News Releases

23 Nov 2004

Toro Named Official Provider of Utility Vehicles for 78th Annual Macy's Thanksgiving Day Parade(R)

BLOOMINGTON, Minn., Nov 23, 2004 /PRNewswire-FirstCall via COMTEX/ -- The Toro Company (NYSE: TTC) today announced it has been named the official supplier of utility vehicles for the 2004 Macy's Thanksgiving Day Parade(R). Toro will join SpongeBob SquarePants, Disney's Chicken Little, Red and

18 Oct 2004

The Toro Company Names Michael J. Hoffman President and Chief Operating Officer

Kendrick B. Melrose to Continue as CEO and Chairman BLOOMINGTON, Minn., Oct. 18 /PRNewswire-FirstCall/ -- The Toro Company (NYSE: TTC) today announced the election of Michael J. Hoffman, 49, to the position of President and Chief Operating Officer. Hoffman is a 27-year veteran with the company and

30 Sep 2004

The Toro Company Board of Directors Authorizes Purchase of Up to 1,000,000 Additional Shares

BLOOMINGTON, Minn., Sep 30, 2004 /PRNewswire-FirstCall via COMTEX/ -- The board of directors of The Toro Company (NYSE: TTC) today authorized the company to purchase up to 1,000,000 additional shares of its common stock, from time to time, in the open market or in privately negotiated transactions.

30 Sep 2004

The Toro Company Declares Regular Quarterly Dividend

BLOOMINGTON, Minn., Sept. 30 /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 26, 2004 to stockholders of record October 12, 2004.

24 Aug 2004

Toro Third Quarter Net Earnings Up 26.5% on 15.1% Net Sales Growth

Company on Track for Record Full Year Net Sales and Earnings LIVE CONFERENCE CALL August 24, 10:00 a.m. CT www.thetorocompany.com/invest BLOOMINGTON, Minn., Aug. 24 /PRNewswire-FirstCall/ -- The Toro Company (NYSE: TTC) today reported record net earnings of $34.2 million, or $1.33 per diluted

17 Jun 2004

The Toro Company Celebrates 90th Anniversary With Minnesota Governor Pawlenty

Company to Showcase Innovative Products of the Past, Present and Future BLOOMINGTON, Minn., Jun 17, 2004 (PRNewswire-FirstCall via COMTEX) -- The Toro Company today announced it will celebrate its 90th anniversary with Minnesota Governor Tim Pawlenty around the theme, "Innovation Days." To mark the

27 May 2004

The Toro Company Declares Regular Quarterly Dividend; Board Authorizes Purchase of up to 3,000,000 Shares

BLOOMINGTON, Minn., May 27 /PRNewswire-FirstCall/ -- The board of directors of The Toro Company (NYSE: TTC) announced it has declared a regular quarterly cash dividend of six cents per share payable July 12, 2004 to stockholders of record June 20, 2004.

25 May 2004

Toro Reports Record Second Quarter Sales and Net Earnings

Net Earnings Up 24.4% on 10.5% Sales Growth Company Again Raises Outlook for Full-Year Earnings Live Conference Call May 25, 10:00 a.m. CT http://www.thetorocompany.com/invest BLOOMINGTON, Minn., May 25 /PRNewswire-FirstCall/ -- The Toro Company (NYSE: TTC) today reported record net earnings of

20 May 2004

The Toro Company 2nd Quarter Conference Call

BLOOMINGTON, Minn.--(BUSINESS WIRE)--May 20, 2004--The Toro Company (NYSE:TTC): Tuesday, May 25, 2004 10:00 - 11:00 a.m. Central Daylight Savings Time 1-888-882-0115 The Toro Company chairman and chief executive officer Ken Melrose and chief financial officer Steve Wolfe will be available to answer

15 Apr 2004

The Toro Company Announces Preliminary Results of 'Dutch Auction' Tender Offer

BLOOMINGTON, Minn., April 15 /PRNewswire-FirstCall/ -- The Toro Company (NYSE: TTC) today announced the preliminary results of its "Dutch Auction" tender offer to purchase up to 2,500,000 shares of its common stock. The tender offer expired at 5:00 p.m., New York City time, on Wednesday, April 14,

17 Mar 2004

The Toro Company Commences Dutch Auction Tender Offer to Repurchase 2,500,000 of Its Shares

BLOOMINGTON, Minn., March 17 /PRNewswire-FirstCall/ -- The Toro Company (NYSE: TTC) today commenced its previously announced Dutch auction self-tender offer for up to 2,500,000 shares, or approximately 10.3%, of its outstanding common stock, at prices ranging from $56.50 to $60.00 per share, or a

12 Mar 2004

The Toro Company Announces Dutch Auction Tender Offer to Repurchase 2,500,000 of Its Shares; Declares Regular Quarterly Cash Dividend

BLOOMINGTON, Minn., March 12 /PRNewswire-FirstCall/ -- The Toro Company (NYSE: TTC) announced today that its Board of Directors approved the repurchase of up to 2,500,000 shares of its common stock, through a Dutch auction self-tender offer. The tender offer is expected to commence during the week

24 Feb 2004

Toro Reports Record First Quarter Net Earnings Up 34% to $0.36 Per Diluted Share

Sales Growth and Improved Operating Performance Benefit First Quarter Performance Company Now Expects Fiscal 2004 Net Earnings Growth of 14% to 18% LIVE CONFERENCE CALL February 24, 10:00 a.m. CT www.thetorocompany.com/invest BLOOMINGTON, Minn., Feb 24, 2004 /PRNewswire-FirstCall via COMTEX/ -- The

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.

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.