Toro

The Toro Co. is in the business of designing, manufacturing, marketing, and selling professional turf maintenance equipment and services. It operates through the following segments: Professional and Residential. The Professional segment consists of turf and landscape equipment, rental, specialty, and underground construction equipment, snow & ice management equipment, and irrigation and lighting products. The Residential segment includes walk power mowers, zero-turn riding mowers, snow throwers, replacement parts, and home solutions products, including grass trimmers, hedge trimmers, leaf blowers, blower-vacuums, chainsaws, string trimmers, and underground, hose, and hose-end retail irrigation products sold in Australia and New Zealand. The company was founded by John Samuel Clapper and Henry Clay McCartney on July 10, 1914, and is headquartered in Bloomington, MN.

Earnings data Q2 2021

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Toro (TTC) reports record Q1 earnings, anticipates sustained growth

Toro's Q1 2023 performance reflects robust growth driven by innovative products and strong demand in key markets. Despite supply chain challenges and weather-related impacts, the company remains optimistic about margin improvement and sustained profitability. Strategic investments in alternative solutions and a diversified market presence position Toro well for future growth and resilience.

Toro reports record Q2 results, eyes margin improvement and acquisitions

Toro (TTC) delivered record Q2 results driven by the professional segment, while facing challenges in the residential segment due to weather and macroeconomic factors.
Strong order backlog in construction and golf products, along with a focus on margin improvement and battery products, present growth opportunities.
Revised full-year guidance, inventory management strategies, and acquisition plans position Toro for continued performance and strategic growth.

Toro (TTC) faces Q3 challenges but eyes growth opportunities

Toro's Q3 performance was impacted by reduced demand for lawn care products, leading to lower net sales and adjusted EPS, with challenges in the residential segment.
Despite the setbacks, Toro highlighted strengths in the professional segments, a strategic partnership with Lowe's, and improvements in the supply chain.
Opportunities lie in leveraging the Lowe's partnership, normalizing inventory levels, and addressing back orders to drive future growth and operational efficiency.

Toro Company reports steady Q4 performance and outlines growth strategies

Toro Company's Q4 performance met expectations, with a focus on professional segment growth and cost-saving initiatives. Challenges include elevated inventories and manufacturing variances, offset by positive signs in rental and retail sectors.
Fiscal 2024 outlook includes growth opportunities in the professional segment and a focus on cost improvements. The company aims to drive productivity and innovation through strategic initiatives and market-based pricing.

Toro (TTC) reports resilient Q1 results and optimistic growth outlook

Toro's Q1 performance reflected solid results amidst challenges, with a strategic focus on innovation and market leadership. The company remains optimistic about growth opportunities in key end markets and cost-saving initiatives.

Toro reports record Q2 sales, focuses on inventory optimization

Toro Company's Q2 performance reflects record net sales driven by residential segment growth, with adjusted diluted earnings per share at $1.40. The company is focused on reducing field inventories and normalizing inventory levels to align with consumer demand.
Despite challenges in certain mower categories and one-time implementation costs, Toro remains optimistic about continued growth. Strategic initiatives like AMP and reinvestment plans from cost savings position Toro for future success.
Opportunities lie in continued growth in underground construction and golf markets, with a focus on innovation and productivity gains. Toro's strong retail sales growth and positive outlook indicate a promising future for the company.

Toro (TTC) reports solid Q4 earnings, outlines growth strategies

Toro's strong financial performance in Q4 and full year, coupled with strategic initiatives, positions the company for continued success.
While facing challenges like modest growth projections and workforce reductions, Toro's focus on profitability and productivity presents opportunities for future growth.
Investors can look forward to improved margins, cost savings, and potential earnings growth, signaling a positive outlook for Toro.

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The Toro Co. engages in the provision of innovative solutions for the outdoor environment including turf and landscape maintenance, snow and ice management, underground utility construction, rental and specialty construction, and irrigation and outdoor lighting solutions. It operates through the following segments: Professional, Residential, and Other. The Professional segment includes designing professional turf maintenance, landscape and lighting, rental, specialty, and underground construction, snow and ice management, and agricultural products. The Residential segment is involved in marketing and selling products to homeowners through a variety of distribution channels including outdoor power equipment distributors and dealers, mass retailers, hardware retailers, home centers, and online and direct to end-users. The Other segment focuses on its wholly owned domestic distribution company, certain corporate activities, and the elimination of intersegment revenues and expenses. The company was founded by John Samuel Clapper and Henry Clay McCartney on July 10, 1914 and is headquartered in Bloomington, MN.

Toro (TTC) could produce exceptional returns because of its solid growth attributes.

3 Reasons Why Growth Investors Shouldn't Overlook Toro (TTC)

The Toro Company (NYSE:TTC ) Q2 2022 Results Conference Call June 2, 2022 11:00 AM ET Company Participants Julie Kerekes - Treasurer and Sr. MD, Global Tax and IR Rick Olson - Chairman and CEO Renee Peterson - VP and CFO Conference Call Participants Tim Wojs - Baird Sam Darkatsh - Raymond James David MacGregor - Longbow Research Eric Bosshard - Cleveland Research Operator Ladies and gentlemen, thank you standing by and welcome to The Toro Company's Fiscal Second Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode.

The Toro Company (TTC) CEO Rick Olson on Q2 2022 Results - Earnings Call Transcript

Toro (TTC) delivered earnings and revenue surprises of -3.10% and 3.07%, respectively, for the quarter ended April 2022. Do the numbers hold clues to what lies ahead for the stock?

Toro (TTC) Misses Q2 Earnings and Revenue Estimates

Shares of Toro Co. TTC, -1.82% were little changed in premarket trading Thursday, after the lawn care equipment company reported fiscal second-quarter sales that missed expectations, while profit topped forecasts and the full-year outlook was raised, as supply chain challenges affected the company's ability to meet strong demand. Net earnings for the quarter to April 29 fell to $131.1 million, or $1.24 a share, from $142.2 million, or $1.31 a share, in the year-ago period.

Toro misses on sales but beats on profit, and raises full-year outlook

BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company reports solid second quarter fiscal 2022 results with net sales up 8.7% year-over year to $1.25 billion.

The Toro Company Reports Solid Second-Quarter Fiscal 2022 Results

BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company to announce fiscal 2022 second quarter results on Thursday, June 2.

The Toro Company to Announce Fiscal 2022 Second Quarter Results

The Toro Company (NYSE:TTC) is an American company that primarily manufactures lawn mowers, snow blowers, and irrigation system supplies for commercial, public, and residential uses.

Toro Company Stock Continues to Get Pummeled

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Deep Dive: Dividend Aristocrat stocks can help you keep ahead of inflation. These 15 take top prizes for raising payouts.

BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company today announced the election of Eric Hansotia and Jill Pemberton to its Board of Directors.

The Toro Company Elects Two New Board Members

Toro (TTC) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

Toro (TTC) Loses 14.2% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company to present at the Bank of America Global Industrials Conference

The Toro Company to Present at the Bank of America Global Industrials Conference

Toro's margins are still being impacted by inflation but improved from last quarter.

Toro: Don't Be Intimidated By Conservative Guidance

The Toro Company's (TTC) CEO Rick Olson on Q1 2022 Results - Earnings Call Transcript

BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company reports solid first quarter fiscal 2022 results with strong demand across businesses.

The Toro Company Reports Solid First-Quarter Fiscal 2022 Results

BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company to Present at the Raymond James 43rd Annual Institutional Investors Conference

The Toro Company to Present at the Raymond James 43rd Annual Institutional Investors Conference

BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company announced that it will release its fiscal 2022 first quarter results on Thursday, March 3.

The Toro Company to Announce Fiscal 2022 First Quarter Results

On Jan. 14, Toro Co (NYSE:TTC) -- an outdoor environment solutions company --announced that it completed the acquisition of Intimidator Group, which manufactures Spartan Mowers.

Could This Stock Be a Buying Opportunity as Large Caps Sell Off?

BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company has acquired Intimidator Group, Inc., manufacturer of Spartan Mowers and side-by-side utility vehicles.

The Toro Company Acquires Intimidator Group, Manufacturer of Spartan Mowers

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All stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List. They have an average increase of 9.0% and a median increase of 5.4%. I've tracked 524 increases in 2021.

20 Dividend Increases To Finish 2021

Toro (TTC) delivered earnings and revenue surprises of 1.82% and 0.38%, respectively, for the quarter ended October 2021. Do the numbers hold clues to what lies ahead for the stock?

Toro (TTC) Q4 Earnings and Revenues Surpass Estimates

Toro's margins were impacted by inflation in 4Q but not as much as expected. The company has growth prospects from an improving golf market, electrification, and infrastructure projects.

Toro Has Growth Tailwinds Despite Inflation

The Toro Company (TTC) CEO Rick Olson on Q4 2021 Results - Earnings Call Transcript

The stock price of The Toro Company (NYSE: TTC) increased by over 1.9% during intraday trading today. This is why it happened.

The Toro Company (TTC): Why The Price Increased Today

Toro Co (NYSE: TTC) reported fourth-quarter FY21 sales growth of 14.2% year-over-year to $960.7 million, beating the consensus of $955.53 million. Sales by segments: Professional $732.5 million (+13.7% Y/Y), and Residential $225.2 million (+19.8% Y/Y).

Toro Clocks 14% Sales Growth In Q4; Guides FY22 Adjusted EPS Above Consensus

Toro (NYSE:TTC) reported its Q4 earnings results on Wednesday, December 15, 2021 at 08:30 AM. Here's what investors need to know about the announcement.

News for Toro Stock (TTC)