News Releases

05 Sep 2024

The Toro Company Reports Results for the Third Quarter of Fiscal 2024

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

03 Sep 2024

The Toro Company Announces 2024 Scholarship Recipients Across Its Global Locations

BLOOMINGTON, Minn. (September 3, 2024) – Supporting the educational goals of employees and their families is a core component of The Toro Company’s philanthropic support. As part of this effort, two annual scholarship programs are available to employees and their dependents through both The Toro

07 Aug 2024

The Toro Company to Announce Fiscal 2024 Third Quarter Results

BLOOMINGTON, Minn. --(BUSINESS WIRE)--Aug. 7, 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 third quarter results on Thursday, September 5 , at approximately 7:30 a.m. CDT .

01 Jul 2024

The Toro Company Announces the Sale of its Australia-Based Residential Pope Products Business

Reinforces focus on strategic priorities that provide the greatest profitable growth opportunities BLOOMINGTON, Minn. --(BUSINESS WIRE)--Jul. 1, 2024-- The Toro Company (NYSE: TTC), through its wholly-owned subsidiaries Toro Australia Pty Ltd and Toro Australia Group Sales Pty Ltd based in South

12 Jun 2024

The Toro Company Releases 2023 Sustainability Impact Report

Company continues to cultivate a positive impact across the industries and communities it serves, in addition to furthering sustainability initiatives BLOOMINGTON, Minn. --(BUSINESS WIRE)--Jun. 12, 2024-- The Toro Company (NYSE: TTC), a leading global provider of solutions for the outdoor

06 Jun 2024

The Toro Company Reports Results for the Second Quarter of Fiscal 2024

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

21 May 2024

The Toro Company Declares Regular Quarterly Cash Dividend

BLOOMINGTON, Minn. --(BUSINESS WIRE)--May 21, 2024-- The Toro Company (NYSE: TTC) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.36 per share of TTC’s common stock. This dividend is payable on July 11, 2024 , to shareholders of record at the close

08 May 2024

The Toro Company to Announce Fiscal 2024 Second Quarter Results

BLOOMINGTON, Minn. --(BUSINESS WIRE)--May 8, 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 .

19 Mar 2024

The Toro Company Declares Regular Quarterly Cash Dividend

BLOOMINGTON, Minn. --(BUSINESS WIRE)--Mar. 19, 2024-- The Toro Company (NYSE: TTC) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.36 per share of TTC’s common stock. This dividend is payable on April 12, 2024 , to shareholders of record at the close

07 Mar 2024

The Toro Company Reports Results for the First Quarter of Fiscal 2024

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

22 Feb 2024

The Toro Company and NRPA Partner on New Workforce Pathways for Youth Initiative

$2 million grant provided by the U.S. Department of Labor to connect young people to new career opportunities Ashburn, Va. (February 21, 2024) — The National Recreation and Park Association (NRPA) and The Toro Company are proud to partner on a new initiative dedicated to workforce development and

07 Feb 2024

The Toro Company to Announce Fiscal 2024 First Quarter Results

BLOOMINGTON, Minn. --(BUSINESS WIRE)--Feb. 7, 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 first quarter results on Thursday, March 7 , at approximately 7:30 a.m. CST .

06 Feb 2024

The Toro Company Named to Fortune’s List of World’s Most Admired Companies

BLOOMINGTON, Minn. --(BUSINESS WIRE)--Feb. 6, 2024-- The Toro Company (NYSE: TTC), a leading global provider of solutions for the outdoor environment, has been recognized by Fortune as one of the World’s Most Admired Companies for 2024. The Toro Company ranked fifth in the construction and farm

26 Jan 2024

Toro® Transpira™ Wins 2023 New Product of the Year

EL CAJON, Calif. --(BUSINESS WIRE)--Jan. 26, 2024-- Toro, a leading global provider of solutions for the outdoor environment, is proud to announce that Transpira™ has been awarded the 2023 New Product of the Year Award in the Agriculture Irrigation Category by the Irrigation Association .

20 Dec 2023

The Toro Company Reports Fourth-Quarter and Full-Year Fiscal 2023 Financial Results

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

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.