News Releases
Keyword Search
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