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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.
Insight Enterprises has appointed Joyce Mullen as President and Chief Executive Officer, effective January 1, 2022. She succeeds Ken Lamneck, who will support her transition. Mullen previously served as North America President at Insight and held a 21-year career at Dell Technologies. Her leadership style focuses on people-first values and maintaining strong client relationships. Mullen also sits on the Board of The Toro Company. Insight Enterprises, a Fortune 500 company, delivers technology solutions to optimize business operations.
The Toro Company (NYSE: TTC) has declared its 150th consecutive quarterly cash dividend of $0.2625 per share. This dividend is scheduled for payment on October 21, 2021, to shareholders recorded as of October 6, 2021. In fiscal 2020, Toro reported sales of $3.4 billion and operates in over 125 countries, offering solutions in turf maintenance, snow management, and more. The company emphasizes its commitment to innovation and shareholder value.
The Toro Company (NYSE: TTC) reported a robust fiscal third quarter, with net sales reaching $977 million, a 16.2% increase year over year. The professional segment saw a 15.2% rise, while residential sales soared by 23.0%. Reported diluted EPS was $0.89, with adjusted EPS at $0.92, reflecting a 12.2% increase. The company raised its full-year guidance, anticipating 17% net sales growth and adjusted EPS in the range of $3.53 to $3.57. CEO Richard M. Olson emphasized strong demand, operational excellence, and future investments in technology.
The Toro Company (NYSE: TTC) will release its fiscal 2021 third-quarter results on September 2 at 7:30 a.m. CDT. The earnings release will be available on their official website. An earnings conference call is scheduled for the same day at 10 a.m. CDT, with a live webcast accessible for interested parties. Toro is recognized as a leader in outdoor solutions, achieving $3.4 billion in sales in fiscal 2020, with a presence in over 125 countries and a diverse portfolio of brands.
The Toro Company (NYSE: TTC) reported strong fiscal Q2 2021 results, with net sales reaching $1.15 billion, a 23.6% increase from the prior year. Net earnings grew 44.4% to $142.2 million, resulting in an earnings per share (EPS) rise of 44.0% to $1.31. Both segments, professional and residential, showed robust growth, driven by demand for innovative products, including battery-powered offerings. The company raised its full-year guidance, projecting net sales growth of 12.0% to 15.0% and adjusted EPS between $3.45 and $3.55.
The Toro Company (NYSE: TTC) has declared a regular quarterly cash dividend of $0.2625 per share, payable on July 14, 2021, to shareholders of record on June 22, 2021. In fiscal 2020, Toro reported sales of $3.4 billion, offering innovative solutions in outdoor environments, including turf maintenance and snow management. The company has a significant global presence, operating in over 125 countries through brands like Toro, Ditch Witch, and Exmark.
The Toro Company (NYSE: TTC) is set to release its fiscal 2021 second quarter results on June 3 at 7:30 a.m. CDT. Their earnings conference call will follow at 10 a.m. CDT the same day, with a live webcast available for investors. Toro, a leading provider of outdoor solutions, reported sales of $3.4 billion in fiscal 2020, serving customers in over 125 countries through various brands. More details on the earnings release and conference can be found on their investor website.
The Toro Company (NYSE: TTC) has declared a quarterly cash dividend of $0.2625 per share, payable on April 20, 2021, to shareholders of record on April 5, 2021. With fiscal 2020 sales of $3.4 billion, Toro is a leading global provider of outdoor solutions, operating in over 125 countries. The company offers a diverse range of products, including turf maintenance, snow management, and irrigation solutions, under various well-known brands.
The Toro Company (NYSE: TTC) will conduct its 2021 Annual Meeting of Shareholders virtually on March 16, 2021, at 1:30 p.m. CDT. Eligible shareholders, recorded by January 19, 2021, can participate via www.virtualshareholdermeeting.com/TTC2021. A replay of the meeting will be available for those unable to attend live. Toro, a leader in outdoor solutions with $3.4 billion in 2020 sales, operates in over 125 countries, delivering innovative products across various industries, including turf maintenance and construction.
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