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The Toro Company Names Judy Altmaier Vice President of Operations
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Oct. 20, 2009-- The Toro Company (NYSE: TTC) today announced that Judy Altmaier has joined the company as vice president, operations. She succeeds Sandy Meurlot , who is retiring after seven years with the company.
The Toro Company Acquires Assets of TY-CROP Manufacturing Ltd.
Broadens Toro’s global offering of turf maintenance equipment BLOOMINGTON, Minn. --(BUSINESS WIRE)--Oct. 14, 2009-- The Toro Company (NYSE: TTC) today announced it has acquired certain assets from TY-CROP Manufacturing Ltd. , a leading manufacturer of topdressing and material handling
The Toro Company Declares Regular Quarterly Dividend
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Sep. 22, 2009-- The Toro Company (NYSE: TTC) today announced that its board of directors has declared a regular quarterly cash dividend of 15 cents per share. The dividend is payable on October 19, 2009 to shareholders of record on October 5, 2009 .
Toro Reports Fiscal 2009 Third Quarter Results
Residential segment sales up on higher retail demand for walk power mowers and riding products Company posts net earnings per share of $0.54 Working capital further strengthened as inventories reduced to lowest level in more than a decade Improved asset management continues to drive strong
The Toro Company and TCF Inventory Finance Form Joint Venture to Provide Channel Financing
Red Iron Acceptance, LLC , provides expanded financing capabilities and improves Toro’s working capital position BLOOMINGTON, Minn. --(BUSINESS WIRE)--Aug. 13, 2009-- The Toro Company (NYSE: TTC) today announced the creation of a new joint venture with TCF Inventory Finance, Inc.
The Toro Company Partners with PrimeRevenue and Wells Fargo to Improve Working Capital
Supply Chain Finance seen as key element of working capital strategy BLOOMINGTON, Minn., Aug 11, 2009 (BUSINESS WIRE) -- The Toro Company (NYSE: TTC), a leading worldwide provider of turf and landscape maintenance equipment and precision irrigation systems, has deployed PrimeRevenue's technology
Toro and Advanced Sensor Technology Resolve Wireless Soil Monitoring Dispute
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Jul. 28, 2009-- The Toro Company (NYSE: TTC) announced today that it has agreed to settle all of its outstanding litigation with Advanced Sensor Technology, Inc. The parties’ patent infringement, trade secret, false advertising and other claims and
The Toro Company Authorizes Repurchase of Additional 5 Million Shares
BLOOMINGTON, Minn., Jul 22, 2009 (BUSINESS WIRE) -- The Toro Company (NYSE: TTC) today announced that its board of directors has authorized the repurchase of an additional 5 million shares of common stock in the open market or in privately negotiated transactions.
Toro Reports Fiscal 2009 Second Quarter Results
Solid performance drives net earnings per share of $1.00 Strong execution against working capital initiative enhances liquidity position Cash flow from operations improves $38 million from prior year BLOOMINGTON, Minn. --(BUSINESS WIRE)--May. 21, 2009-- The Toro Company (NYSE: TTC) today reported
The Toro Company Declares Regular Quarterly Dividend
BLOOMINGTON, Minn. --(BUSINESS WIRE)--May. 19, 2009-- The Toro Company (NYSE: TTC) today announced that its board of directors has declared a regular quarterly cash dividend of 15 cents per share. The dividend is payable on July 10, 2009 to shareholders of record on June 19, 2009 .
The Toro Company Declares Regular Quarterly Dividend
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Mar. 18, 2009-- The Toro Company (NYSE: TTC) today announced that its board of directors has declared a regular quarterly cash dividend of 15 cents per share. The dividend is payable on April 13, 2009 to shareholders of record on March 30, 2009 .
The Toro Company To Webcast Its Annual Meeting of Shareholders
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Mar. 11, 2009-- The Toro Company (NYSE: TTC) will hold its 2009 Annual Meeting of Shareholders on Wednesday, March 18, 2009 , at 1:30 p.m. Central Time (CT). A live, listen-only webcast of the meeting will be available at www.thetorocompany.com under Investor
Toro Reports Fiscal 2009 First Quarter Results
Company delivers net earnings per share of $0.18 Residential segment sales flat; Professional segment sales down 22 percent Focused efforts to reduce working capital drive improved balance sheet BLOOMINGTON, Minn. --(BUSINESS WIRE)--Feb. 19, 2009-- The Toro Company (NYSE: TTC) today reported net
Toro Announces Multiple Cost Saving Measures in Response to Global Recession
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Feb. 11, 2009-- The Toro Company (NYSE: TTC) today announced that it will reduce its worldwide salaried and office workforce by approximately 100 employees to better align the company’s cost structure with the current economic and business environment.
Toro Reports Fiscal 2008 Full Year Results
Company reports net earnings per share of $3.10 International sales grow 12 percent offsetting weakness in domestic business Improved asset management drives record operating cash flow BLOOMINGTON, Minn.--(BUSINESS WIRE)-- Dec. 9, 2008 --The Toro Company (NYSE: TTC) today reported net earnings of