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 Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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) delivered earnings and revenue surprises of 13.33% and 2.85%, respectively, for the quarter ended January 2021. Do the numbers hold clues to what lies ahead for the stock?

Toro (TTC) Q1 Earnings and Revenues Beat Estimates

Shares of Toro (NYSE:TTC) were unchanged after the company reported Q1 results. Quarterly Results Earnings per share increased 32.81% over the past year to $0.85, which beat the estimate of $0.75.

Toro: Q1 Earnings Insights

BLOOMINGTON, Minn.--(BUSINESS WIRE)---- $TTC #earnings--The Toro Company Reports Strong First Quarter Fiscal 2021 Results

The Toro Company Reports Strong First-Quarter Fiscal 2021 Results

Toro this week announced its intentions to acquire Left Hand Robotics. The Colorado-based startup (not to be confused with Righthand Robotics) is a natural fit for the lawn mowing giant, as the producer of the RT-1000, an autonomous system capable of mowing large lawns and clearing snow from sidewalks.

Toro acquires robotic tractor/snow blower maker, Left Hand Robotics

Toro (TTC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Can Toro (TTC) Keep the Earnings Surprise Streak Alive?

On Thursday, March 04, Toro (NYSE:TTC) will release its latest earnings report. Benzinga's outlook for Toro is included in the following report.

Toro's Earnings Outlook

BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company Acquires Left Hand Robotics, Inc.

The Toro Company Acquires Left Hand Robotics, Inc.

The Toro Co. (NYSE: TTC) has issued a recall of one of its Toro Power Max Snowthrowers due to a potential amputation hazard. What Happened: The Bloomington, Minnesota-headquartered company said its Model Year 2021 Toro Power Max 826 OHAE Snowthrowers with Model Number 37802 are being recalled due to a defective auger that could fail to disengage when the control lever is released.

Toro Recalls Snow Blower, Citing Potential Amputation Hazard

BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company to Announce Fiscal 2021 First Quarter Results

The Toro Company to Announce Fiscal 2021 First Quarter Results

Seeking Alpha Transcripts | Industrial The Toro Company (TTC) CEO Rick Olson on Q4 2020 Results - Earnings Call Transcript Dec. 16, 2020 5:07 PM ET | | About: The Toro Company (TTC) by: SA Transcripts Subscribers Only Earning Call Audio The Toro Company (NYSE:TTC) Q4 2020 Earnings Conference Call December 16, 2020 11:00 AM ET Company Participants Nicholas Rhoads - Managing Director, Investor Relations Rick Olson - Chairman and Chief Executive Officer

The Toro Company (TTC) CEO Rick Olson on Q4 2020 Results - Earnings Call Transcript

BLOOMINGTON, Minn.--(BUSINESS WIRE)---- $TTC #earnings--The Toro Company reports strong Q4 results, driven by continued sales growth in the residential segment and professional segment acquisitions.

The Toro Company Reports Strong Fourth-Quarter and Full-Year Fiscal 2020 Results

This is your daily dividend safety check. Today, we consider Toro as its earning call is on December 16, 2020 before the bell.

How Likely Is a Dividend Cut From Toro?

Toro (NYSE:TTC) unveils its next round of earnings this Wednesday, December 16. Get prepared with Benzinga's ultimate preview for Toro's Q4 earnings.

A Preview Of Toro's Earnings

Toro (TTC) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Is a Surprise Coming for Toro (TTC) This Earnings Season?

Toro (TTC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Toro (TTC) Reports Next Week: What to Expect

Lamar Advertising

Global Self Storage

Lamar Advertising Co (NASDAQ:LAMR), Global Self Storage Inc (NASDAQ:SELF) and The Toro Co (NYSE:TTC) announced quarterly dividends on Tuesday, Dec. 1.

3 Loyal Payers Announce Dividends

With its stable growth over the years, The Toro Company showed its sound financial health and maintained fruitful operations amidst the challenges brought upon by the pandemic. The dividends have continuously increased and accelerated since 2014.

Toro: Cultivating Success In Challenging Times

BLOOMINGTON, Minn.--(BUSINESS WIRE)---- $TTC #earnings--The Toro Company will release its fiscal 2020 full-year results on December 16. More information at www.thetorocompany.com/invest.

The Toro Company to Announce Fiscal 2020 Full-Year Results

Makita Corp

Stanley Black & Decker

3 Stock Picks That Play on COVID Retail Therapy

To the delight of investors, the company beat analysts' expectations on the top and bottom lines -- but that wasn't all.

Here's Why Shares of The Toro Company Climbed 12% in September

WASHINGTON--(BUSINESS WIRE)--U.S. Environmental Protection Agency recognizes The Toro Company with WaterSense Excellence Award for efforts in water efficiency.

 The Toro Company Wins WaterSense® Excellence Award Again!

eXp World Holdings Inc

Centrus Energy

News Corp

Progress Software

Increased analyst coverage over the last few weeks might lead to solid price appreciation for these stocks.

5 Stocks Set to Soar on New Analyst Coverage

Does Toro (TTC) have what it takes to be a top stock pick for momentum investors? Let's find out.

Toro (TTC) is a Great Momentum Stock: Should You Buy?

The Toro Company is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.

Moving Average Crossover Alert: The Toro Company

Toro (TTC) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

News for Toro Stock (TTC)