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Toro Co. - TTC STOCK NEWS

Welcome to our dedicated news page for Toro Co. (Ticker: TTC), a resource for investors and traders seeking the latest updates and insights on Toro Co..

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Toro Co.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Toro Co.'s position in the market.

News
The Toro Company Declares Regular Quarterly Cash Dividend
Rhea-AI Summary
The Toro Company (NYSE: TTC) declares a quarterly cash dividend of $0.36 per share for shareholders, payable on April 12, 2024. The dividend is a positive sign of financial stability and investor confidence.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.05%
Tags
dividends
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News
The Toro Company Reports Results for the First Quarter of Fiscal 2024
Rhea-AI Summary
The Toro Company (NYSE: TTC) reports first-quarter net sales of $1.00 billion, with a decline compared to the previous year. Adjusted diluted EPS was $0.64, reflecting a decrease from the same period last year. The company reaffirms its full-year fiscal 2024 guidance, expecting low-single-digit total company net sales growth and adjusted diluted EPS in the range of $4.25 to $4.35. The company attributes the decline in net sales to lower shipments of zero-turn mowers and snow and ice management products, offset by higher shipments in other segments. The company remains optimistic about its innovation leadership and strong business fundamentals driving growth in fiscal 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.54%
Tags
earnings
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News
The Toro Company to Announce Fiscal 2024 First Quarter Results
Rhea-AI Summary
The Toro Company (TTC) will release its fiscal 2024 first quarter results on March 7, 2024, at 7:30 a.m. CST. An earnings conference call will follow at 10 a.m. CST, with a live webcast available at www.thetorocompany.com/invest. A replay will also be available on the website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.88%
Tags
earnings
News
The Toro Company Named to Fortune’s List of World’s Most Admired Companies
Rhea-AI Summary
The Toro Company (NYSE: TTC) has been recognized by Fortune as one of the World’s Most Admired Companies for 2024, ranking fifth in the construction and farm machinery category. The company's commitment to excellence, innovation, and value creation has earned it this prestigious recognition. The World's Most Admired Companies list evaluates companies based on attributes such as innovation, social responsibility, quality of management, and global competitiveness. The Toro Company's consistent dedication to these principles has earned it a place among the world's most admired organizations. The 2024 list recognized 660 companies across 29 countries and 52 industries. The company has also been recognized for fostering a culture characterized by trust, integrity, and unmatched customer care, earning distinctions as one of the World’s Most Trustworthy Companies and the Most Trustworthy Companies in America for 2023 by Newsweek.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.85%
Tags
none
-
News
Toro® Transpira™ Wins 2023 New Product of the Year
Rhea-AI Summary
Toro, a global provider of outdoor environment solutions, has won the 2023 New Product of the Year Award in the Agriculture Irrigation Category by the Irrigation Association for its Transpira™ product. This innovative technology, developed in collaboration with Treetoscope Ltd., measures plant water consumption and helps optimize water usage for sustainable agriculture. The company's commitment to advancing innovation and sustainability is evident in this recognition, following the 2021 New Product of the Year award for its Tempus® Ag product. Toro continues to lead in agricultural technology and innovation, providing solutions for reliable crop monitoring, decision support, and automation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.2%
Tags
none
-
News
The Toro Company Reports Fourth-Quarter and Full-Year Fiscal 2023 Financial Results
Rhea-AI Summary
The Toro Company (NYSE: TTC) reported full-year net sales of $4.55 billion, compared to $4.51 billion in fiscal 2022. Full-year reported diluted EPS was $3.13, and adjusted diluted EPS was $4.21, compared to $4.20 reported and adjusted diluted EPS in fiscal 2022. Fourth-quarter net sales were $0.98 billion, compared to $1.17 billion in the same period of fiscal 2022. Fourth-quarter reported diluted EPS was $0.67, and adjusted diluted EPS was $0.71, compared to $1.12 reported diluted EPS and $1.11 adjusted diluted EPS in the same period of fiscal 2022. The company also provided full-year fiscal 2024 guidance of adjusted diluted EPS in the range of $4.25 to $4.35.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.94%
Tags
earnings
News
The Toro Company Board of Directors Increases Regular Quarterly Cash Dividend
Rhea-AI Summary
The Toro Company (TTC) Increases Quarterly Dividend to $0.36 per Share, Continuing 15-Year Growth Streak
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.58%
Tags
management dividends
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News
The Toro Company Elects Dianne Craig to Board of Directors
Rhea-AI Summary
The Toro Company (TTC) has elected Dianne Craig, president of Lincoln, the luxury vehicle division of Ford Motor Company (F), to its Board of Directors, effective January 1, 2024. Richard Olson, chairman and CEO, expressed his satisfaction, citing Dianne's extensive executive leadership achievements and operational execution experience as valuable assets for the company's strategic vision and governance principles.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.72%
Tags
management
-
News
The Toro Company to Announce Fiscal 2023 Full-Year Results
Rhea-AI Summary
The Toro Company (TTC) to Release Fiscal 2023 Fourth Quarter and Full-Year Results on December 20
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.84%
Tags
earnings
News
The Toro Company to Present at the Baird 2023 Global Industrial Conference
Rhea-AI Summary
The Toro Company will present at the Baird 2023 Global Industrial Conference on November 7, 2023. The presentation will be webcasted and can be accessed on the company's website. A replay will also be available.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.12%
Tags
conferences
Stock TTC logo
Toro Co.

NYSE:TTC

TTC Rankings

#839 Ranked by Market Cap
#3499 Ranked by Stock Gains
#1535 Ranked by Dividends

TTC Stock Data

8.95B
98.11M
0.59%
91.22%
4.72%
Lawn and Garden Tractor and Home Lawn and Garden Equipment Manufacturing
Manufacturing
Link
United States
Bloomington

About TTC

the toro company (nyse: ttc) is a leading worldwide provider of innovative solutions for the outdoor environment including turf, snow and ground engaging equipment, and irrigation and outdoor lighting solutions. with sales of $2.2 billion in fiscal 2014, toro’s global presence extends to more than 90 countries. through constant innovation and caring relationships built on trust and integrity, toro and its family of brands have built a legacy of excellence by helping customers care for golf courses, landscapes, sports fields, public green spaces, commercial and residential properties and agricultural fields. for more information, visit www.toro.com.