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Toro Announces Multiple Cost Saving Measures in Response to Global Recession
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Feb. 11, 2009-- The Toro Company (NYSE: TTC) today announced that it will reduce its worldwide salaried and office workforce by approximately 100 employees to better align the company’s cost structure with the current economic and business environment.
Toro Reports Fiscal 2008 Full Year Results
Company reports net earnings per share of $3.10 International sales grow 12 percent offsetting weakness in domestic business Improved asset management drives record operating cash flow BLOOMINGTON, Minn.--(BUSINESS WIRE)-- Dec. 9, 2008 --The Toro Company (NYSE: TTC) today reported net earnings of
The Toro Company Declares Regular Quarterly Dividend
BLOOMINGTON, Minn.--(BUSINESS WIRE)--Dec. 3, 2008--The Toro Company (NYSE: TTC) today announced that its board of directors has declared a regular quarterly cash dividend of 15 cents per share. The dividend is payable on January 12, 2009 to shareholders of record on December 18, 2008.
The Toro Company Acquires Assets of Southern Green to Strengthen Position in Aerification Market
Southern Green's Deep-Tine Aerators Expand Toro's Popular Line of ProCore(R) Aeration Equipment BLOOMINGTON, Minn., Oct 13, 2008 (BUSINESS WIRE) -- The Toro Company (NYSE:TTC) today announced that it has acquired certain assets from Southern Green, Inc., a leading manufacturer of deep-tine aeration
The Toro Company Declares Regular Quarterly Dividend
BLOOMINGTON, Minn.--(BUSINESS WIRE)--Sept. 16, 2008--The Board of Directors of The Toro Company (NYSE: TTC) today announced it has declared a regular quarterly cash dividend of 15 cents per share payable on October 17, 2008 to shareholders of record on October 3, 2008.
Toro Reports Third Quarter 2008 Results
Company delivers net earnings per share of $0.99 Net sales up 3 percent driven by strength of international business Operating cash flow improves by $42 million driven by lower inventories BLOOMINGTON, Minn.--(BUSINESS WIRE)--Aug. 21, 2008--The Toro Company (NYSE: TTC) today reported net earnings
Toro Celebrates 10th Anniversary of its Center for Advanced Turf Technology
BLOOMINGTON, Minn.--(BUSINESS WIRE)--July 8, 2008--The Toro Company (NYSE: TTC), a global leader in turf maintenance equipment and irrigation solutions, today announced the 10th anniversary of its Center for Advanced Turf Technology (CATT) - a cross-functional team of engineers and agronomists
Toro Reports Second Quarter Results
Company reports net earnings per share of $1.60 Significant improvement in channel inventory Board authorizes repurchase of 4 million additional shares and declares quarterly dividend BLOOMINGTON, Minn.--(BUSINESS WIRE)--May 22, 2008--The Toro Company (NYSE: TTC) today reported net earnings of
Toro Revises Earnings Outlook
Weak Economic Conditions, Late Spring and a Reduction of Channel Inventory Dampen Results BLOOMINGTON, Minn.--(BUSINESS WIRE)--May 2, 2008--The Toro Company (NYSE: TTC) said today that it now expects net earnings per share for its fiscal second quarter ending May 2, 2008 to range from $1.55 to
The Toro Company Declares Regular Quarterly Dividend
BLOOMINGTON, Minn., Mar 11, 2008 (BUSINESS WIRE) -- The Board of Directors of The Toro Company (NYSE: TTC) announced today it has declared a regular quarterly cash dividend of 15 cents per share payable on April 11, 2008 to shareholders of record on March 24, 2008.
Toro Reports Record First Quarter Sales and Net Earnings
Net sales up 7 percent to $405.8 million; International sales up 19.5 percent; Earnings from operations up 15.2 percent; Net earnings per share up 6.8 percent to $0.47 BLOOMINGTON, Minn.--(BUSINESS WIRE)--Feb. 21, 2008--The Toro Company (NYSE: TTC) today reported record net sales and net earnings
The Toro Company And ITT Flowtronex® Enter Into U.S. and Canada Sales And Marketing Alliance
RIVERSIDE, Calif. (Feb. 8, 2008) – The industry leaders in golf course irrigation and pump station solutions are joining forces to help golf courses more efficiently manage water resources. The Toro Company has formed an alliance with ITT Flowtronex® in which Toro distributors will now offer
Toro Reports Record Fiscal 2007 Earnings
Net Earnings Per Share Up 16.8 Percent to $3.40 Board Raises Quarterly Dividend From $0.12 to $0.15 Per Common Share Company Announces Acquisition of Turf Guard(TM) Technology BLOOMINGTON, Minn.--(BUSINESS WIRE)--Dec. 6, 2007--The Toro Company (NYSE:TTC) today reported record net sales and net
The Toro Company Acquires Turf Guard(TM) Wireless Monitoring Technology
Acquisition strengthens position in precision irrigation market BLOOMINGTON, Minn.--(BUSINESS WIRE)--Dec. 6, 2007--The Toro Company (NYSE:TTC) today announced it has acquired Turf Guard(TM) wireless monitoring technology from JLH Labs, LLC. The purchase of Turf Guard systems helps strengthen the
High School Students Participate in Inaugural Future Leaders Forum at Children's Miracle Network Classic Presented by Wal-Mart
Students shadow golf, leadership experts at PGA TOUR Event ST. AUGUSTINE, Fla.--(BUSINESS WIRE)--Oct. 17, 2007--Fifty high school students from worldwide chapters of The First Tee will see that golf is more than a game while attending the first-ever Future Leaders Forum, Nov.