Toro Stock Price, News & Analysis

The Toro Company (NYSE: TTC) has announced a quarterly cash dividend of $0.38 per share of common stock. The dividend will be paid on July 11, 2025, to shareholders who are on record as of the close of business on June 17, 2025.

The Toro Company (NYSE: TTC) has scheduled the release of its fiscal 2025 second quarter financial results for Thursday, June 5, at 7:30 a.m. CT. The company will host an earnings conference call at 10 a.m. CT on the same day. Investors and interested parties can access the earnings release through the company's investor relations website at www.thetorocompany.com/invest. A live, listen-only webcast of the conference call will be available on the same website, with a replay accessible shortly after the call concludes.

The Toro Company (NYSE: TTC) has appointed Lori A. Riley as its new vice president of human resources, effective April 1, 2025. Riley succeeds Margeaux M. King, who departed in December 2024.

Riley joins TTC from Northern Tool + Equipment, where she served as chief people and administrative officer. Her appointment was announced by Richard M. Olson, chairman and CEO, who highlighted her extensive experience and innovative leadership style.

Throughout her career, Riley has:

• Led global corporate, technology and operations functions
• Modernized talent acquisition practices
• Enhanced employee engagement initiatives
• Demonstrated expertise in succession planning and digital transformation

Prior to Northern Tool + Equipment, Riley held positions as senior vice president of human capital at Optum and chief people officer at Rally Health. She holds multiple degrees from Northern Illinois University, including an MBA and a Master's in Education.

The Toro Company (NYSE: TTC) has announced its Board of Directors' declaration of a regular quarterly cash dividend. Shareholders will receive $0.38 per share of TTC's common stock. The dividend will be paid on April 14, 2025, to shareholders who are on record at the close of business on March 31, 2025.

The Toro Company (NYSE: TTC) reported first-quarter fiscal 2025 results, noting a slight decline in net sales to $1.0 billion from the same period in fiscal 2024. Reported diluted EPS decreased to $0.52 from $0.62, while adjusted diluted EPS increased to $0.65 from $0.64. The company maintained its full-year guidance for net sales growth of 0% to 1% and adjusted diluted EPS of $4.25 to $4.40.

Key highlights include:

• Professional segment net sales rose 1.6% to $768.8 million, driven by higher shipments of golf and grounds products and zero turn mowers.
• Residential segment net sales fell 8.0% to $221.0 million due to lower shipments of snow products and portable power products.
• Gross margin decreased to 33.7%, impacted by higher material and manufacturing costs.
• SG&A expenses increased to 25.9% of net sales.
• $100 million was returned to shareholders through share repurchases.

Despite macroeconomic uncertainties, the company remains optimistic about its market leadership and operational efficiency, supported by its AMP initiative and strong demand in key markets.

The Toro Company (NYSE: TTC) has announced a new recycling partnership with Call2Recycle, the nation's largest consumer battery stewardship and collection program. This collaborative initiative aims to advance battery recycling and drive waste reduction for high-energy batteries used in outdoor power equipment.

The program is a joint effort with the Outdoor Power Equipment Institute, the Power Tool Institute, and manufacturers including Chervon, Husqvarna, Makita, Stanley Black & Decker, STIHL, and Techtronic Industries. Through this partnership, consumers will have access to responsible end-of-life solutions for high-energy batteries exceeding 300-watt hours that power products like lawnmowers and snow blowers.

Under the new program, eligible retailers will receive safety training and recycling materials. Consumers can return end-of-life high-energy batteries to participating collection sites for proper assessment, shipping, and recycling, supporting a circular economy while protecting people, property, and the environment.

The Toro Company (NYSE: TTC) has announced it will release its fiscal 2025 first quarter results on Thursday, March 6, at approximately 7:30 a.m. CST. The company, which specializes in outdoor environment solutions, will make the full earnings release available on their investor relations website. Additionally, TTC will host an earnings conference call at 10 a.m. CST on the same day.

A live, listen-only webcast of the earnings call will be accessible through the company's investor website. Interested participants are advised to register in advance and install any required audio software. A replay of the call will be made available on the website shortly after the event concludes.

HammerHead Trenchless, a division of The Toro Company (NYSE: TTC), has acquired the assets of ProKASRO Services USA, a market leader in robotic solutions and rehabilitation equipment for underground water and wastewater infrastructure repair. Based in Centennial, Colorado, ProKASRO is known for its robotics, UV pipe lining solutions, and lateral rehabilitation technologies that enable contractors to repair underground pipelines without digging.

The acquisition expands HammerHead's product portfolio in the trenchless pipe rehabilitation and replacement market, covering both CIPP and pipe bursting markets. HammerHead will continue marketing these products under the ProKASRO USA brand name, maintaining operations in Colorado. With service facilities in both Wisconsin and Colorado, the company aims to maintain quality standards and expand customer service capabilities.