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20 Feb 2002

Toro's 1Q Earnings Exceed Previously Announced Expectations; Company Earns 12 Cents Before Goodwill Write-off and Restructuring Charges; Company Raises Expectations for Full Year

BLOOMINGTON, Minn., Feb 20, 2002 /PRNewswire-FirstCall via COMTEX/ -- LIVE CONFERENCE CALL 10 a.m. CST www.toro.com/companyinfo/invest.html The Toro Company (NYSE: TTC) today announced results for the first quarter ended Feb. 1, 2002: -- Net earnings per dilutive share were 12 cents before the

28 Jan 2002

Toro Announces Improved Operating Outlook before Charges for the First Quarter And Full Year; Announces the Effect of a Change in Accounting Principle

BLOOMINGTON, Minn., Jan. 28 /PRNewswire/ -- The Toro Company (NYSE: TTC) today announced that it expects to be profitable during the first quarter of fiscal 2002, excluding one time charges, exceeding current analyst expectations. The company had previously said it expected a loss of 20 cents per

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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.