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The Toro Company Reports Second Quarter Results
Acquisition of Charles Machine Works completed ahead of schedule with favorable first month results Second quarter sales increase 9.9 percent to $962.0 million , fueled by acquisition Reported quarterly EPS of $1.07 ; adjusted quarterly EPS of $1.17 New full-year EPS guidance of $2.90 to $3.00 and
The Toro Company Declares Regular Quarterly Cash Dividend
BLOOMINGTON, Minn. --(BUSINESS WIRE)--May 21, 2019-- The Toro Company (NYSE: TTC) today announced that its board of directors has declared a regular quarterly cash dividend of $0.225 per share. This dividend is payable on July 11, 2019 , to shareholders of record on June 25, 2019 .
The Toro Company to Announce Fiscal 2019 Second Quarter Results
BLOOMINGTON, Minn. --(BUSINESS WIRE)--May 16, 2019-- The Toro Company (NYSE: TTC) today announced that it will release its fiscal 2019 second quarter results on Thursday, May 23, 2019 , at approximately 7:30 a.m. CDT . The full text of The Toro Company’s earnings release will be available at that
Hazeltine National Golf Club Enters Long-Term Agreement With Toro
The Toro Company and Toro distributor, MTI Distributing, have finalized an 11-year equipment and tournament support agreement with Hazeltine National Golf Club in Chaska, Minn. Leaders from Hazeltine National and Toro gathered at the course on April 26, 2019, for a ceremonial agreement signing.
Legendary Toro Performance Now Available in Lithium-Ion Battery-Powered Line
The legendary performance of Toro’s gas-powered products is now available in a battery-powered line. The company has just introduced three new mowers, a leaf blower and a string trimmer with Toro’s new Flex-Force Power System™ featuring 60V1lithium-ion technology. A 60V snowblower will be available later in 2019.
The Toro Company Completes Acquisition of Charles Machine Works
Parent Company of Market-Leading Ditch Witch BLOOMINGTON, Minn. --(BUSINESS WIRE)--Apr. 1, 2019-- The Toro Company (NYSE: TTC) today announced that it has successfully completed its acquisition of privately held The Charles Machine Works, Inc. , an Oklahoma corporation and the parent company of
Jeffrey L. Harmening and Joyce A. Mullen Join The Toro Company Board of Directors
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Mar. 20, 2019-- On March 19, 2019 , The Toro Company (NYSE: TTC) held its annual meeting of shareholders at which two long-standing directors, Robert C. Buhrmaster and Christopher A. Twomey , retired from Toro’s Board of Directors and two new directors, Jeffrey
The Toro Company Declares Regular Quarterly Cash Dividend
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Mar. 19, 2019-- The Toro Company (NYSE: TTC) today announced that its board of directors has declared a regular quarterly cash dividend of $0.225 per share. This dividend is payable on April 12, 2019 , to shareholders of record on April 1, 2019 .
The Toro Company to Webcast 2019 Annual Meeting of Shareholders
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Mar. 12, 2019-- The Toro Company (NYSE: TTC) today announced that it will webcast its 2019 Annual Meeting of Shareholders to be held on Tuesday, March 19, 2019 , at 1:30 p.m. CDT . A live, listen-only webcast of the meeting will be available at
The Toro Company to Present at Raymond James 40th Annual Institutional Investors Conference
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Feb. 26, 2019-- The Toro Company (NYSE: TTC) today announced that it will present at the upcoming Raymond James 40th Annual Institutional Investors Conference at the JW Marriott Orlando, Grande Lakes , in Florida on Monday, March 4, 2019 .
The Toro Company Reports Record First Quarter Results
First quarter sales increase 10 percent to a record $603.0 million Reported quarterly EPS of $0.55 ; adjusted quarterly EPS of $0.51 , up 6.3 percent over comparable 2018 period adjusted EPS of $0.48 , includes $0.03 acquisition related expenses Strength of new products across the portfolio drove
The Toro Company to Acquire The Charles Machine Works, Inc.
Parent Company of a Strong Portfolio of Underground Construction Brands Including Market-Leading Ditch Witch BLOOMINGTON, Minn. --(BUSINESS WIRE)--Feb. 15, 2019-- The Toro Company (NYSE: TTC) today announced that it has entered into a definitive agreement to acquire privately-held The Charles
The Toro Company to Announce Fiscal 2019 First Quarter Results
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Feb. 14, 2019-- The Toro Company (NYSE: TTC) today announced that it will release its fiscal 2019 first quarter results on Thursday, February 21, 2019 , at approximately 7:30 a.m. CST . The full text of Toro’s earnings release will be available at that time at
Toro Introduces All-New Electric Riding Greensmower
Toro announces the launch of the most advanced, all-electric riding greensmower on the market, the Toro® Greensmaster® eTriFlex™ Series. The new eTriFlex carries no hydraulic fluid and utilizes all-electric components for traction, steering, lift and cutting units. These new “EnergySmart™” models deliver an operationally friendly design with noise reductions, operational cost savings, and other meaningful improvements to complement the ever-important enhancements in cutting performance.
Toro Celebrates 100 Years Serving the Golf Industry
The Toro Company has reached the 100-year mark in serving the golf industry. In 1919, Toro developed the industry’s first motorized fairway mower, the Toro Standard Golf Machine, for The Minikahda Club, in Minneapolis, Minnesota. By mounting five individual reel mowers onto the front of a farm tractor, Toro helped courses increase productivity by replacing the labor and time intensive use of horse-drawn equipment.