Welcome to our dedicated page for Toro news (Ticker: TTC), a resource for investors and traders seeking the latest updates and insights on Toro stock.
The Toro Company reports news around its outdoor-environment equipment portfolio, including turf and landscape maintenance, snow and ice management, underground construction, rental and specialty construction, irrigation, and outdoor lighting solutions.
Recurring updates for TTC cover Professional and Residential segment results, dividend and share-repurchase actions, product and brand portfolio developments, and completed acquisitions such as Tornado Infrastructure Equipment. Company announcements also address customer markets that include golf courses, sports fields, construction sites, public green spaces, commercial and residential properties, and agricultural operations.
The Toro Company (NYSE: TTC) reported impressive financial results for fiscal Q4 and the full year ended October 31, 2021. Q4 net sales reached $960.7 million, a 14.2% increase, with adjusted EPS at $0.56. For the full year, net sales grew 17.2% to $3.96 billion, with diluted EPS at $3.78, up 24.8%. Despite challenges like supply chain issues, the company launched innovative, battery-powered products aimed at future growth. For fiscal 2022, Toro expects net sales growth of 8% to 10% and adjusted EPS between $3.90 and $4.10.
The Toro Company (NYSE: TTC) has declared a $0.30 per share quarterly cash dividend, marking a 14% increase from the previous $0.2625. This dividend is set to be paid on January 11, 2022, to shareholders who are on record by December 28, 2021.
In fiscal 2020, The Toro Company reported sales of $3.4 billion, and is recognized as a significant provider of solutions for outdoor environments globally.
The Toro Company (NYSE: TTC) will release its fiscal 2021 fourth quarter and full-year results on December 15 at 7:30 a.m. CST. An earnings conference call will follow at 10 a.m. CST. The earnings release will be accessible at www.thetorocompany.com/invest. Toro is a global leader in outdoor solutions, reporting $3.4 billion in sales for fiscal 2020 with a presence in over 125 countries.
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Insight Enterprises has appointed Joyce Mullen as President and Chief Executive Officer, effective January 1, 2022. She succeeds Ken Lamneck, who will support her transition. Mullen previously served as North America President at Insight and held a 21-year career at Dell Technologies. Her leadership style focuses on people-first values and maintaining strong client relationships. Mullen also sits on the Board of The Toro Company. Insight Enterprises, a Fortune 500 company, delivers technology solutions to optimize business operations.
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The Toro Company (NYSE: TTC) has declared its 150th consecutive quarterly cash dividend of $0.2625 per share. This dividend is scheduled for payment on October 21, 2021, to shareholders recorded as of October 6, 2021. In fiscal 2020, Toro reported sales of $3.4 billion and operates in over 125 countries, offering solutions in turf maintenance, snow management, and more. The company emphasizes its commitment to innovation and shareholder value.
The Toro Company (NYSE: TTC) reported a robust fiscal third quarter, with net sales reaching $977 million, a 16.2% increase year over year. The professional segment saw a 15.2% rise, while residential sales soared by 23.0%. Reported diluted EPS was $0.89, with adjusted EPS at $0.92, reflecting a 12.2% increase. The company raised its full-year guidance, anticipating 17% net sales growth and adjusted EPS in the range of $3.53 to $3.57. CEO Richard M. Olson emphasized strong demand, operational excellence, and future investments in technology.
The Toro Company (NYSE: TTC) will release its fiscal 2021 third-quarter results on September 2 at 7:30 a.m. CDT. The earnings release will be available on their official website. An earnings conference call is scheduled for the same day at 10 a.m. CDT, with a live webcast accessible for interested parties. Toro is recognized as a leader in outdoor solutions, achieving $3.4 billion in sales in fiscal 2020, with a presence in over 125 countries and a diverse portfolio of brands.
The Toro Company (NYSE: TTC) reported strong fiscal Q2 2021 results, with net sales reaching $1.15 billion, a 23.6% increase from the prior year. Net earnings grew 44.4% to $142.2 million, resulting in an earnings per share (EPS) rise of 44.0% to $1.31. Both segments, professional and residential, showed robust growth, driven by demand for innovative products, including battery-powered offerings. The company raised its full-year guidance, projecting net sales growth of 12.0% to 15.0% and adjusted EPS between $3.45 and $3.55.