acquisition of Charles Machine Works
Parent Company of Market-Leading Ditch Witch BLOOMINGTON, Minn. --(BUSINESS WIRE)--Apr. 1, 2019-- The Toro Company (NYSE: TTC) today announced that it has successfully completed its acquisition of privately held The Charles Machine Works, Inc. , an Oklahoma corporation and the parent company of
Jeffrey L. Harmening and Joyce A. Mullen Join The Toro Company Board of Directors
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Mar. 20, 2019-- On March 19, 2019 , The Toro Company (NYSE: TTC) held its annual meeting of shareholders at which two long-standing directors, Robert C. Buhrmaster and Christopher A. Twomey , retired from Toro’s Board of Directors and two new directors, Jeffrey
The Toro Company Declares Regular Quarterly Cash Dividend
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Mar. 19, 2019-- The Toro Company (NYSE: TTC) today announced that its board of directors has declared a regular quarterly cash dividend of $0.225 per share. This dividend is payable on April 12, 2019 , to shareholders of record on April 1, 2019 .
The Toro Company to Webcast 2019 Annual Meeting of Shareholders
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Mar. 12, 2019-- The Toro Company (NYSE: TTC) today announced that it will webcast its 2019 Annual Meeting of Shareholders to be held on Tuesday, March 19, 2019 , at 1:30 p.m. CDT . A live, listen-only webcast of the meeting will be available at
The Toro Company to Present at Raymond James 40th Annual Institutional Investors Conference
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Feb. 26, 2019-- The Toro Company (NYSE: TTC) today announced that it will present at the upcoming Raymond James 40th Annual Institutional Investors Conference at the JW Marriott Orlando, Grande Lakes , in Florida on Monday, March 4, 2019 .
The Toro Company Reports Record First Quarter Results
First quarter sales increase 10 percent to a record $603.0 million Reported quarterly EPS of $0.55 ; adjusted quarterly EPS of $0.51 , up 6.3 percent over comparable 2018 period adjusted EPS of $0.48 , includes $0.03 acquisition related expenses Strength of new products across the portfolio drove
The Toro Company to Acquire The Charles Machine Works, Inc.
Parent Company of a Strong Portfolio of Underground Construction Brands Including Market-Leading Ditch Witch BLOOMINGTON, Minn. --(BUSINESS WIRE)--Feb. 15, 2019-- The Toro Company (NYSE: TTC) today announced that it has entered into a definitive agreement to acquire privately-held The Charles
The Toro Company to Announce Fiscal 2019 First Quarter Results
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Feb. 14, 2019-- The Toro Company (NYSE: TTC) today announced that it will release its fiscal 2019 first quarter results on Thursday, February 21, 2019 , at approximately 7:30 a.m. CST . The full text of Toro’s earnings release will be available at that time at
Toro Introduces All-New Electric Riding Greensmower
Toro announces the launch of the most advanced, all-electric riding greensmower on the market, the Toro® Greensmaster® eTriFlex™ Series. The new eTriFlex carries no hydraulic fluid and utilizes all-electric components for traction, steering, lift and cutting units. These new “EnergySmart™” models deliver an operationally friendly design with noise reductions, operational cost savings, and other meaningful improvements to complement the ever-important enhancements in cutting performance.
Toro Celebrates 100 Years Serving the Golf Industry
The Toro Company has reached the 100-year mark in serving the golf industry. In 1919, Toro developed the industry’s first motorized fairway mower, the Toro Standard Golf Machine, for The Minikahda Club, in Minneapolis, Minnesota. By mounting five individual reel mowers onto the front of a farm tractor, Toro helped courses increase productivity by replacing the labor and time intensive use of horse-drawn equipment.
Toro Introduces a New Legend in Walk Greensmowers
Toro is proud to announce the launch of the all-new Greensmaster® 1000 Series fixed-head walk greens mowers. This revolutionary new series of fixed-head greensmowers, with several patent-pending features, was designed to eliminate variability in the walk mowing process by integrating operators of all sizes and skill levels to work in harmony with the machine. Ultimately, the desired result was to improve the operator experience and deliver the most consistent quality-of-cut and playability for golfers on each and every green.
The Toro Company Announces Land. Water. Thrive. 2018 Grant Recipients
With a commitment to supporting our communities and enhancing outdoor environments, The Toro Company is pleased to announce the 2018 grant recipients for its Greenspace Enhancement Grant Program. In connection with the company’s Land. Water. Thrive. global initiative, Toro is helping support organizations in their efforts to revitalize parks and greenspaces, and the outdoors of our neighborhoods and schools.
Toro Introduces Revolutionary Dingo TXL 2000
Representing a continuation of 20 years of innovation in the compact utility loader (CUL) equipment category, Toro introduces the all-new Toro® Dingo® TXL 2000. The latest model features telescoping arms to allow the TXL 2000 to reach over obstacles, dig below grade, and generally extend the operator’s working range. This equipment solution consolidates the benefits of several machines into one to perform a variety of tasks on the jobsite.
The Toro Company Reports Record Fiscal 2018 Results
Full-year revenue up 4.5 percent over prior year to a record $2.6 billion with rebound by residential segment in second half of 2018 Professional segment grew 7.5 percent in 2018 due to strong performance across all businesses Reported full-year EPS of $2.50 ; adjusted full-year EPS of $2.67 , up
The Toro Company to Announce Fiscal 2018 Full-Year Results
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Nov. 29, 2018-- The Toro Company (NYSE: TTC) today announced that it will release its fiscal 2018 full-year results on Thursday, December 6, 2018 , 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 2018 Global Industrial Conference
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Oct. 30, 2018-- The Toro Company (NYSE: TTC) today announced that it will present at Baird’s 48 th annual Global Industrial Conference on November 6, 2018 , at the Four Seasons Hotel Chicago . Rick Olson , Toro’s chairman and chief executive officer, is
The Toro Company Declares Regular Quarterly Cash Dividend
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Sep. 18, 2018-- The Toro Company (NYSE: TTC) today announced that its board of directors has declared a regular quarterly cash dividend of $0.20 per share. This dividend is payable on October 17, 2018 , to shareholders of record on October 3, 2018 .
The Toro Company Reports Record Fiscal 2018 Third Quarter Results
Residential segment sales up 9.5 percent, rebounding nicely from the late start to spring Reported quarterly EPS of $0.73 ; adjusted quarterly EPS of $0.68 , up 17.2 percent over comparable 2017 period adjusted EPS of $0.58 Third quarter net sales increase 4.4 percent to a record $655.8 million
The Toro Company to Announce Fiscal 2018 Third Quarter Results
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Aug. 16, 2018-- The Toro Company (NYSE: TTC) today announced that it will release its fiscal 2018 third quarter results on Thursday, August 23, 2018 , 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 Reports Record Second Quarter Results
Professional businesses deliver strong results driving quarterly and year-to-date performance Reported quarterly EPS of $1.21 ; adjusted quarterly EPS of $1.20 , up 22.4 percent over comparable 2017 period adjusted EPS of $0.98 Second quarter net sales increase 0.3 percent to $875.3 million
The Toro Company to Announce Fiscal 2018 Second Quarter Results
BLOOMINGTON, Minn. --(BUSINESS WIRE)--May 17, 2018-- The Toro Company (NYSE: TTC) today announced that it will release its fiscal 2018 second quarter results on Thursday, May 24, 2018 , 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 15, 2018-- The Toro Company (NYSE: TTC) today announced that its board of directors has declared a regular quarterly cash dividend of $0.20 per share. This dividend is payable on July 11, 2018 , to shareholders of record on June 22, 2018 .
The Toro Company Declares Regular Quarterly Cash Dividend
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Mar. 20, 2018-- The Toro Company (NYSE: TTC) today announced that its board of directors has declared a regular quarterly cash dividend of $0.20 per share. This dividend is payable on April 18, 2018 , to shareholders of record on April 4, 2018 .
The Toro Company Acquires L.T. Rich Products, Manufacturer of Spreader/Sprayers, Aerators and Snow and Ice Management Equipment
Acquisition expands product offering to landscape contractors and grounds professionals BLOOMINGTON, Minn. --(BUSINESS WIRE)--Mar. 19, 2018-- The Toro Company (NYSE: TTC) today announced that it has acquired L.T. Rich Products , a leading manufacturer of commercial zero-turn spreader/sprayers,
The Toro Company to Webcast 2018 Annual Meeting of Shareholders
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Mar. 13, 2018-- The Toro Company (NYSE: TTC) today announced that it will webcast its 2018 Annual Meeting of Shareholders to be held on Tuesday, March 20, 2018 , at 1:30 p.m. (CDT) . A live, listen-only webcast of the meeting will be available at
The Toro Company Reports Record First Quarter Results
First quarter sales increase 6.3 percent to a record $548.2 million Professional businesses deliver strong results driving quarterly performance Reported EPS of $0.21 , which includes a one-time $0.30 EPS reduction due to U.S. tax reform Adjusted EPS of $0.48 , a 29.7 percent increase over the
The Toro Company to Announce Fiscal 2018 First Quarter Results
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Feb. 15, 2018-- The Toro Company (NYSE: TTC) today announced that it will release its fiscal 2018 first quarter results on Thursday, February 22, 2018 , at approximately 7:30 a.m. (CST) . The full text of Toro’s earnings release will be available at that time
The Toro Company Invests in GreenSight Agronomics for Drone Mapping of Golf Courses
Exclusive relationship will further Toro’s efforts in turf sensing technology to help golf course professionals improve turf and water management practices BLOOMINGTON, Minn. --(BUSINESS WIRE)--Feb. 6, 2018-- The Toro Company (NYSE: TTC) today announced a strategic minority equity investment in
The Toro Company Reports Record Fiscal 2017 Results
Net earnings per share for fiscal 2017 up 17.0 percent to a record $2.41 Growth across several professional categories drove solid performance for the year Company completes Destination PRIME and launches Vision 2020 Quarterly cash dividend increased 14.3 percent to $0.20 per share BLOOMINGTON,
Dr. Michael G. Vale To Join The Toro Company Board of Directors
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Dec. 5, 2017-- The Toro Company (NYSE: TTC) today announced that Michael G. Vale , Ph.D., will join its board of directors on January 1, 2018 . The addition of Dr. Vale will bring the Toro board to 11 members. Vale, 51, currently serves as the executive vice
The Toro Company to Announce Fiscal 2017 Full Year Results
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Nov. 30, 2017-- The Toro Company (NYSE: TTC) today announced that it will release its fiscal 2017 full year results on Thursday, December 7, 2017 , 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 2017 Global Industrial Conference
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Nov. 1, 2017-- The Toro Company (NYSE: TTC) today announced that it will present at Baird’s 47 th annual Global Industrial Conference on November 8, 2017 , at the Four Seasons Hotel Chicago . Renee Peterson , Toro’s vice president, treasurer and chief financial
The Toro Company Declares Regular Quarterly Cash Dividend
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Sep. 19, 2017-- The Toro Company (NYSE: TTC) today announced that its board of directors has declared a regular quarterly cash dividend of $0.175 per share. This dividend is payable on October 12, 2017 , to shareholders of record on September 29, 2017 .
The Toro Company Announces Michael J. Hoffman's Retirement from the Board and the Election of Richard M. Olson as Chairman
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Sep. 5, 2017-- The Toro Company (NYSE: TTC) today announced that Michael J. Hoffman , chairman of the board, will retire from the company’s board of directors, effective November 3, 2017 . The Company’s president and CEO, Richard M.
The Toro Company Reports Record Third Quarter Results
Net earnings per share for the quarter up 22 percent to a record $0.61 Third quarter sales increase 4.5 percent to a record $627.9 million Strong results driven by increased demand for professional segment products BLOOMINGTON, Minn. --(BUSINESS WIRE)--Aug.
The Toro Company to Announce Fiscal 2017 Third Quarter Results
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Aug. 17, 2017-- The Toro Company (NYSE: TTC) today announced that it will release its fiscal 2017 third quarter results on Thursday, August 24, 2017 , 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 Reports Record Second Quarter Results
Strong performance in both the professional and residential segments drove record revenue for the quarter Net earnings per share for the quarter reached a record $1.08 Innovative new products well received by customers BLOOMINGTON, Minn. --(BUSINESS WIRE)--May 25, 2017-- The Toro Company (NYSE:
The Toro Company to Announce Fiscal 2017 Second Quarter Results
BLOOMINGTON, Minn. --(BUSINESS WIRE)--May 18, 2017-- The Toro Company (NYSE: TTC) today announced that it will release its fiscal 2017 second quarter results on Thursday, May 25, 2017 , 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 16, 2017-- The Toro Company (NYSE: TTC) today announced that its board of directors has declared a regular quarterly cash dividend of $0.175 per share. This dividend is payable on July 12, 2017 , to shareholders of record on June 23, 2017 .
The Toro Company Declares Regular Quarterly Cash Dividend
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Mar. 21, 2017-- The Toro Company (NYSE: TTC) today announced that its board of directors has declared a regular quarterly cash dividend of $0.175 per share. This dividend is payable on April 12, 2017 , to shareholders of record on March 31, 2017 .
The Toro Company to Webcast 2017 Annual Meeting of Shareholders
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Mar. 14, 2017-- The Toro Company (NYSE: TTC) today announced that it will webcast its 2017 Annual Meeting of Shareholders to be held on Tuesday, March 21, 2017 , at 1:30 p.m. (CDT) . A live, listen-only webcast of the meeting will be available at