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.
Toro Company (TTC) delivers innovative solutions for turf maintenance, landscaping, and outdoor infrastructure management. This news hub provides investors and industry professionals with timely updates on corporate developments, financial performance, and product innovations shaping the outdoor equipment sector.
Access official press releases, earnings reports, and strategic announcements alongside curated analysis of Toro’s market position. Our repository covers product launches in irrigation technology, sustainability initiatives for professional turf care, and partnerships enhancing global distribution networks.
Key updates include developments in snow management systems, advancements in precision mowing equipment, and operational expansions across residential and commercial markets. All content is verified through primary sources to ensure accuracy and compliance with financial disclosure standards.
Bookmark this page for streamlined access to Toro’s evolving business narrative. Combine real-time updates with historical context to track the company’s progress in maintaining leadership across golf course maintenance, sports field care, and smart irrigation solutions.
The Toro Company (NYSE: TTC) has declared a regular quarterly cash dividend of $0.34 per share, payable on April 19, 2023. Shareholders on record as of April 6, 2023 will receive this dividend. Toro, a leading provider of outdoor solutions, reported $4.5 billion in net sales for fiscal 2022 and operates in over 125 countries. The company is known for its wide range of brands, including Toro, Ditch Witch, and Exmark, providing services in turf maintenance, snow management, and irrigation, among others.
The Toro Company (NYSE: TTC) reported a strong first-quarter performance for fiscal 2023, achieving net sales of $1.15 billion, a 23% year-over-year increase. The diluted EPS rose to $1.01, up 53% year-over-year, with adjusted diluted EPS at $0.98, a 49% increase. The professional segment drove significant growth, with net sales of $880.7 million, up 30.9%, while the residential segment saw a modest 3.6% growth to $264.6 million. The company reaffirms guidance for fiscal 2023, anticipating net sales growth of 7% to 10% and adjusted diluted EPS in the range of $4.70 to $4.90.
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