TORO CO (TTC) The Toro Company specializes in the global development, manufacturing, distribution, and sale of a diverse array of equipment for both commercial and home use. Its Professional division supplies a comprehensive suite of turf and landscape maintenance machinery. This includes specialized tools for the upkeep of athletic fields and golf courses, equipment for landscape contractors involved in mowing, creation, and renovation, as well as other general maintenance tools. This segment also provides apparatus for rental, specialized tasks, and underground construction projects. Furthermore, it offers solutions for snow and ice control, such as snowplows, brushes, snow thrower attachments, and salt/sand spreaders, along with their associated parts and accessories compatible with light and medium-duty trucks, utility task vehicles, skid steers, and front-end loaders. The professional offerings extend to irrigation and lighting products, encompassing sprinkler heads, electric and hydraulic valves, control units, central computer-based irrigation systems, coupling mechanisms, and agricultural drip tape and hose. Professionally installed landscape lighting options are also available via distributors and contractors. Products from this segment are mainly channeled through an extensive network of authorized distributors and dealers, catering to professionals responsible for managing golf courses, sports fields, municipal grounds, agricultural lands, residential and commercial landscapes, and snow/ice removal. The company also engages in direct sales to governmental entities, equipment rental businesses, and certain retailers. The Residential division caters to homeowners with consumer-grade outdoor power equipment. Its product lineup features walk-behind and zero-turn riding lawnmowers, snow blowers, and necessary replacement parts. It also offers a range of household outdoor tools, including grass and hedge trimmers, leaf blowers, blower-vacuums, chainsaws, string trimmers, garden hoses, and retail hose-end irrigation items. These residential products are made available to consumers through the company's network of distributors and dealers, as well as major home improvement centers, hardware stores, mass market retailers, and e-commerce platforms. The Toro Company was founded in 1914 and is headquartered in Bloomington, Minnesota.
Sector: Lawn & Garden Tractors & Home Lawn & Gardens Equip
Industry: Manufacturing - Tools & Accessories
The Toro Company NYSE:TTC Industrials · Manufacturing - Tools & Accessories
Mkt Cap $9.97B
Div Yield 1.48%
AH Close $105.29 +0.00% vs close
AH Close $105.29 +0.00% vs close
Mkt Cap $9.97B
Div Yield 1.48%
All Press Release SEC Filings News
Press Release
The Toro Company Names Neal M. Lackritz Chief Technology Officer
The Toro Company named Neal M. Lackritz as its first vice president and chief technology officer, effective November 2, 2026.
In the newly created role, Lackritz will oversee the global engineering organization and the Center for Technology, Research and Innovation, focusing on autonomous, alternative power and connected solutions.
He joins from Whisker with more than 30 years of technology leadership spanning Apple, Bose and Ariens; Toro reported $4.5 billion in net sales for fiscal 2025.
• 5d ago AI analysis › Press Release
The Toro Company OneFleet™ Program Offers Savings Across Its Leading Brand Portfolio
The Toro Company launched OneFleet, a program giving qualifying U.S. fleet customers access to exclusive promotional savings of up to 21% across participating brands.
The program spans compact construction, mowing and turf care, snow and ice management, irrigation and landscape lighting, covering brands including Toro, BOSS Snowplow, Ventrac, Exmark, Z Turf Equipment and Unique Lighting Systems.
OneFleet is an added loyalty benefit layered on top of existing brand fleet programs and does not replace them, supporting cross-selling across the portfolio.
• 5d ago AI analysis › Press Release
Toro Showcases New Residential Outdoor Power Equipment at Equip Expo
Toro is showcasing a new residential outdoor power equipment lineup at the Equip Expo trade show in Louisville, October 20-23.
Headline launches include the HAVEN AM75 LiDAR-guided autonomous mower, a redesigned compact 50-inch TimeCutter with 20% less storage footprint, a 24-inch Power Max HD snow blower, and a limited edition TITAN MAX MyRIDE Longhorn zero-turn mower capped at 1,000 serialized units.
The release is promotional with no financial figures or guidance; the autonomous mower entry is a modest competitive response in residential robotics.
• 11d ago AI analysis › Press Release
Stand and Deliver: Toro Unveils Two Stand-On Platforms at Equip Expo
Toro unveiled two new stand-on platforms at Equip Expo in Louisville (October 20-23): the AeroMaster, its first dedicated stand-on blower, and a redesigned GrandStand HDM+ mower.
The AeroMaster delivers 8,100 effective CFM -- claimed to be up to 30% more airflow than competitors -- while the HDM+ adds power and serviceability at a lower price point in 32-inch and 36-inch models.
Both machines integrate with Toro's Horizon360 business management software, which also gains a new entry-level Basic subscription tier and improved fleet tracking.
• 11d ago AI analysis › Press Release
Robot Precision and Zero Turn Muscle: Toro's 2027 Residential Mower Collection
Toro unveiled its 2027 residential mower collection, headlined by the HAVEN AM75 autonomous mower and a refreshed TimeCutter zero turn lineup.
The HAVEN AM75 uses LiDAR-guided navigation for properties up to three-quarters of an acre, while the new compact 50-inch TimeCutter saves up to 20% on storage space.
Both lines reach authorized dealers, toro.com and major retailers in 2027, extending Toro's push into robotic lawn care against startup competitors.
• 12d ago AI analysis › Press Release
Toro Encourages Homeowners to Protect their Snow Blower's Built-In Shield
Toro issued a consumer education release marking National Snow Blower Maintenance Week (October 15-21), focusing on wear items like skid shoes, scraper bars, and rubber paddles.
The release offers pre-season adjustment guidance, including a 1/8-inch clearance rule for paved surfaces and higher skid-shoe settings for gravel driveways.
The content is brand marketing with no financial figures, product launches, or corporate developments; it has no material bearing on TTC fundamentals.
• 17d ago AI analysis › Press Release
The Toro Company Declares Regular Quarterly Cash Dividend
Toro declared its regular quarterly cash dividend of $0.39 per share, payable October 20, 2026 to holders of record October 6, 2026.
The declaration maintains the existing payout with no change to the dividend amount, reflecting business-as-usual capital return.
Toro reported net sales of $4.5 billion in fiscal 2025 across a brand family spanning turf, construction, and irrigation solutions.
• 1mo ago AI analysis › Press Release ⚠ 2
The Toro Company Elects David Huml to Board of Directors
Tennant Company president and CEO David Huml has been elected to The Toro Company's Board of Directors, effective immediately.
Toro chairman and CEO Richard Olson cited Huml's leadership experience in global marketing, operations and product management, along with his expertise in robotics and smart-connected technologies.
Huml has spent 12 years at Tennant, where he previously served as chief operating officer and in senior vice president roles spanning APAC, EMEA and global marketing; he earlier held executive positions at Pentair plc.
For Tennant shareholders, the move is a routine outside board seat for the CEO, with no change to Tennant's operations, leadership or strategy.
• 1mo ago AI analysis › Press Release
The Toro Company to Present at D.A. Davidson 25th Annual Diversified Industrials & Services Conference
The Toro Company said President and Chief Operating Officer Edric Funk will participate in a fireside chat at the D.A. Davidson 25th Annual Diversified Industrials & Services Conference at 10:30 a.m. ET on Friday, September 25, 2026.
A live webcast and replay of the fireside chat will be available on the company's news-and-events page for investors who want to follow the discussion.
The release contains no financial or strategic news — the only figure cited is the standard boilerplate reference to net sales of $4.5 billion in fiscal 2025.
• 1mo ago AI analysis › Press Release
Toro Launches First Full-Size 24-Inch Two-Stage Snow Blower
Toro launched its first full-size 24-inch two-stage snow blower, leading an upgraded four-model Power Max HD series spanning 24-, 28-, 30-, and 32-inch widths.
The series features a 14-inch auger, an all-metal Quick Stick chute that swings 200 degrees in 0.4 seconds, 16-inch Never-Flat airless tires, a multi-light LED system, and commercial-grade gears Toro says are 2X stronger than shear-pin designs.
Units are expected to begin shipping this fall through Lowe's, Ace Hardware, and authorized Toro dealers, reinforcing Toro's position as America's #1 snow blower brand heading into winter.
• 1mo ago AI analysis › SEC Filing ⚠ 6
TTC: 10-Q · periodic report
The Toro Company reported third-quarter fiscal 2026 net sales of $1,225.8 million, up 8.4% year over year, with GAAP diluted EPS of $0.81 versus $0.54 and adjusted diluted EPS of $1.33, up 7.3%. Professional segment sales rose 8.8% and Residential segment profit jumped 235.1% on productivity gains and pricing.
The quarter includes a $43.1 million non-cash impairment tied to the planned closure of the Monterrey manufacturing facility and the exit of a residential mower platform. GAAP comparisons also benefited from lapping the prior-year $81.1 million Spartan trade name impairment.
The December 2025 acquisition of Tornado Infrastructure Equipment, completed for $210.3 million in cash, contributed $31.5 million of net sales in the quarter, and purchase accounting is substantially complete with $127.3 million of goodwill recognized in the Professional segment.
Toro returned $470.9 million to shareholders over the first nine months through a 2.6% dividend increase to $0.39 per share and repurchases of 3,915,301 shares, and estimates it may recover roughly $20 million of IEEPA tariffs following the Supreme Court decision invalidating them.
SEC 10-Q • 1mo ago AI analysis › Press Release ● Major ⚠ 4
The Toro Company Reports Record Third-Quarter Results
Toro posted record fiscal third-quarter 2026 results, with net sales up 8.4% year-over-year to $1.23 billion, GAAP diluted EPS up 50.0% to $0.81, and adjusted diluted EPS up 7.3% to $1.33.
Management raised full-year guidance on the strength of demand, now expecting net sales growth of 6.3%-6.6% (up from 4.0%-6.5%) and adjusted EPS of $4.60-$4.65 (up from $4.50-$4.62).
The Professional segment drove the quarter with sales of $1,012.6 million, up 8.8%, aided by the Tornado acquisition, while Residential sales rose 8.6% to $209.3 million with segment margin expanding to 5.9% from 1.9%.
Toro returned $110 million to shareholders in the quarter, bringing the year-to-date total to $471 million, and nine-month free cash flow climbed to $425.1 million from $291.9 million a year ago.
• 1mo ago AI analysis › Press Release
The Toro Company to Announce Fiscal 2026 Third Quarter Results
The Toro Company announced that it will release its fiscal 2026 third quarter results on Thursday, September 3, at approximately 7:30 a.m. CT.
The company will host a corresponding earnings conference call at 10 a.m. CT on the same day, accessible via webcast.
The full earnings release and webcast replay will be available on the company's investor relations website.
• 2mo ago AI analysis › Press Release ● Major
The Toro Company Elects President and Chief Operating Officer Edric C. Funk to Succeed Richard M. Olson as Chief Executive Officer as Part of Planned Succession
The Toro Company announced a planned leadership transition, electing President and COO Edric C. Funk to succeed Richard M. Olson as Chief Executive Officer effective November 1, 2026.
Olson, who has served as CEO since 2016 and been with the company for four decades, will transition to the role of Executive Chairman to ensure continuity during the change.
Funk, a 30-year veteran of the company, has been appointed to the board of directors immediately and will assume the CEO role later this year, bringing deep experience in global operations and supply chain management.
• 3mo ago AI analysis › Press Release
The Toro Company Publishes 2025 Global Sustainability Impact Report
The Toro Company released its fiscal 2025 Sustainability Impact Report, highlighting progress against prior goals and announcing new 2030 targets.
Key new commitments include reducing absolute Scopes 1 and 2 GHG emissions by 15% and achieving 90% waste diversion from landfills by 2030.
The report notes fiscal 2025 net sales of $4.5 billion and operational achievements such as diverting 18,000 tons of waste and reducing the Total Recordable Incident Rate by 57% compared to 2021.
• 4mo ago AI analysis › SEC Filing ⚠ 3
TTC: 10-Q · periodic report
The Toro Company reported second-quarter fiscal 2026 net sales of $1.42 billion, an 8.1% increase year-over-year, driven by net price realization, higher shipments, and the recent acquisition of Tornado Infrastructure Equipment. Net earnings rose 6.3% to $145.4 million, or $1.50 per diluted share, reflecting improved gross margins and productivity gains from the AMP initiative.
The Professional segment led growth with a 9.1% sales increase to $1.11 billion, benefiting from strong demand for underground construction equipment and zero-turn mowers. The Residential segment saw a 4.4% sales increase to $310.4 million, supported by price realization and zero-turn mower shipments, though snow product volumes declined.
Management highlighted cumulative cost savings of $106.8 million from the AMP productivity initiative, which is on track to deliver at least $125 million in run-rate savings by fiscal 2027. The company also noted potential eligibility for approximately $20 million in refunds of IEEPA tariffs, which could offset some incremental tariff headwinds, though no benefit has been recognized yet.
SEC 10-Q • 4mo ago AI analysis › Press Release ● Major
The Toro Company Reports Strong Second-Quarter Results Driven by Broad-Based Customer Demand and Margin Improvement
The Toro Company reported Q2 fiscal 2026 revenue of $1.42 billion, up 8.1% year-over-year, driven by strong demand across professional and residential segments and net price realization.
Adjusted diluted EPS rose 12.7% to $1.60, supported by margin expansion with gross margin improving to 34.5% (adjusted) and operating margin to 14.4% (adjusted).
Management raised full-year guidance, projecting net sales growth of 4.0%-6.5% and adjusted EPS of $4.50-$4.62, citing operational execution and market opportunities despite inflationary headwinds.
• 4mo ago AI analysis › Press Release
The Toro Company to Announce Fiscal 2026 Second Quarter Results
The Toro Company will release its fiscal 2026 second quarter earnings results on Thursday, June 4, at approximately 7:30 a.m. CT.
An earnings conference call is scheduled for 10 a.m. CT that same day, with a listen-only webcast available on the company's investor relations website.
The release serves as a calendar notice; no financial data or guidance is included in this announcement.
• 5mo ago AI analysis › Recent SEC filings with analysis 
