News Releases

01 Dec 2010

The Toro Company Increases Regular Quarterly Dividend

Authorizes Repurchase of Additional 3 Million Shares BLOOMINGTON, Minn., Dec 01, 2010 (BUSINESS WIRE) -- With a strong cash position, The Toro Company (NYSE: TTC) continues to return value to shareholders through dividend payments and share repurchases.

30 Nov 2010

The Toro Company to Announce Fiscal 2010 Full Year Results

BLOOMINGTON, Minn., Nov 30, 2010 (BUSINESS WIRE) -- The Toro Company (NYSE: TTC) today announced it will release its fiscal 2010 full year results on Tuesday, December 7, 2010, at approximately 7:30 a.m. Central Standard Time (CST). The company will also hold its investor conference call on that

21 Sep 2010

The Toro Company Declares Regular Quarterly Dividend

BLOOMINGTON, Minn., Sep 21, 2010 (BUSINESS WIRE) -- The Toro Company (NYSE: TTC) today announced that its board of directors has declared a regular quarterly cash dividend of 18 cents per share. This dividend is payable on October 18, 2010 to shareholders of record on October 4, 2010.

19 Aug 2010

The Toro Company Reports Fiscal 2010 Third Quarter Results

Sales grow 16.2 percent led by strong performance across all Professional businesses Company delivers net earnings per share of $1.01, up 87 percent from prior year period Increased profitability and lower net working capital drives record 9-month operating cash flow BLOOMINGTON, Minn., Aug 19,

01 Jul 2010

The Toro Company Names Jeffrey M. Ettinger to its Board of Directors

BLOOMINGTON, Minn., Jul 01, 2010 (BUSINESS WIRE) -- The Toro Company (NYSE: TTC) today announced that it has elected Jeffrey M. Ettinger to its Board of Directors, effective immediately. The addition of Mr. Ettinger brings the Toro board to 10 members.

20 May 2010

The Toro Company Reports Fiscal 2010 Second Quarter Results

Strong end-user demand drives sales growth of 12.6 percent Net earnings per share increases 34 percent Company achieves four-year goal to reduce working capital down "into the teens" BLOOMINGTON, Minn., May 20, 2010 (BUSINESS WIRE) --The Toro Company (NYSE: TTC) today reported net earnings of $45.7

18 May 2010

The Toro Company Declares Regular Quarterly Dividend

BLOOMINGTON, Minn., May 18, 2010 (BUSINESS WIRE) --The Toro Company (NYSE: TTC) today announced that its board of directors has declared a regular quarterly cash dividend of 18 cents per share. This dividend is payable on July 9, 2010 to shareholders of record on June 18, 2010.

10 May 2010

Toro Increases Full-Year Guidance Based on Preliminary Second Quarter Results

BLOOMINGTON, Minn., May 10, 2010 (BUSINESS WIRE) --The Toro Company (NYSE:TTC) today announced that its second quarter results are expected to exceed prior guidance. The company now expects year-to-date revenue growth of about 6 percent and second quarter earnings per share to be approximately

30 Apr 2010

The Toro Company Acquires Certain Assets of USPraxis, Inc.

Acquisition broadens Toro's offering of compact utility equipment in the rental and landscape markets BLOOMINGTON, Minn., Apr 30, 2010 (BUSINESS WIRE) --The Toro Company (NYSE: TTC) today announced it has acquired certain assets from USPraxis, Inc., a manufacturer of outdoor power equipment.

16 Mar 2010

The Toro Company Declares Regular Quarterly Dividend

BLOOMINGTON, Minn., Mar 16, 2010 (BUSINESS WIRE) -- The Toro Company (NYSE: TTC) today announced that its board of directors has declared a regular quarterly cash dividend of 18 cents per share. This dividend is payable on April 12, 2010 to shareholders of record on March 29, 2010.

09 Mar 2010

The Toro Company to Webcast its Annual Meeting of Shareholders

BLOOMINGTON, Minn., Mar 09, 2010 (BUSINESS WIRE) -- The Toro Company (NYSE: TTC) will hold its 2010 Annual Meeting of Shareholders on Tuesday, March 16, 2010, at 1:30 p.m. Central Daylight Time (CDT). A live, listen-only webcast of the meeting will be available at www.thetorocompany.com under

22 Feb 2010

"Corrected" UC-Irvine Study Shows Turfgrass to Be Positive Sequester of Carbon

The Toro Company partners with leading researchers to further improve efficiency BLOOMINGTON, Minn., Feb 22, 2010 (BUSINESS WIRE) -- Scientists from the Department of Earth System Science at the University of California - Irvine recently published a paper in the journal Geophysical Research Letters

18 Feb 2010

The Toro Company Reports Fiscal 2010 First Quarter Results

Company delivers net earnings per share of $0.32, up $0.14 from prior year period Field inventory levels continue to decline Improved earnings and working capital drive better cash flow from operations BLOOMINGTON, Minn., Feb 18, 2010 (BUSINESS WIRE) -- The Toro Company (NYSE: TTC) today reported

11 Feb 2010

The Toro Company to Announce Fiscal 2010 First Quarter Results

BLOOMINGTON, Minn., Feb 11, 2010 (BUSINESS WIRE) -- The Toro Company (NYSE: TTC) today announced it will release its fiscal 2010 first quarter results on Thursday, February 18, 2010, at approximately 7:30 a.m. Central Daylight Time (CDT). The company will also hold its investor conference call on

08 Dec 2009

Toro Reports Fiscal 2009 Full Year Results

Company reports fiscal 2009 net earnings per share of $1.73 Focus on liquidity and growing market share guided the company through a difficult year Cash flow from operations totaled $251.5 million driven by implementation of Red Iron Acceptance strategy, asset management and earnings Increased

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.