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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.
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
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 .
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
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
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.
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
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
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
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 .
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
The Toro Company Takes Additional Proactive Actions in Response to COVID-19 Pandemic
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Apr. 30, 2020-- The Toro Company (NYSE: TTC) today announced additional proactive actions it is taking to mitigate anticipated impacts of the COVID-19 pandemic on its business. Richard M. Olson , The Toro Company’s chairman and chief executive officer said,
The Toro Company Gives $500,000 to Global Coronavirus Relief Efforts
Funds will assist nonprofits worldwide in effort to help those most vulnerable BLOOMINGTON, Minn. --(BUSINESS WIRE)--Apr. 20, 2020-- The Toro Company today announced that it is giving $500,000 to assist families and communities worldwide that have been impacted by the COVID-19 pandemic.
The Toro Company Provides Business Updates Related to COVID-19 Impact
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Mar. 30, 2020-- The Toro Company (NYSE: TTC) today provided a business update on the actions it is taking as a result of the novel coronavirus (COVID-19) pandemic. Richard M. Olson , The Toro Company’s chairman and chief executive officer said, “As the events
The Toro Company Declares Regular Quarterly Cash Dividend
BLOOMINGTON, Minn. --(BUSINESS WIRE)-- 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 April 9, 2020 , to shareholders of record on March 30, 2020 .