News Releases

20 Oct 2009

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.

14 Oct 2009

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

22 Sep 2009

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 .

20 Aug 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

13 Aug 2009

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.

11 Aug 2009

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

28 Jul 2009

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

22 Jul 2009

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.

21 May 2009

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

19 May 2009

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 .

18 Mar 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 .

11 Mar 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

19 Feb 2009

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

11 Feb 2009

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.

09 Dec 2008

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

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.