News Releases

17 Aug 2007

The Toro Company Acquires Rain Master Irrigation Systems

Rain Master products become part of the company's Irritrol(R) line; Strengthens position in the central controller market BLOOMINGTON, Minn.--(BUSINESS WIRE)--Aug. 17, 2007--The Toro Company (NYSE:TTC) today announced it has acquired Rain Master Irrigation Systems, a manufacturer of irrigation

02 Aug 2007

The Toro Company Donates Equipment To Assist In 35W Recovery Efforts

Provides six Toro(R) Workman(R) utility vehicles to shuttle workers, haul supplies BLOOMINGTON, Minn.--(BUSINESS WIRE)--Aug. 2, 2007--At the request of the City of Minneapolis, The Toro Company this morning provided recovery crews assisting in the 35W bridge collapse with six Toro Workman utility

24 May 2007

Toro Reports Record Second Quarter Sales and Earnings

Net Earnings Per Share Up 13.5 Percent to $1.77; Board Approves Stock Repurchase Authorization of 3 Million Additional Shares BLOOMINGTON, Minn.--(BUSINESS WIRE)--May 24, 2007--The Toro Company (NYSE:TTC) today reported record net sales and net earnings for its fiscal 2007 second quarter ended May

22 May 2007

The Toro Company Elects Timothy P. Dordell As Vice President, Secretary and General Counsel

BLOOMINGTON, Minn.--(BUSINESS WIRE)--May 22, 2007--The board of directors of The Toro Company (NYSE:TTC) today elected Timothy P. Dordell as vice president, secretary and general counsel. Dordell, 44, joined the company on November 6, 2006, as vice president, deputy general counsel.

24 Apr 2007

The Toro Company Announces Public Offering Of Senior Notes

BLOOMINGTON, Minn.--(BUSINESS WIRE)--April 24, 2007--The Toro Company (NYSE:TTC) today announced that it has agreed to sell $125 million aggregate principal amount of 6.625% unsecured senior notes due May 1, 2037 in an underwritten public offering. Toro intends to use the proceeds of the offering

13 Mar 2007

The Toro Company Declares Regular Quarterly Dividend

BLOOMINGTON, Minn.--(BUSINESS WIRE)--March 13, 2007--The board of directors of The Toro Company (NYSE:TTC) announced today it has declared a regular quarterly cash dividend of 12 cents per share payable April 12, 2007 to stockholders of record March 24, 2007.

20 Feb 2007

Toro Reports Record First Quarter Results Driven by Strong International Performance

BLOOMINGTON, Minn.--(BUSINESS WIRE)--Feb. 20, 2007--The Toro Company (NYSE:TTC) today reported record net sales and net earnings for its fiscal 2007 first quarter ended February 2, 2007. Net earnings for the quarter totaled $18.5 million, or $0.44 per diluted share, on net sales of $379.1 million.

07 Dec 2006

Toro Reports Record Fiscal 2006 Net Sales and Net Earnings

Net Earnings Per Diluted Share Up 18.8 Percent to $2.91; Board Raises Quarterly Dividend From $0.09 to $0.12 Per Common Share BLOOMINGTON, Minn.--(BUSINESS WIRE)--Dec. 7, 2006--The Toro Company (NYSE:TTC) today reported record net sales and net earnings for the fiscal year ended October 31, 2006.

30 Nov 2006

The Toro Company Announces Stock Grant to Pete Ramstad

BLOOMINGTON, Minn.--(BUSINESS WIRE)--Nov. 30, 2006--The Toro Company (NYSE:TTC), as required by New York Stock Exchange rules, today reported the grant of restricted stock to Pete Ramstad, who has joined the company as vice president of business and strategic development.

07 Nov 2006

The Toro Company Announces Stock Grant to Timothy Dordell

BLOOMINGTON, Minn.--(BUSINESS WIRE)--Nov. 7, 2006--The Toro Company (NYSE:TTC), as required by New York Stock Exchange rules, today reported the grant of restricted stock to a new employee, Timothy Dordell, vice president and deputy general counsel. The Compensation and Human Resources Committee of

01 Nov 2006

The Toro Company Announces Leadership Realignment

BLOOMINGTON, Minn.--(BUSINESS WIRE)--Nov. 1, 2006--The Toro Company (NYSE:TTC) today announced several leadership changes to strengthen the company's organization as well as position it for long-term growth and profitability. Dennis Himan is promoted to group vice president with responsibility for

11 Oct 2006

The Toro Company Announces That Peter M. Ramstad Will Join as Vice President of Business and Strategic Development

Business Editors BLOOMINGTON, Minn.--(BUSINESS WIRE)--Oct. 11, 2006--The Toro Company (NYSE:TTC) today announced that Peter M. Ramstad will join the company as vice president of business and strategic development, effective November 28. Ramstad is currently employed by Personnel Decisions

19 Sep 2006

The Toro Company Declares Regular Quarterly Dividend

BLOOMINGTON, Minn.--(BUSINESS WIRE)--Sept. 19, 2006--The board of directors of The Toro Company (NYSE:TTC) announced today it has declared a regular quarterly cash dividend of 9 cents per share payable October 18, 2006 to stockholders of record October 4, 2006.

24 Aug 2006

Toro Reports Record Third Quarter Sales and Earnings

Net Earnings Per Diluted Share Up 23% BLOOMINGTON, Minn., Aug. 24 /PRNewswire-FirstCall/ -- The Toro Company (NYSE: TTC) today reported record fiscal third quarter net earnings of $40.3 million, or $0.91 per diluted share, on record net sales of $477.9 million for the quarter ended August 4, 2006.

18 Jul 2006

The Toro Company Board of Directors Authorizes Purchase of Up to 3,000,000 Additional Shares

BLOOMINGTON, Minn., July 18 /PRNewswire-FirstCall/ -- The board of directors of The Toro Company (NYSE: TTC) today authorized the company to purchase up to 3,000,000 additional shares of its common stock in the open market or in privately negotiated transactions.

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.