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Toro Co (TTC.N)

TTC.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Toro Co announces Michael J. Hoffman's retirement from board, election of Richard M. Olson as chairman
Tuesday, 5 Sep 2017 04:45pm EDT 

Sept 5 (Reuters) - Toro Co :The Toro Company announces Michael J. Hoffman's retirement from the board and the election of Richard M. Olson as chairman.Toro Co - ‍in connection with Hoffman's retirement, board size will be reduced from 11 to 10 directors, effective November 3, 2017​.  Full Article

Toro Co Q3 earnings per share $0.61
Thursday, 24 Aug 2017 08:30am EDT 

Aug 24 (Reuters) - Toro Co ::The Toro company reports record third quarter results.Q3 earnings per share $0.61.Q3 sales $627.9 million versus i/b/e/s view $628.1 million.Q3 earnings per share view $0.57 -- Thomson Reuters I/B/E/S.Sees FY 2017 earnings per share about $2.38.Toro Co says ‍now expects revenue growth for fiscal 2017 to be at least 4.5 percent​.Toro Co - qtrly net inventories were $349.0 million, up 6.7 percent.FY2017 earnings per share view $2.37, revenue view $2.51 billion -- Thomson Reuters I/B/E/S.  Full Article

Toro Co reports Q2 earnings per share $1.08
Thursday, 25 May 2017 08:30am EDT 

May 25 (Reuters) - Toro Co :Reports Q2 sales of $872.8 million .The Toro Company reports record second quarter results.Sees Q3 earnings per share about $0.56.Q2 earnings per share $1.08.Sees FY 2017 earnings per share about $2.35.Q2 revenue view $861.8 million -- Thomson Reuters I/B/E/S.Q2 earnings per share view $1.03 -- Thomson Reuters I/B/E/S.Toro co - now expects revenue growth for fiscal 2017 to be about 4.5 percent.Q3 earnings per share view $0.57 -- Thomson Reuters I/B/E/S.Fy2017 earnings per share view $2.32 -- Thomson Reuters I/B/E/S.  Full Article

3TL Technologies announces license agreement to provide PLATFORM3 to Toro Company
Thursday, 23 Feb 2017 09:00am EST 

3TL Technologies Corp :3TL Technologies Corp - a two-year license agreement to provide platform, its software as a service consumer marketing platform, to toro company.  Full Article

Toro posts Q1 earnings per share $0.41
Thursday, 23 Feb 2017 08:30am EST 

Toro Co : The Toro Company reports record first quarter results . Sees Q2 earnings per share about $1.00 . Q1 earnings per share $0.41 . Q1 sales $515.8 million versus I/B/E/S view $502.5 million . Q1 earnings per share view $0.36 -- Thomson Reuters I/B/E/S . Sees FY 2017 earnings per share about $2.25 to $2.30 . Toro Co - company continues to expect revenue growth for fiscal 2017 to be about 3 to 4 percent . Toro Co - for Q2, company expects net earnings to be about $1.00 per share . Q2 earnings per share view $1.06 -- Thomson Reuters I/B/E/S .FY2017 earnings per share view $2.28, revenue view $2.49 billion -- Thomson Reuters I/B/E/S.  Full Article

Toro Q4 earnings per share $0.27
Thursday, 8 Dec 2016 08:30am EST 

Toro Co : Toro Co - qtrly net sales decrease of 2.6 percent to $468.4 million . Toro Co - board of directors has declared a quarterly cash dividend of $0.175 per share, a 16.7 percent increase . FY 2017 earnings per share view $2.22 -- Thomson Reuters I/B/E/S . Q1 earnings per share view $0.35 -- Thomson Reuters I/B/E/S . Q4 revenue view $477.6 million -- Thomson Reuters I/B/E/S . The Toro Company reports record fiscal 2016 results . Sees Q1 earnings per share about $0.34 to $0.36 . Sees FY 2017 earnings per share about $2.20 to $2.26 . Sees FY 2017 revenue up about 3 to 4 percent . Q4 earnings per share $0.27 .Q4 earnings per share view $0.21 -- Thomson Reuters I/B/E/S.  Full Article

Toro Q3 earnings per share $1.0; declares 2-for-1 stock split
Thursday, 18 Aug 2016 08:30am EDT 

The Toro Company : Reports Record Third Quarter Earnings; Declares 2-for-1 stock split . Q3 earnings per share $1.00 . Q3 sales $1.924 billion . Q3 revenue view $623.8 million -- Thomson Reuters I/B/E/S . Q3 earnings per share view $0.99 -- Thomson Reuters I/B/E/S . Sees full-year earnings per share about $3.95 to $4.00 . Full-Year revenue growth expectations for fiscal 2016 have also been narrowed to flat to up 1 percent . Full-year earnings per share view $4.01 -- Thomson Reuters I/B/E/S . Declared a two-for-one split of company's common stock, which will be effected in form of a 100 percent stock dividend . Stock dividend will be distributed on September 16, 2016, to shareholders of record as of September 1, 2016 .Full-year revenue view $2.43 billion -- Thomson Reuters I/B/E/S.  Full Article

The Toro Company elects Richard Olson as CEO
Tuesday, 19 Jul 2016 05:00pm EDT 

Toro Co : Elected Richard M. Olson to position of president and chief executive officer, effective November 1, 2016 . Current chairman and chief executive officer, Michael J. Hoffman, will continue to serve as chairman of board .The Toro Company elects Richard M. Olson chief executive officer.  Full Article

Toro entered into third amended and restated program and repurchase agreement with Red Iron Acceptance
Friday, 8 Jul 2016 05:03pm EDT 

Toro Co : Entered into third amended and restated program and repurchase agreement with Red Iron Acceptance LLC .Initial term of third amended repurchase agreement will expire on October 31, 2017.  Full Article

Toro reports Q2 earnings per share $1.89
Thursday, 19 May 2016 08:30am EDT 

Toro Co : The Toro Company reports record second quarter earnings . Q2 sales $836.4 million . Sees Q3 earnings per share about $0.95 . Q2 earnings per share $1.89 . Q2 revenue view $854 million -- Thomson Reuters I/B/E/S . Q2 earnings per share view $1.79 -- Thomson Reuters I/B/E/S . Sees FY 2016 earnings per share about $3.90 to $4.00 . Now expects revenue growth for fiscal 2016 to be flat to up two percent . "On residential side of business, poor weather in later part of quarter negatively impacted sales" in Q2 . "Q2 results were also negatively impacted by lower sales of residential riding products" . Fy2016 earnings per share view $4.02 -- Thomson Reuters I/B/E/S . Q3 earnings per share view $1.05 -- Thomson Reuters I/B/E/S .Fy2016 revenue view $2.49 billion -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-Toro Co announces Michael J. Hoffman's retirement from board, election of Richard M. Olson as chairman

* The Toro Company announces Michael J. Hoffman's retirement from the board and the election of Richard M. Olson as chairman