News Releases

10 Mar 2005

The Toro Company Awards Over $200,000 in Cash and Product Donations to Local and National Organizations

Toro Furthers Commitment to Environment and Education With Recent Gifts BLOOMINGTON, Minn., March 10 /PRNewswire-FirstCall/ -- The Toro Company (NYSE: TTC) today announced the results of its first quarter grant awards by the Toro Giving Program. Grants of cash and product were awarded to 35

22 Feb 2005

The Toro Company Names Michael J. Hoffman Chief Executive Officer

Kendrick B. Melrose to Assume Role of Executive Chairman BLOOMINGTON, Minn., Feb 22, 2005 /PRNewswire-FirstCall via COMTEX/ -- The Toro Company (NYSE: TTC) today announced that its board of directors has elected Michael J. Hoffman, 49, to the position of chief executive officer effective March 15,

22 Feb 2005

Toro First Quarter Net Earnings Per Share a Record $0.47 on 10.6% Sales Growth

Live Conference Call February 22, 10:00 a.m. CT http://www.thetorocompany.com/invest BLOOMINGTON, Minn., Feb 22, 2005 /PRNewswire-FirstCall via COMTEX/ -- The Toro Company (NYSE: TTC) today reported net earnings of $11.2 million, or $0.47 per diluted share, on net sales of $346.9 million for its

09 Feb 2005

The Toro Company Acquires Hayter Limited

Acquisition Strengthens Toro's Position in Europe BLOOMINGTON, Minn., Feb. 9 /PRNewswire-FirstCall/ -- The Toro Company (NYSE: TTC) today announced it has acquired the assets of Hayter Limited, a manufacturer of consumer and commercial mowing products based in Spellbrook, England.

08 Dec 2004

Strong Fourth Quarter Boosts Toro to Another Record Year

2004 Net Earnings Per Diluted Share Total $4.04 Board Doubles Quarterly Dividend to $0.12 Per Common Share Live Conference Call December 8, 10:00 a.m. CT http://www.thetorocompany.com/invest BLOOMINGTON, Minn., Dec. 8 /PRNewswire-FirstCall/ -- The Toro Company (NYSE: TTC) today reported record net

23 Nov 2004

Toro Named Official Provider of Utility Vehicles for 78th Annual Macy's Thanksgiving Day Parade(R)

BLOOMINGTON, Minn., Nov 23, 2004 /PRNewswire-FirstCall via COMTEX/ -- The Toro Company (NYSE: TTC) today announced it has been named the official supplier of utility vehicles for the 2004 Macy's Thanksgiving Day Parade(R). Toro will join SpongeBob SquarePants, Disney's Chicken Little, Red and

18 Oct 2004

The Toro Company Names Michael J. Hoffman President and Chief Operating Officer

Kendrick B. Melrose to Continue as CEO and Chairman BLOOMINGTON, Minn., Oct. 18 /PRNewswire-FirstCall/ -- The Toro Company (NYSE: TTC) today announced the election of Michael J. Hoffman, 49, to the position of President and Chief Operating Officer. Hoffman is a 27-year veteran with the company and

30 Sep 2004

The Toro Company Board of Directors Authorizes Purchase of Up to 1,000,000 Additional Shares

BLOOMINGTON, Minn., Sep 30, 2004 /PRNewswire-FirstCall via COMTEX/ -- The board of directors of The Toro Company (NYSE: TTC) today authorized the company to purchase up to 1,000,000 additional shares of its common stock, from time to time, in the open market or in privately negotiated transactions.

30 Sep 2004

The Toro Company Declares Regular Quarterly Dividend

BLOOMINGTON, Minn., Sept. 30 /PRNewswire-FirstCall/ -- The board of directors of The Toro Company (NYSE: TTC) announced it has declared a regular quarterly cash dividend of 6 cents per share payable October 26, 2004 to stockholders of record October 12, 2004.

24 Aug 2004

Toro Third Quarter Net Earnings Up 26.5% on 15.1% Net Sales Growth

Company on Track for Record Full Year Net Sales and Earnings LIVE CONFERENCE CALL August 24, 10:00 a.m. CT www.thetorocompany.com/invest BLOOMINGTON, Minn., Aug. 24 /PRNewswire-FirstCall/ -- The Toro Company (NYSE: TTC) today reported record net earnings of $34.2 million, or $1.33 per diluted

17 Jun 2004

The Toro Company Celebrates 90th Anniversary With Minnesota Governor Pawlenty

Company to Showcase Innovative Products of the Past, Present and Future BLOOMINGTON, Minn., Jun 17, 2004 (PRNewswire-FirstCall via COMTEX) -- The Toro Company today announced it will celebrate its 90th anniversary with Minnesota Governor Tim Pawlenty around the theme, "Innovation Days." To mark the

27 May 2004

The Toro Company Declares Regular Quarterly Dividend; Board Authorizes Purchase of up to 3,000,000 Shares

BLOOMINGTON, Minn., May 27 /PRNewswire-FirstCall/ -- The board of directors of The Toro Company (NYSE: TTC) announced it has declared a regular quarterly cash dividend of six cents per share payable July 12, 2004 to stockholders of record June 20, 2004.

25 May 2004

Toro Reports Record Second Quarter Sales and Net Earnings

Net Earnings Up 24.4% on 10.5% Sales Growth Company Again Raises Outlook for Full-Year Earnings Live Conference Call May 25, 10:00 a.m. CT http://www.thetorocompany.com/invest BLOOMINGTON, Minn., May 25 /PRNewswire-FirstCall/ -- The Toro Company (NYSE: TTC) today reported record net earnings of

20 May 2004

The Toro Company 2nd Quarter Conference Call

BLOOMINGTON, Minn.--(BUSINESS WIRE)--May 20, 2004--The Toro Company (NYSE:TTC): Tuesday, May 25, 2004 10:00 - 11:00 a.m. Central Daylight Savings Time 1-888-882-0115 The Toro Company chairman and chief executive officer Ken Melrose and chief financial officer Steve Wolfe will be available to answer

15 Apr 2004

The Toro Company Announces Preliminary Results of 'Dutch Auction' Tender Offer

BLOOMINGTON, Minn., April 15 /PRNewswire-FirstCall/ -- The Toro Company (NYSE: TTC) today announced the preliminary results of its "Dutch Auction" tender offer to purchase up to 2,500,000 shares of its common stock. The tender offer expired at 5:00 p.m., New York City time, on Wednesday, April 14,

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.