News Releases

10 Dec 2003

Toro Delivers Record Sales and Net Earnings, Achieving Profit Improvement Plan Goals With Strong 2003 Performance

2003 Net Earnings Per Diluted Share Total $3.12, Exceeding Analyst Estimates LIVE CONFERENCE CALL December 10, 10:00 a.m. CT www.thetorocompany.com/invest BLOOMINGTON, Minn., Dec. 10 /PRNewswire-FirstCall/ -- The Toro Company (NYSE: TTC) today reported record net earnings of $81.6 million, or $3.12

04 Dec 2003

The Toro Company Declares Regular Quarterly Dividend

BLOOMINGTON, Minn., Dec. 4 /PRNewswire-FirstCall/ -- The board of directors of The Toro Company (NYSE: TTC) announced it has declared a regular quarterly cash dividend of 6 cents per share payable January 12, 2004 to stockholders of record December 18, 2003.

23 Sep 2003

The Toro Company Declares Regular Quarterly Dividend

BLOOMINGTON, Minn., Sept. 23 /PRNewswire-FirstCall/ -- The board of directors of The Toro Company (NYSE: TTC) announced it has declared a regular quarterly cash dividend of 6 cents per share payable October 17, 2003 to stockholders of record October 3, 2003.

26 Aug 2003

Toro Third Quarter Net Earnings Per Share Up 23% to $1.03

Company Raises Fiscal 2003 Guidance; Profit Improvement Initiatives Continue To Benefit Performance LIVE CONFERENCE CALL August 26, 10 a.m. CDT www.thetorocompany.com/invest BLOOMINGTON, Minn., Aug 26, 2003 /PRNewswire-FirstCall via COMTEX/ -- The Toro Company (NYSE: TTC) today reported net

30 May 2003

The Toro Company Declares Regular Quarterly Dividend

BLOOMINGTON, Minn., May 30, 2003 /PRNewswire-FirstCall via COMTEX/ -- The board of directors of The Toro Company (NYSE: TTC) announced it has declared a regular quarterly cash dividend of 6 cents per share payable July 11, 2003 to stockholders of record June 18, 2003.

28 May 2003

Toro Second Quarter Net Earnings Per Share Up 10% To $1.61

Sales Growth and Margin Improvement Benefit Second Quarter Performance LIVE CONFERENCE CALL May 28, 2003 -- 10 a.m. CDT www.thetorocompany.com/invest BLOOMINGTON, Minn., May 28 /PRNewswire-FirstCall/ -- The Toro Company (NYSE: TTC) today reported net earnings of $42.0 million, or $1.61 per diluted

20 Mar 2003

The Toro Company Announces Two-for-One Stock Split: Declares Regular Quarterly Cash Dividend

BLOOMINGTON, Minn., Mar 20, 2003 /PRNewswire-FirstCall via COMTEX/ -- The board of directors of The Toro Company (NYSE: TTC) announced it has approved a two-for- one stock split of its Common Stock, which will be effected in the form of a 100 percent stock dividend.

25 Feb 2003

Toro Reports First Quarter Earnings Per Diluted Share of $0.54

BLOOMINGTON, Minn., Feb 25, 2003 /PRNewswire-FirstCall via COMTEX/ -- Sales Growth and Margin Increase Drive Improvement in Operating Results And Increase in Fiscal 2003 Guidance Live Conference Call 10 a.m. CST www.toro.com/companyinfo/invest.html The Toro Company (NYSE: TTC) today reported net

12 Feb 2003

Toro Expects First Quarter Earnings Per Diluted Share of $0.52 to $0.54 Will Exceed Its Estimates

BLOOMINGTON, Minn., Feb 12, 2003 /PRNewswire-FirstCall via COMTEX/ -- First Quarter to Benefit from One-Time Gain of $0.16 Per Diluted Share On Legal Settlement The Toro Company (NYSE: TTC) today said it currently expects to report net earnings per diluted share of $0.52 to $0.54 for its fiscal

11 Dec 2002

Toro Exceeds Profit Expectations Before Charges for Fiscal 2002; Expects Double Digit Earnings Growth in Fiscal 2003

LIVE CONFERENCE CALL 10 a.m. CST www.toro.com/companyinfo/invest.html BLOOMINGTON, Minn., Dec. 11 /PRNewswire-FirstCall/ -- The Toro Company (NYSE: TTC) today reported net earnings of $5.0 million or $ .39 per diluted share on net sales of $275.4 million for its fiscal fourth quarter ended October

04 Dec 2002

The Toro Company Declares Regular Quarterly Dividend

BLOOMINGTON, Minn., Dec. 4 /PRNewswire-FirstCall/ -- The board of directors of The Toro Company (NYSE: TTC) announced it has declared a regular quarterly cash dividend of 12 cents per share payable January 10, 2003 to stockholders of record December 18, 2002.

19 Sep 2002

The Toro Company Declares Regular Quarterly Dividend

BLOOMINGTON, Minn., Sep 19, 2002 /PRNewswire-FirstCall via COMTEX/ -- The board of directors of The Toro Company (NYSE: TTC) announced it has declared a regular quarterly cash dividend of 12 cents per share payable October 12, 2002 to stockholders of record September 30, 2002.

13 Sep 2002

The Toro Company's Chairman and CFO Certify Financial Statements

BLOOMINGTON, Minn., Sep 13, 2002 /PRNewswire-FirstCall via COMTEX/ -- The Toro Company (NYSE: TTC) today announced that Chairman and Chief Executive Officer Kendrick B. Melrose and Chief Financial Officer Stephen P. Wolfe have signed and filed statements with the U.S.

27 Aug 2002

Toro Posts Double Digit Increase in Third Quarter Net Sales and Earnings

BLOOMINGTON, Minn., Aug 27, 2002 /PRNewswire-FirstCall via COMTEX/ -- LIVE CONFERENCE CALL 10 a.m. CST www.toro.com/companyinfo/invest.html The Toro Company (NYSE: TTC) today reported net earnings of $21.9 million or $1.68 per diluted share on net sales of $375.6 million for its fiscal third

12 Aug 2002

Toro Clarifies Third Quarter and Year End Expectations

BLOOMINGTON, Minn., Aug 12, 2002 /PRNewswire-FirstCall via COMTEX/ -- The Toro Company (NYSE: TTC) in order to further clarify its release this morning currently believes its estimates of net earnings per dilutive share for the third quarter will be in the range of $1.66 to $1.68.

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.