News Releases

07 Sep 2023

The Toro Company and Lowe’s Announce Strategic Partnership

Toro’s full line-up of all-season outdoor power equipment available at Lowe’s nationwide in spring 2024 BLOOMINGTON, Minn. & MOORESVILLE, N.C. --(BUSINESS WIRE)--Sep. 7, 2023-- The Toro Company (NYSE: TTC) and Lowe’s Companies, Inc. (NYSE: LOW) today announced a strategic retail partnership through

07 Sep 2023

The Toro Company Reports Fiscal 2023 Third-Quarter Results and Revises Full-Year Outlook

Lower-than-Expected Homeowner Demand for Lawn Care Solutions Driven by Macro Factors and Weather Continued Strength in Demand Across Construction , and Golf and Grounds Markets Announces New Strategic Partnership with Lowe’s Third-quarter net sales of $1.08 billion , compared to $1.16 billion in

16 Aug 2023

The Toro Company to Announce Fiscal 2023 Third Quarter Results

BLOOMINGTON, Minn. --(BUSINESS WIRE)--Aug. 16, 2023-- The Toro Company (NYSE: TTC) announced today that it will release its fiscal 2023 third quarter results on Thursday, September 7 , at approximately 7:30 a.m. CDT . The full text of The Toro Company’s earnings release will be available at that

27 Jul 2023

The Toro Company Names Jason P. Baab Vice President, Strategy, Corporate Development and Sustainability

BLOOMINGTON, Minn. --(BUSINESS WIRE)--Jul. 27, 2023-- The Toro Company (NYSE: TTC), a leading global provider of solutions for the outdoor environment, today announced that Jason P. Baab will join the company as vice president of strategy, corporate development and sustainability, effective July

15 Jun 2023

The Toro Company Releases 2022 Sustainability Report

Progress towards multi-year sustainability goals highlighted and materiality assessment confirms ESG priorities BLOOMINGTON, Minn. --(BUSINESS WIRE)--Jun. 15, 2023-- The Toro Company (NYSE: TTC) today released its Sustainability Report for fiscal 2022, highlighting progress made in support of its

08 Jun 2023

The Toro Company Names Joanna M. Totsky Vice President, General Counsel and Corporate Secretary

BLOOMINGTON, Minn. --(BUSINESS WIRE)--Jun. 8, 2023-- The Toro Company (NYSE: TTC), a leading global provider of solutions for the outdoor environment, today announced that Joanna M. Totsky will join the company as vice president, general counsel and corporate secretary, effective June 19, 2023 .

08 Jun 2023

The Toro Company Reports Record Results for the Second-Quarter of Fiscal 2023

Driven by Strong Professional Segment Performance and Continued Production Improvements   Record second-quarter net sales of $1.34 billion , up 7% year over year Record second-quarter reported diluted EPS of $1.59 , up 28% year over year Record second-quarter *adjusted diluted EPS of $1.58 , up 26%

23 May 2023

The Toro Company Declares Regular Quarterly Cash Dividend

BLOOMINGTON, Minn. --(BUSINESS WIRE)--May 23, 2023-- The Toro Company (NYSE: TTC) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.34 per share. This dividend is payable on July 12, 2023 , to shareholders of record at the close of business on June 21,

04 May 2023

The Toro Company to Announce Fiscal 2023 Second Quarter Results

BLOOMINGTON, Minn. --(BUSINESS WIRE)--May 4, 2023-- The Toro Company (NYSE: TTC) announced today that it will release its fiscal 2023 second quarter results on Thursday, June 8 , at approximately 7:30 a.m. CDT . The full text of The Toro Company’s earnings release will be available at that time at

21 Mar 2023

The Toro Company Declares Regular Quarterly Cash Dividend

BLOOMINGTON, Minn. --(BUSINESS WIRE)--Mar. 21, 2023-- The Toro Company (NYSE: TTC) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.34 per share. This dividend is payable on April 19, 2023 , to shareholders of record at the close of business on April

09 Mar 2023

The Toro Company Reports Record Results for the First-Quarter of Fiscal 2023

Highlighted by Strong Professional Segment Performance and Improved Profitability Record first-quarter net sales of $1.15 billion , up 23% year over year First-quarter reported diluted EPS of $1.01 , up 53% year over year Record first-quarter *adjusted diluted EPS of $0.98 , up 49% year over year

14 Feb 2023

Renee J. Peterson to Retire as The Toro Company’s Chief Financial Officer

Angela C. Drake elected Chief Financial Officer succeeding Peterson BLOOMINGTON, Minn. --(BUSINESS WIRE)--Feb. 14, 2023-- The Toro Company (NYSE: TTC) today announced that Renee J. Peterson , vice president and chief financial officer, plans to retire in July 2023 . Angela C.

03 Feb 2023

The Toro Company to Announce Fiscal 2023 First Quarter Results

BLOOMINGTON, Minn. --(BUSINESS WIRE)--Feb. 3, 2023-- The Toro Company (NYSE: TTC) announced today that it will release its fiscal 2023 first quarter results on Thursday, March 9 , at approximately 7:30 a.m. CST . The full text of The Toro Company’s earnings release will be available at that time at

02 Feb 2023

The Toro Company Announces Five-Year Commitment to The Atlanta University Center Consortium’s Dual Degree Engineering Program

Newly established partnership will provide a $375,000 grant to support student scholarships, in addition to engineering internships across The Toro Company and its businesses BLOOMINGTON, Minn. --(BUSINESS WIRE)--Feb. 2, 2023-- Continuing a long-standing commitment to furthering education and

21 Dec 2022

The Toro Company Reports Record Results for the Fourth-Quarter and Full-Year Fiscal 2022

Driven by Strong Professional Segment Momentum and Disciplined Execution   Full-year net sales of $4.51 billion , up 14% year over year Full-year reported diluted EPS of $4.20 ; *adjusted diluted EPS of $4.20 , up 16% year over year Fourth-quarter net sales of $1.17 billion , up 22.0% year over

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.