Toro Stock Price, News & Analysis

The Toro Company (NYSE: TTC) appointed Grant M. Young as group vice president of Golf, Grounds and Irrigation, effective October 7, 2025.

Young succeeds Edric Funk, who was promoted to president and chief operating officer. Young will lead strategy for the Toro, Ventrac and Unique Lighting Systems brands across golf, grounds and irrigation channels.

Young joined Toro in 2004, held roles across Residential and Commercial businesses, became vice president of Commercial in 2023, and holds a BA in finance and marketing plus an MBA from Notre Dame.

The Toro Company (NYSE: TTC) has agreed to acquire Tornado Infrastructure Equipment Ltd. (TSX-V: TGH) for CAD$1.92 per share, valuing Tornado at CAD$279 million fully diluted. The all-cash transaction is expected to close in Toro’s fiscal 2026 Q1, subject to regulatory and security-holder approvals. Tornado reported ~CAD$149 million in net sales for the trailing 12 months ended June 30, 2025. Toro expects USD$3 million annual run-rate synergies over three years and says the deal will be marginally accretive to earnings in year one (excluding purchase accounting and transaction costs). Toro plans to finance the acquisition with debt from existing credit facilities and additional arrangements.

The Toro Company (NYSE: TTC), a leading global provider of outdoor environment solutions, has announced a quarterly cash dividend. The company's Board of Directors declared a regular quarterly dividend of $0.38 per share of common stock. The dividend will be paid on October 21, 2025, to shareholders of record as of October 7, 2025.

The Toro Company (NYSE:TTC) reported its fiscal 2025 third quarter results with net sales of $1.13 billion, down 2% year-over-year. The company posted adjusted diluted EPS of $1.24, up 5% from the previous year, despite recording a non-cash impairment charge of $0.62 per share.

The Professional segment showed strong performance with 5.7% sales growth to $930.8 million, driven by underground construction and golf and grounds products. However, the Residential segment experienced a significant decline of 27.9% to $192.8 million due to weak homeowner demand.

The company's AMP productivity program is on track to deliver run-rate savings of at least $100 million by 2027, with current annualized savings of $75 million. Management expects fiscal 2025 guidance at the lower end of previous ranges, with net sales flat to down 3% and adjusted EPS of about $4.15.

The Toro Company (NYSE: TTC), a leading global provider of outdoor environment solutions, has scheduled its fiscal 2025 third quarter earnings release for Thursday, September 4, at 7:30 a.m. CT.

The company will host an earnings conference call at 10:00 a.m. CT the same day. Investors can access the earnings release and listen to the live webcast at www.thetorocompany.com/invest. A replay of the call will be available on the website after the event.

The Toro Company (NYSE: TTC) has appointed Edric C. Funk as President and Chief Operating Officer, effective September 1, 2025. Funk, a 29-year company veteran, will oversee all global businesses and integrated supply chain operations, reporting to CEO Richard M. Olson.

Currently serving as Group Vice President of Golf, Grounds and Irrigation since 2022, Funk has held various leadership roles since joining Toro in 1996. His notable achievements include driving the acquisitions of Left Hand Robotics and TURFLYNX, advancing robotic mowing platforms, and establishing the company's Technology Forum. He was recognized as one of the Most Innovative People in Golf by Golf, Inc. in 2020.

The Toro Company (NYSE: TTC) announced the sale of its Trencor equipment brand and the auger boring product category under the American Augers brand. The company will continue manufacturing American Augers' underground equipment including horizontal directional drills, pumps, and fluid cleaning systems at its West Salem, Ohio facility.

The strategic divestment aims to focus on core underground categories with greater growth potential, particularly in pipeline, water, and energy transmission sectors. These assets were originally acquired through the Charles Machine Works acquisition in 2019. The financial terms of the transactions were not disclosed.

The Toro Company (NYSE: TTC) has released its 2024 Sustainability Impact Report, showcasing achievements across product innovation, operational efficiency, and community investment. Key highlights include launching a nationwide Battery Recycling Program with Call2Recycle, introducing autonomous equipment like the Exmark Turf Tracer with XiQ Technology, and implementing a Zero Waste to Landfill program. The company made significant strides in sustainability through initiatives such as a composting program that diverted 34,000 lbs of organic waste, breaking ground on a new 170,000 sq-ft paint facility in Oklahoma, and conducting a Double Materiality Assessment to guide ESG strategy. TTC also strengthened its workforce development through programs like Leadership InMotion, the Supervisor Excellence Program, and partnerships with organizations like NRPA. The company was recognized by Newsweek as one of the World's Most Trustworthy Companies.

The Toro Company (NYSE: TTC) reported Q2 fiscal 2025 results with net sales of $1.32 billion, slightly down from Q2 2024. While adjusted diluted EPS increased to $1.42 from $1.40, the company faced mixed segment performance. The Professional segment showed growth with sales up 0.8% to $1.01 billion and improved profitability at 19.9% of net sales. However, the Residential segment declined 11.4% to $297.4 million with reduced earnings. Due to macroeconomic headwinds, Toro updated its fiscal 2025 guidance, now expecting total company net sales to range from flat to down 3% and adjusted diluted EPS between $4.15 to $4.30. The company maintained strong operational execution despite challenges, with gross margin at 33.1% and adjusted operating earnings at 13.7% of net sales.