TTC - Earnings announcements

Exceeds second-quarter expectations and raises full-year guidance Net sales up 8.1% year-over-year to $1.42 billion Reported EPS up 9.5% year-over-year to $1.50 *Adjusted EPS up 12.7% year-over-year to $1.60 Returned $228 million to shareholders The Toro Company (NYSE:TTC), a leading global provider of solutions for the outdoor environment, today reported results for its fiscal second-quarter ended May 1, 2026. "We grew adjusted earnings per share by double-digits once again in the second quarter. This was driven by strong demand across our portfolio and continued margin expansion from operational execution," said Richard M. Olson, chairman and chief executive officer. "The

The Toro Company (NYSE:TTC), a leading global provider of solutions for the outdoor environment, today announced that it will release its fiscal 2026 second quarter results on Thursday, June 4, at approximately 7:30 a.m. CT. The full text of The Toro Company's earnings release will be available at that time at www.thetorocompany.com/invest. The company will also hold an earnings conference call at 10 a.m. CT that day. A live, listen-only webcast of the earnings conference call will be available at www.thetorocompany.com/invest. Visitors are encouraged to go to the website in advance of the call to register, and download and install any necessary audio software. A replay will be available

Beat First-Quarter Expectations In Both Segments Driven by Strong Execution Net sales up 4% year-over-year to $1.04 billion Reported EPS of $0.69 *Adjusted EPS up 14% year-over-year to $0.74 Returned $133 million to shareholders Raising full-year net sales and EPS guidance The Toro Company (NYSE:TTC), a leading global provider of solutions for the outdoor environment, today reported results for its fiscal first-quarter ended January 30, 2026. "We delivered first-quarter net sales and adjusted earnings that exceeded our expectations, as strong execution in both Professional and Residential segments enabled us to capitalize on incremental demand for snow and ice products,"

The Toro Company (NYSE:TTC), a leading global provider of solutions for the outdoor environment, today announced that it will release its fiscal 2026 first quarter results on Thursday, March 5, at approximately 7:30 a.m. CT. The full text of The Toro Company's earnings release will be available at that time at www.thetorocompany.com/invest. The company will also hold an earnings conference call at 10 a.m. CT that day. A live, listen-only webcast of the earnings conference call will be available at www.thetorocompany.com/invest. Visitors are encouraged to go to the website in advance of the call to register, and download and install any necessary audio software. A replay will be available

 Exceeded Full-Year Expectations Driven by Strength in Underground Construction and Golf Professional segment full-year earnings margin of 19.4%, up from 18.0% Record free cash flow of $578 million, primarily driven by net working capital improvements Returned $441 million to shareholders via cash dividends and common stock repurchases Mitigated tariff headwinds and maintained margins for full-year fiscal 2025 AMP run-rate savings target increased to $125 million by 2027, up from the initial expectation of at least $100 million Full-year fiscal 2026 *adjusted diluted earnings per share guidance of $4.35 to $4.50 The Toro Company (NYSE:TTC), a leading global provider of solutio

The Toro Company (NYSE:TTC), a leading global provider of solutions for the outdoor environment, today announced that it will release its fiscal 2025 fourth quarter and full-year results on Wednesday, December 17, at approximately 7:30 a.m. CT. The full text of The Toro Company's earnings release will be available at that time at www.thetorocompany.com/invest. The company will also hold an earnings conference call at 10 a.m. CT that day. A live, listen-only webcast of the earnings conference call will be available at www.thetorocompany.com/invest. Visitors are encouraged to go to the website in advance of the call to register, and download and install any necessary audio software. A replay

Operating Performance Driven By Strength in Professional Segment Underground construction and golf and grounds were primary drivers of net sales and profitability for the quarter. Third-quarter net sales were $1.13 billion, down 2 percent from the same period in fiscal 2024, with approximately half of this difference due to prior year divestitures of non-core assets. Third-quarter reported diluted earnings per share were $0.54, including a non-cash impairment charge of ($0.62) per diluted share, or ($81) million pretax. The impairment reflects the impact of weak homeowner demand and a slower-than-expected market recovery for the Spartan business. Third-quarter *adjusted diluted

The Toro Company (NYSE:TTC), a leading global provider of solutions for the outdoor environment, today announced that it will release its fiscal 2025 third quarter results on Thursday, September 4, at approximately 7:30 a.m. CT. The full text of The Toro Company's earnings release will be available at that time at www.thetorocompany.com/invest. The company will also hold an earnings conference call at 10 a.m. CT that day. A live, listen-only webcast of the earnings conference call will be available at www.thetorocompany.com/invest. Visitors are encouraged to go to the website in advance of the call to register, and download and install any necessary audio software. A replay will be availa

Highlighted by Professional Segment Growth and Profitability Improvement Second-quarter net sales of $1.32 billion, down slightly from the same period of fiscal 2024 Second-quarter reported diluted EPS of $1.37, compared to $1.38 in the same period of fiscal 2024 Second-quarter *adjusted diluted EPS of $1.42, up from $1.40 in the same period of fiscal 2024 Company updates full year fiscal 2025 guidance The Toro Company (NYSE:TTC), a leading global provider of solutions for the outdoor environment, today reported results for its fiscal second quarter ended May 2, 2025. "Our second-quarter results demonstrate the resilience and agility of The Toro Company and commitment of ou

The Toro Company (NYSE:TTC), a leading global provider of solutions for the outdoor environment, announced today that it will release its fiscal 2025 second quarter results on Thursday, June 5, at approximately 7:30 a.m. CT. The full text of The Toro Company's earnings release will be available at that time at www.thetorocompany.com/invest. The company will also hold an earnings conference call at 10 a.m. CT that day. A live, listen-only webcast of the earnings conference call will be available at www.thetorocompany.com/invest. Visitors are encouraged to go to the website in advance of the call to register, and download and install any necessary audio software. A replay will be available o

Highlighted by Professional Segment Growth and Profitability Improvement First-quarter net sales of $1.0 billion, down slightly from the same period of fiscal 2024 First-quarter reported diluted EPS of $0.52, compared to $0.62 in the same period of fiscal 2024 First-quarter *adjusted diluted EPS of $0.65, up from $0.64 in the same period of fiscal 2024 Maintains full-year fiscal 2025 net sales and *adjusted diluted EPS guidance The Toro Company (NYSE:TTC), a leading global provider of solutions for the outdoor environment, today reported results for its fiscal first quarter ended January 31, 2025. "Fiscal 2025 is off to a solid start as we exceeded our first-quarter bottom-line e

The Toro Company (NYSE:TTC), a leading global provider of solutions for the outdoor environment, announced today that it will release its fiscal 2025 first quarter results on Thursday, March 6, at approximately 7:30 a.m. CST. The full text of The Toro Company's earnings release will be available at that time at www.thetorocompany.com/invest. The company will also hold an earnings conference call at 10 a.m. CST that day. A live, listen-only webcast of the earnings conference call will be available at www.thetorocompany.com/invest. Visitors are encouraged to go to the website in advance of the call to register, and download and install any necessary audio software. A replay will be availabl

Record Full-Year Net Sales Driven by Strength in Residential Segment, Underground Construction, and Golf Significant Improvement in Cash Generation Supported Increased Share Repurchases  Full-year net sales of $4.58 billion, up from $4.55 billion in fiscal 2023 Full-year reported diluted EPS of $4.01 and *adjusted diluted EPS of $4.17, compared to $3.13 reported and $4.21 *adjusted diluted EPS in fiscal 2023 Fourth-quarter net sales of $1.08 billion, up from $0.98 billion in the same period of fiscal 2023 Fourth-quarter reported diluted EPS of $0.87 and *adjusted diluted EPS of $0.95, compared to $0.67 reported diluted EPS and $0.71 *adjusted diluted EPS in the same period of fi

The Toro Company (NYSE:TTC), a leading global provider of solutions for the outdoor environment, announced today that it will release its fiscal 2024 fourth quarter and full-year results on Wednesday, December 18, at approximately 7:30 a.m. CST. The full text of The Toro Company's earnings release will be available at that time at www.thetorocompany.com/invest. The company will also hold an earnings conference call at 10 a.m. CST that day. A live, listen-only webcast of the earnings conference call will be available at www.thetorocompany.com/invest. Visitors are encouraged to go to the website in advance of the call to register, and download and install any necessary audio software. A rep

Net Sales Growth Driven by Residential Mass Channel, Golf and Grounds, and Underground Construction Increased Macro Caution in July Drove Lower-Than-Expected Lawn Care Shipments to Dealers Significant Progress Made in Reducing Dealer Field Inventories of Lawn Care Products Third-quarter net sales of $1.16 billion, up 6.9% from $1.08 billion in the same period of fiscal 2023 Third-quarter reported diluted EPS of $1.14, up from $(0.14) in the same period of fiscal 2023 Third-quarter *adjusted diluted EPS of $1.18, up 24.2% from $0.95 in the same period of fiscal 2023 Revises full-year *adjusted diluted EPS guidance to a range of $4.15 to $4.20 The Toro Company (NYSE:TTC), a

The Toro Company (NYSE:TTC), a leading global provider of solutions for the outdoor environment, announced today that it will release its fiscal 2024 third quarter results on Thursday, September 5, at approximately 7:30 a.m. CDT. The full text of The Toro Company's earnings release will be available at that time at www.thetorocompany.com/invest. The company will also hold an earnings conference call at 10 a.m. CDT that day. A live, listen-only webcast of the earnings conference call will be available at www.thetorocompany.com/invest. Visitors are encouraged to go to the website in advance of the call to register, and download and install any necessary audio software. A replay will be avai

Record Net Sales Driven by Exceptional Growth in Residential Segment and Underground Construction Significant Progress in Reducing Dealer Field Inventories of Lawn Care Products Reaffirms Full-Year Fiscal 2024 Guidance Second-quarter net sales of $1.35 billion, compared to $1.34 billion in the same period of fiscal 2023 Second-quarter reported diluted EPS of $1.38, compared to $1.59 in the same period of fiscal 2023 Second-quarter *adjusted diluted EPS of $1.40, compared to $1.58 in the same period of fiscal 2023 The Toro Company (NYSE:TTC), a leading global provider of solutions for the outdoor environment, today reported results for its fiscal second quarter ended May 3, 2024.

The Toro Company (NYSE:TTC), a leading global provider of solutions for the outdoor environment, announced today that it will release its fiscal 2024 second quarter results on Thursday, June 6, at approximately 7:30 a.m. CDT. The full text of The Toro Company's earnings release will be available at that time at www.thetorocompany.com/invest. The company will also hold an earnings conference call at 10 a.m. CDT that day. A live, listen-only webcast of the earnings conference call will be available at www.thetorocompany.com/invest. Visitors are encouraged to go to the website in advance of the call to register, and download and install any necessary audio software. For those unable to lis

Continued Strength in Demand Across Construction, and Golf and Grounds Markets Company Reaffirms Full-Year Fiscal 2024 Guidance First-quarter net sales of $1.00 billion, compared to $1.15 billion in the same period of fiscal 2023 First-quarter reported diluted EPS of $0.62, compared to $1.01 in the same period of fiscal 2023 First-quarter *adjusted diluted EPS of $0.64, compared to $0.98 in the same period of fiscal 2023 The Toro Company (NYSE:TTC), a leading global provider of solutions for the outdoor environment, today reported results for its fiscal first quarter ended February 2, 2024. "The first quarter aligned with our expectations, as we drove exceptional top-line gr

The Toro Company (NYSE:TTC), a leading global provider of solutions for the outdoor environment, announced today that it will release its fiscal 2024 first quarter results on Thursday, March 7, at approximately 7:30 a.m. CST. The full text of The Toro Company's earnings release will be available at that time at www.thetorocompany.com/invest. The company will also hold an earnings conference call at 10 a.m. CST that day. A live, listen-only webcast of the earnings conference call will be available at www.thetorocompany.com/invest. Visitors are encouraged to go to the website in advance of the call to register, and download and install any necessary audio software. For those unable to lis

Strength in Professional Segment Drives Full-Year Net Sales Growth Full-year net sales of $4.55 billion, compared to $4.51 billion in fiscal 2022 Full-year reported diluted EPS of $3.13 and *adjusted diluted EPS of $4.21, compared to $4.20 reported and *adjusted diluted EPS in fiscal 2022 Fourth-quarter net sales of $0.98 billion, compared to $1.17 billion in the same period of fiscal 2022 Fourth-quarter reported diluted EPS of $0.67 and *adjusted diluted EPS of $0.71, compared to $1.12 reported diluted EPS and $1.11 *adjusted diluted EPS in the same period of fiscal 2022 Full-year fiscal 2024 guidance of *adjusted diluted EPS in the range of $4.25 to $4.35 The Toro Compan

The Toro Company (NYSE:TTC), a leading global provider of solutions for the outdoor environment, today announced that it will release its fiscal 2023 fourth quarter and full-year results on Wednesday, December 20, at approximately 7:30 a.m. CST. The full text of The Toro Company's earnings release will be available at that time at www.thetorocompany.com/invest. The company will also hold an earnings conference call at 10 a.m. CST that day. A live, listen-only webcast of the earnings conference call will be available at www.thetorocompany.com/invest. Visitors are encouraged to go to the website in advance of the call to register, and download and install any necessary audio software. For

Lower-than-Expected Homeowner Demand for Lawn Care Solutions Driven by Macro Factors and Weather Continued Strength in Demand Across Construction, and Golf and Grounds Markets Announces New Strategic Partnership with Lowe's Third-quarter net sales of $1.08 billion, compared to $1.16 billion in the comparable period of fiscal 2022 Third-quarter reported diluted EPS of ($0.14), which includes non-cash impairment charges related to the Intimidator Group of $151.3 million on a gross basis; $114.6 million net of $36.7 million tax benefit Third-quarter *adjusted diluted EPS of $0.95, compared to $1.19 in the comparable period of fiscal 2022 Revises full-year *adjusted diluted EPS

The Toro Company (NYSE:TTC) announced today that it will release its fiscal 2023 third quarter results on Thursday, September 7, at approximately 7:30 a.m. CDT. The full text of The Toro Company's earnings release will be available at that time at www.thetorocompany.com/invest. The company will also hold an earnings conference call at 10 a.m. CDT that day. A live, listen-only webcast of the earnings conference call will be available at www.thetorocompany.com/invest. Visitors are encouraged to go to the website in advance of the call to register, and download and install any necessary audio software. For those unable to listen to the live webcast, a replay will be available at www.thetor

Driven by Strong Professional Segment Performance and Continued Production Improvements  Record second-quarter net sales of $1.34 billion, up 7% year over year Record second-quarter reported diluted EPS of $1.59, up 28% year over year Record second-quarter *adjusted diluted EPS of $1.58, up 26% year over year Full-year fiscal 2023 net sales and *adjusted diluted EPS guidance ranges narrowed The Toro Company (NYSE:TTC) today reported results for its fiscal second-quarter ended May 5, 2023. "We continued our strong momentum in the second quarter, and delivered record top and bottom-line results," said Richard M. Olson, chairman and chief executive officer. "These results were

The Toro Company (NYSE:TTC) announced today that it will release its fiscal 2023 second quarter results on Thursday, June 8, at approximately 7:30 a.m. CDT. The full text of The Toro Company's earnings release will be available at that time at www.thetorocompany.com/invest. The company also will hold an earnings conference call at 10 a.m. CDT that day. A live, listen-only webcast of the earnings conference call will be available at www.thetorocompany.com/invest. Visitors are encouraged to go to the website in advance of the call to register, and download and install any necessary audio software. For those unable to listen to the live webcast, a replay will be available at www.thetorocom

Highlighted by Strong Professional Segment Performance and Improved Profitability Record first-quarter net sales of $1.15 billion, up 23% year over year First-quarter reported diluted EPS of $1.01, up 53% year over year Record first-quarter *adjusted diluted EPS of $0.98, up 49% year over year Reaffirms full-year fiscal 2023 net sales and *adjusted diluted EPS guidance The Toro Company (NYSE:TTC) today reported results for its fiscal first-quarter ended February 3, 2023. "We started fiscal 2023 with great momentum, and achieved record results for the first quarter," said Richard M. Olson, chairman and chief executive officer. "We delivered top-line growth in both segments as dema

The Toro Company (NYSE:TTC) announced today that it will release its fiscal 2023 first quarter results on Thursday, March 9, at approximately 7:30 a.m. CST. The full text of The Toro Company's earnings release will be available at that time at www.thetorocompany.com/invest. The company also will hold an earnings conference call at 10 a.m. CST that day. A live, listen-only webcast of the earnings conference call will be available at www.thetorocompany.com/invest. Visitors are encouraged to go to the website in advance of the call to register, and download and install any necessary audio software. For those unable to listen to the live webcast, a replay will be available at www.thetorocompa

Driven by Strong Professional Segment Momentum and Disciplined Execution  Full-year net sales of $4.51 billion, up 14% year over year Full-year reported diluted EPS of $4.20; *adjusted diluted EPS of $4.20, up 16% year over year Fourth-quarter net sales of $1.17 billion, up 22.0% year over year Fourth-quarter reported diluted EPS of $1.12; *adjusted diluted EPS of $1.11, up 98% year over year Full-year fiscal 2023 guidance of *adjusted diluted EPS in the range of $4.70 to $4.90 per diluted share The Toro Company (NYSE:TTC) today reported results for its fiscal fourth-quarter ended October 31, 2022. "We delivered record top and bottom line results in the quarter and for fiscal 2

The Toro Company (NYSE:TTC) announced today that it will release its fiscal 2022 fourth quarter and full-year results on Wednesday, December 21, at approximately 7:30 a.m. CST. The full text of The Toro Company's earnings release will be available at that time at www.thetorocompany.com/invest. The company also will hold an earnings conference call at 10 a.m. CST that day. A live, listen-only webcast of the earnings conference call will be available at www.thetorocompany.com/invest. Visitors are encouraged to go to the website in advance of the call to register, and download and install any necessary audio software. For those unable to listen to the live webcast, a replay will be available

Highlighted by Strong Professional Segment Performance and Increased Profitability Record third-quarter net sales up 18.8% year over year to $1.16 billion Record third-quarter reported diluted EPS of $1.19; *adjusted diluted EPS of $1.19 Operational execution drives gross margin and operating earnings margin expansion Raises full-year *adjusted diluted EPS guidance The Toro Company (NYSE:TTC) today reported results for its fiscal third-quarter ended July 29, 2022. "We delivered record results while advancing our strategic initiatives during the third quarter," said Richard M. Olson, chairman and chief executive officer. "Our ability to achieve this performance despite the broa

The Toro Company (NYSE:TTC) announced today that it will release its fiscal 2022 third quarter results on Thursday, September 1, at approximately 7:30 a.m. CDT. The full text of The Toro Company's earnings release will be available at that time at www.thetorocompany.com/invest. The company also will hold an earnings conference call at 10 a.m. CDT that day. A live, listen-only webcast of the earnings conference call will be available at www.thetorocompany.com/invest. Visitors are encouraged to go to the website in advance of the call to register, and download and install any necessary audio software. For those unable to listen to the live webcast, a replay will be available at www.thetoroc

Operational Execution Drives Sequential Quarterly Gross Margin Increase and Improved Full Year Outlook Second-quarter net sales up 8.7% year-over year to $1.25 billion Second-quarter reported diluted EPS of $1.24; *Adjusted diluted EPS of $1.25 Sequential gross margin and *adjusted operating earnings margin improvement from the first quarter of fiscal 2022 Raises full year fiscal 2022 net sales and *adjusted diluted EPS guidance The Toro Company (NYSE:TTC) today reported results for its fiscal second-quarter ended April 29, 2022. "We delivered on our expectations for the second quarter, extending our long track record of consistent financial performance and building an increasing

The Toro Company (NYSE:TTC) announced today that it will release its fiscal 2022 second quarter results on Thursday, June 2, at approximately 7:30 a.m. CDT. The full text of The Toro Company's earnings release will be available at that time at www.thetorocompany.com/invest. The company also will hold an earnings conference call at 10 a.m. CDT that day. A live, listen-only webcast of the earnings conference call will be available at www.thetorocompany.com/invest. Visitors are encouraged to go to the website in advance of the call to register, and download and install any necessary audio software. For those unable to listen to the live webcast, a replay will be available at www.thetorocompa

Drives Quarter over Quarter Sequential Gross Margin Improvement In a Dynamic Operating Environment First-quarter net sales up 6.8% compared to the same prior year period, to $932.7 million; Professional segment net sales up 3.5%, Residential segment net sales up 17.3% First-quarter reported and *adjusted diluted EPS of $0.66 Gross margin results improved sequentially from the fourth quarter of fiscal 2021, driven by increased net price realization and enhanced operational performance; comparisons to the same prior-year period were affected by increased inflationary pressures and product availability constraints   The Toro Company (NYSE:TTC) today reported results for its fiscal fir

The Toro Company (NYSE:TTC) announced today that it will release its fiscal 2022 first quarter results on Thursday, March 3, at approximately 7:30 a.m. CST. The full text of The Toro Company's earnings release will be available at that time at www.thetorocompany.com/invest. The company also will hold an earnings conference call at 10 a.m. CST that day. A live, listen-only webcast of the earnings conference call will be available at www.thetorocompany.com/invest. Visitors are encouraged to go to the website in advance of the call to register, and download and install any necessary audio software. For those unable to listen to the live webcast, a replay will be available at www.thetorocompa

Double-Digit Net Sales Growth in Both Segments in the Fourth Quarter  Full-year reported diluted EPS of $3.78; *Adjusted diluted EPS of $3.62, up 19.9% year over year Fourth-quarter net sales up 14.2% year over year to $960.7 million; Professional segment net sales up 13.7%, Residential segment net sales up 19.8% Fourth-quarter reported and *adjusted diluted EPS of $0.56 Full-year fiscal 2022 guidance of *adjusted diluted EPS in the range of $3.90 to $4.10 per diluted share The Toro Company (NYSE:TTC) today reported results for its fiscal fourth-quarter and full-year periods ended October 31, 2021. "We exceeded our top- and bottom-line guidance for fiscal 2021, driving double-dig

The Toro Company (NYSE:TTC) announced today that it will release its fiscal 2021 fourth quarter and full-year results on Wednesday, December 15, at approximately 7:30 a.m. CST. The full text of The Toro Company's earnings release will be available at that time at www.thetorocompany.com/invest. The company also will hold an earnings conference call at 10 a.m. CST that day. A live, listen-only webcast of the earnings conference call will be available at www.thetorocompany.com/invest. Visitors are encouraged to go to the website in advance of the call to register, and download and install any necessary audio software. For those unable to listen to the live webcast, a replay will be available

Continued Broad-Based Demand Across Professional and Residential Segments Third-quarter net sales up 16.2% year over year to $977 million; Professional segment net sales up 15.2%, Residential segment net sales up 23.0% Reported diluted EPS of $0.89; *Adjusted diluted EPS of $0.92, up 12.2% year over year Raises full-year fiscal 2021 net sales and *adjusted diluted EPS guidance The Toro Company (NYSE:TTC) today reported results for its fiscal third quarter ended July 30, 2021. "Robust sales continued throughout the quarter in both our professional and residential segments," said Richard M. Olson, chairman and chief executive officer. "As we capitalized on the current demand environm

The Toro Company (NYSE:TTC) today announced that it will release its fiscal 2021 third quarter results on Thursday, September 2, at approximately 7:30 a.m. CDT. The full text of The Toro Company's earnings release will be available at that time at www.thetorocompany.com/invest. The company also will hold an earnings conference call at 10 a.m. CDT that day. A live, listen-only webcast of the earnings conference call will be available at www.thetorocompany.com/invest. Visitors are encouraged to go to the website in advance of the call to register, and download and install any necessary audio software. For those unable to listen to the live webcast, a replay will be available at www.thetoroc