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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 .
The Toro Company Provides Additional Information Regarding Its 2020 Annual Meeting of Shareholders
BLOOMINGTON, Minn. --(BUSINESS WIRE)-- The Toro Company (NYSE: TTC) today announced that in light of the global circumstances surrounding the novel coronavirus (COVID-19), it is encouraging the investment community and other interested stakeholders to participate in the company’s 2020 Annual
The Toro Company to Webcast 2020 Annual Meeting of Shareholders
BLOOMINGTON, Minn. --(BUSINESS WIRE)-- The Toro Company (NYSE: TTC) today announced that it will webcast its 2020 Annual Meeting of Shareholders to be held on Tuesday, March 17, 2020 , at 1:30 p.m. CDT . A live, listen-only webcast of the meeting will be available at www.thetorocompany.com/invest .
The Toro Company Reports First Quarter Fiscal 2020 Results
Charles Machine Works and Residential Segment Key Drivers of Strong Q1 Performance Net sales increased 27.3% compared to the same prior-year period Reported diluted EPS up 18.2%, and *adjusted diluted EPS up 20.8%, compared to the same prior-year period Maintains full-year adjusted EPS guidance
The Toro Company Completes Acquisition of Venture Products, Inc., Manufacturer of Ventrac Products
BLOOMINGTON, Minn. --(BUSINESS WIRE)-- The Toro Company (NYSE: TTC) today announced that it has successfully completed its acquisition of privately-held Venture Products, Inc. , the manufacturer of Ventrac-branded products. Based in Orrville, Ohio , Ventrac is a leading manufacturer of articulating
The Toro Company to Announce Fiscal 2020 First Quarter Results
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Feb. 13, 2020-- The Toro Company (NYSE: TTC) today announced that it will release its fiscal 2020 first quarter results on Thursday, March 5 , at approximately 7:30 a.m. CST . The full text of Toro’s earnings release will be available at that time at
The Toro Company to Acquire Venture Products, Inc., Manufacturer of Ventrac Products
Acquisition expands product portfolio with leader of articulating turf, landscape and snow equipment BLOOMINGTON, Minn. --(BUSINESS WIRE)--Jan. 21, 2020-- The Toro Company (NYSE: TTC) today announced that it has entered into an agreement to acquire privately-held Venture Products, Inc.
The Toro Company Reports Fiscal 2019 Results
Charles Machine Works Acquisition and Snow Products Contribute to Strong Q4 and Full-Year Performance Full-year net sales increased 19.8% over prior fiscal year to a record $3.1 billion Reported full-year diluted EPS up 1.2% over prior fiscal year; *Adjusted full-year diluted EPS up 12.4% over
The Toro Company Declares Regular Quarterly Cash Dividend
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Dec. 3, 2019-- The Toro Company (NYSE: TTC) today announced that its board of directors has declared a regular quarterly cash dividend of $0.25 per share, an 11.1 percent increase from its previous quarterly dividend rate of $0.225 per share.
The Toro Company to Announce Fiscal 2019 Full-Year Results
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Nov. 19, 2019-- The Toro Company (NYSE: TTC) today announced that it will release its fiscal 2019 full-year results on Wednesday, December 18, 2019 , at approximately 7:30 a.m. CST . The full text of Toro’s earnings release will be available at that time at
The Toro Company to Present at Baird's 2019 Global Industrial Conference
BLOOMINGTON, Minn. --(BUSINESS WIRE)--Oct. 30, 2019-- The Toro Company (NYSE: TTC) today announced that it will present at the upcoming Baird 2019 Global Industrial Conference at the Four Seasons Hotel Chicago on Wednesday, November 6, 2019 . Rick Olson , chairman and chief executive officer for