News Releases

16 Dec 2020

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

Professional Segment Acquisitions and Residential Segment Performance Drive Results    Q4 net sales of $841 million , up 14.5% year over year FY20 net sales of $3.38 billion , up 7.7% versus last year; residential segment net sales up 24.1% Q4 reported diluted EPS of $0.66 ; *Adjusted diluted EPS

01 Dec 2020

The Toro Company Declares Regular Quarterly Cash Dividend

BLOOMINGTON, Minn. --(BUSINESS WIRE)--Dec. 1, 2020-- The Toro Company (NYSE: TTC) today announced that its board of directors has declared a regular quarterly cash dividend of $0.2625 per share, a 5 percent increase from its previous quarterly dividend rate of $0.25 per share.

16 Nov 2020

The Toro Company to Announce Fiscal 2020 Full-Year Results

BLOOMINGTON, Minn. --(BUSINESS WIRE)--Nov. 16, 2020-- The Toro Company (NYSE: TTC) today announced that it will release its fiscal 2020 full-year results on Wednesday, December 16 , at approximately 7:30 a.m. CST . The full text of Toro’s earnings release will be available at that time at

08 Oct 2020

The Toro Company Wins WaterSense® Excellence Award Again!

  EPA program recognizes water management leader for fifth consecutive year WASHINGTON --(BUSINESS WIRE)--Oct. 8, 2020-- The U.S. Environmental Protection Agency ( EPA ) has again recognized The Toro Company with a 2020 WaterSense Excellence Award for promoting WaterSense ® and water efficiency in

23 Sep 2020

OPEI Board of Directors Appoints New Leadership

Rick Olson, Chairman and CEO, The Toro Company, Assumes OPEI Board Chairmanship Alexandria, Va. – The Board of Directors of the Outdoor Power Equipment Institute (OPEI) announces new leadership at the helm, with the appointment of Rick Olson, Chairman and CEO, The Toro Company as Chairman.

23 Sep 2020

Toro Named Worldwide Supplier To The Ryder Cup Through 2029

Agreement with PGA of America and Ryder Cup Europe encompasses all five Ryder Cups to be played this decade PALM BEACH GARDENS, Fla. (September 23, 2020) 一 Toro, a leading worldwide provider of innovative solutions for the outdoor environment, has been named the official Turf Maintenance Equipment

15 Sep 2020

The Toro Company Declares Regular Quarterly Cash Dividend

BLOOMINGTON, Minn. --(BUSINESS WIRE)--Sep. 15, 2020-- The Toro Company (NYSE: TTC) today announced that its board of directors has declared a regular quarterly cash dividend of $0.25 per share. This dividend is payable on October 9, 2020 , to shareholders of record on September 28, 2020 .

03 Sep 2020

The Toro Company Reports Third-Quarter Fiscal 2020 Results

Residential Segment Retail Demand and Incremental Venture Products Sales Key Drivers of Performance Net sales of $841 million , up 0.3% year over year Reported and *adjusted diluted EPS of $0.82 Residential segment net sales up 38% on strong retail demand Strong liquidity position of nearly $1

17 Aug 2020

The Toro Company to Announce Fiscal 2020 Third Quarter Results

BLOOMINGTON, Minn. --(BUSINESS WIRE)--Aug. 17, 2020-- The Toro Company (NYSE: TTC) today announced that it will release its fiscal 2020 third quarter results on Thursday, September 3 , at approximately 7:30 a.m. CDT . The full text of Toro’s earnings release will be available at that time at

31 Jul 2020

The Toro Company and The Hoffman Family Foundation Announce Gift to the University of St. Thomas in Honor of Kendrick B. Melrose

BLOOMINGTON, Minn. --(BUSINESS WIRE)--Jul. 31, 2020-- The Toro Company (TTC), in partnership with retired TTC chairman and CEO Mike Hoffman and his wife, Tami, today announced a $3 million gift to the University of St. Thomas in Saint Paul, Minnesota , in honor of the late Kendrick B.

29 Jul 2020

The Toro Company Announces Launch of Sustainability Endures Platform

Further strengthens TTC’s commitment to make a positive impact financially, socially and environmentally worldwide BLOOMINGTON, Minn. --(BUSINESS WIRE)--Jul. 29, 2020-- The Toro Company (NYSE: TTC) today announced the launch of its Sustainability Endures platform, which will strengthen TTC’s

04 Jun 2020

The Toro Company Reports Second Quarter Fiscal 2020 Results

Acquisitions and Residential Segment Growth Partially Offset COVID-19 Related Impacts Net sales of $929.4 million , down 3.4% year-over-year, driven by COVID-19 impacts Reported diluted EPS of $0.91 , and *adjusted EPS of $0.92 Residential segment up 12.9% on mass retail strength and strong retail

26 May 2020

The Toro Company to Announce Fiscal 2020 Second Quarter Results

BLOOMINGTON, Minn. --(BUSINESS WIRE)--May 26, 2020-- The Toro Company (NYSE: TTC) today announced that it will release its fiscal 2020 second quarter results on Thursday, June 4 , at approximately 7:30 a.m. CDT . The full text of Toro’s earnings release will be available at that time at

19 May 2020

The Toro Company Declares Regular Quarterly Cash Dividend

BLOOMINGTON, Minn. --(BUSINESS WIRE)--May 19, 2020-- The Toro Company (NYSE: TTC) today announced that its board of directors has declared a regular quarterly cash dividend of $0.25 per share. This dividend is payable on July 9, 2020 , to shareholders of record on June 22, 2020 .

05 May 2020

The Toro Company Remembers Ken Melrose, Legendary Former Chairman and CEO

BLOOMINGTON, Minn. (May 5, 2020) – Kendrick “Ken” B. Melrose, legendary former chairman and chief executive officer of The Toro Company, passed away Sunday, May, 3, 2020, at the age of 79.  Ken was an extraordinary person, whose wide-ranging accomplishments were driven by his unwavering commitment

Our Company

At The Toro Company, we take great pride in helping our customers enrich the beauty, productivity, and sustainability of the land. Founded in 1914, The Toro Company was built on a tradition of quality and caring relationships. Today, the company is a leading worldwide provider of innovative solutions for the outdoor environment including turf maintenance, snow and ice management, landscape, rental and specialty construction equipment, and irrigation and outdoor lighting solutions. Through a strong network of professional distributors, dealers and retailers in more than 125 countries, we proudly offer a wide range of products across a family of global brands to help golf courses, professional contractors, groundskeepers, agricultural growers, rental companies, government and educational institutions, and homeowners – in addition to many leading sports venues and historic sites around the world.