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Toro Company (The) - TTC STOCK NEWS

Welcome to our dedicated page for Toro Company (The) news (Ticker: TTC), a resource for investors and traders seeking the latest updates and insights on Toro Company (The) stock.

The Toro Company (NYSE: TTC) is a renowned global provider of innovative solutions for the outdoor environment. Specializing in turf, snow, and ground engaging equipment, as well as irrigation and outdoor lighting solutions, Toro has established itself as a leader in the industry. With sales reaching $2.2 billion in fiscal 2014, Toro’s influence extends to over 90 countries worldwide.

Founded on principles of innovation, trust, and integrity, Toro and its family of brands have built a legacy of excellence. The company’s products help customers maintain golf courses, landscapes, sports fields, public green spaces, commercial and residential properties, and agricultural fields.

Core Business

Toro manufactures a comprehensive range of turf maintenance and landscaping equipment. This includes reel and rotary riding products, trim cutting and walking mowers, greens rollers, turf sprayer equipment, and underground irrigation systems. Toro is also a major producer of heavy-duty walk-behind mowers and sprinkler systems used for professional turf and landscape maintenance and construction.

Operating Segments

The company operates under two main segments: Professional and Residential. The Professional segment generates the majority of its revenue and serves predominantly professional users maintaining turfs and sports fields, such as golf courses. The Residential segment caters to homeowners with products designed for home use.

Recent Achievements and Partnerships

Toro consistently engages in projects and partnerships that drive innovation and customer satisfaction. The company is committed to providing equipment that improves the efficiency and effectiveness of outdoor maintenance. Toro’s reputation for quality and reliability is supported by its extensive network of distributors and dealers.

Financial Condition

With a strong market presence and a key revenue-generating market in the United States, Toro continues to show robust financial performance. The company’s dedication to meeting customer needs and expanding its product line ensures its ongoing success and growth in the global market.

For more detailed information about The Toro Company, its products, and latest news, visit www.toro.com.

Rhea-AI Summary
The Toro Company (TTC) Increases Quarterly Dividend to $0.36 per Share, Continuing 15-Year Growth Streak
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The Toro Company (TTC) has elected Dianne Craig, president of Lincoln, the luxury vehicle division of Ford Motor Company (F), to its Board of Directors, effective January 1, 2024. Richard Olson, chairman and CEO, expressed his satisfaction, citing Dianne's extensive executive leadership achievements and operational execution experience as valuable assets for the company's strategic vision and governance principles.
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The Toro Company (TTC) to Release Fiscal 2023 Fourth Quarter and Full-Year Results on December 20
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The Toro Company will present at the Baird 2023 Global Industrial Conference on November 7, 2023. The presentation will be webcasted and can be accessed on the company's website. A replay will also be available.
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The Toro Company receives WaterSense Excellence Award from the EPA for promoting water efficiency.
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The Toro Company has been named one of the World’s Most Trustworthy Companies for 2023 by Newsweek, highlighting their commitment to providing innovative solutions customers can trust.
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The Toro Company declares a regular quarterly cash dividend of $0.34 per share.
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Toro partners with Lowe's to sell its outdoor power equipment nationwide in spring 2024
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Lowe's will carry Toro outdoor power equipment in spring 2024, boosting Toro's market position and expanding battery categories.
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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 guidance to a range of $4.05 to $4.10
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FAQ

What is the current stock price of Toro Company (The) (TTC)?

The current stock price of Toro Company (The) (TTC) is $81.48 as of December 20, 2024.

What is the market cap of Toro Company (The) (TTC)?

The market cap of Toro Company (The) (TTC) is approximately 8.3B.

What products does The Toro Company manufacture?

Toro manufactures a wide range of turf maintenance and landscaping equipment, including reel and rotary riding products, walking mowers, greens rollers, turf sprayer equipment, and underground irrigation systems.

Which segments does Toro operate under?

Toro operates under two main segments: Professional and Residential. The Professional segment serves professional users, while the Residential segment caters to homeowners.

What is Toro’s market reach?

Toro’s products are available in more than 90 countries worldwide, with the United States being its key revenue-generating market.

How does Toro ensure the quality of its products?

Toro maintains quality through continuous innovation, strong customer relationships, and an extensive network of distributors and dealers.

What is Toro's core business focus?

Toro focuses on providing innovative solutions for turf, snow, and ground engaging equipment, as well as irrigation and outdoor lighting solutions.

How much did Toro earn in fiscal 2014?

Toro reported sales of $2.2 billion in fiscal 2014.

What is the legacy of The Toro Company?

Founded on innovation, trust, and integrity, Toro has built a legacy of excellence by helping customers care for various outdoor spaces.

Where can I find more information about The Toro Company?

More detailed information can be found on their official website at www.toro.com.

What types of users does Toro's Professional segment serve?

The Professional segment predominantly serves users maintaining turfs and sports fields, such as golf courses.

What kind of outdoor solutions does Toro provide?

Toro provides solutions including turf maintenance, landscaping equipment, snow plowers, ice management products, and sprinkler systems.

Toro Company (The)

NYSE:TTC

TTC Rankings

TTC Stock Data

8.29B
100.55M
0.62%
92.61%
4.91%
Tools & Accessories
Lawn & Garden Tractors & Home Lawn & Gardens Equip
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United States of America
BLOOMINGTON