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 (NYSE: TTC) regularly issues news updates that describe its role as a global provider of solutions for the outdoor environment, with activities in turf and landscape maintenance, snow and ice management, underground utility construction, rental and specialty construction, and irrigation and outdoor lighting solutions. The company’s news flow offers insight into how it manages its Professional and Residential segments, its brand portfolio, and its financial and strategic priorities.
Recent press releases have focused on quarterly and full-year financial results, where management discusses segment performance, margin trends, productivity initiatives, and the use of non-GAAP financial measures such as adjusted earnings and free cash flow. These earnings announcements often highlight the contribution of underground construction and golf and grounds within the Professional segment, as well as demand conditions in the Residential segment.
News items also cover capital allocation and financing decisions, including declarations of regular quarterly cash dividends, authorizations of additional share repurchase capacity, and the issuance of senior notes under a note purchase agreement. These releases provide context on how the company finances its operations, manages its balance sheet, and returns capital to shareholders.
Another recurring theme in The Toro Company’s news is strategic transactions and partnerships. The company has announced both the agreement to acquire and the completion of the acquisition of Tornado Infrastructure Equipment Ltd., a manufacturer of vacuum trucks and industrial equipment solutions for underground construction, power transmission, and energy markets. It has also publicized partnerships such as its role as an official partner of the 2026 Special Olympics USA Games, including the provision of Toro utility and passenger vehicles to support event operations.
Additionally, The Toro Company issues releases on leadership appointments and organizational changes, such as naming new executives to roles overseeing corporate affairs, investor relations, and specific business groups like golf, grounds, and irrigation. For investors and observers, the TTC news page offers a consolidated view of financial performance, strategic direction, governance developments, and community engagement activities.
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 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.