TTC

BLOOMINGTON, Minn., May 21, 2026--(BUSINESS WIRE)--The Toro Company (NYSE: TTC), a leading global provider of solutions for the outdoor environment, today announced that it will release its fiscal 2026 second quarter results on Thursday, June 4, at approximately 7:30 a.m. CT. The full text of The Toro Company’s earnings release will be available at that time at www.thetorocompany.com/invest. The company will also hold an earnings conference call at 10 a.m. CT that day. A live, listen-only webcast of the earnings conference call will be available at www.thetorocompany.com/invest. Visitors are encouraged to go to the website in advance of the call to register, and download and install any necessary audio software. A replay will be available on the website shortly following the call. About The Toro Company The Toro Company (NYSE: TTC) is a leading global provider of solutions for the outdoor environment including turf and landscape maintenance, snow and ice management, underground construction, rental and specialty construction, and irrigation and outdoor lighting solutions. With net sales of $4.5 billion in fiscal 2025, The Toro Company’s global presence extends to more than 125 countries through a family of brands that includes Toro, Ditch Witch, Exmark, BOSS, Ventrac, Tornado, HammerHead, American Augers, Spartan, Subsite, Radius, Hayter, Perrot, Unique Lighting Systems, Irritrol, and Lawn-Boy. Through constant innovation and caring relationships built on trust and integrity, The Toro Company and its family of brands have built a legacy of excellence by helping customers work on golf courses, sports fields, construction sites, public green spaces, commercial and residential properties and agricultural operations. For more information, visit www.thetorocompany.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260521190078/en/ Contacts Investor Relations Heather HilleVice President, Corporate Affairs and Investor Relations(952) 887-8923, [email protected] Media Relations Branden HappelSenior Manager, Public Relations(952) 887-8930, [email protected]

BLOOMINGTON, Minn., May 19, 2026--(BUSINESS WIRE)--The Toro Company (NYSE: TTC), a leading global provider of solutions for the outdoor environment, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.39 per share of TTC’s common stock. This dividend is payable on July 10, 2026, to shareholders of record at the close of business on June 16, 2026. About The Toro Company The Toro Company (NYSE: TTC) is a leading global provider of solutions for the outdoor environment including turf and landscape maintenance, snow and ice management, underground construction, rental and specialty construction, and irrigation and outdoor lighting solutions. With net sales of $4.5 billion in fiscal 2025, The Toro Company’s global presence extends to more than 125 countries through a family of brands that includes Toro, Ditch Witch, Exmark, BOSS, Ventrac, Tornado, HammerHead, American Augers, Spartan, Subsite, Radius, Hayter, Perrot, Unique Lighting Systems, Irritrol, and Lawn-Boy. Through constant innovation and caring relationships built on trust and integrity, The Toro Company and its family of brands have built a legacy of excellence by helping customers work on golf courses, sports fields, construction sites, public green spaces, commercial and residential properties and agricultural operations. For more information, visit www.thetorocompany.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260519495393/en/ Contacts Investor Relations Heather HilleVice President, Corporate Affairs and Investor Relations(952) 887-8923, [email protected] Media Relations Branden HappelSenior Manager, Public Relations(952) 887-8930, [email protected]

Enterprise bookings rose 24% and backlog hit a record $10.7 billion (up >30% vs. year-end 2025), driving 3% organic revenue growth and 7% adjusted EPS growth, led by strong Americas commercial HVAC and double‑digit services growth. Data centers and the Stellar Energy acquisition are key growth drivers — Stellar contributed roughly $1 billion to backlog, Trane expects about $500 million of Stellar revenue in 2026 and sees the business reaching ~ $1 billion with mid‑teens EBITDA in 2–3 years. Guidance and capital allocation were raised: 2026 organic revenue guidance ~7% (≈9.5% reported) and adjusted EPS of $14.75–$14.95, while management plans $2.8–$3.3 billion of capital deployment (including a 12% higher $900M dividend) and continued share repurchases. Interested in Trane Technologies plc? Here are five stocks we like better. The Toro Company: A Baby Bull Market Is Gaining Traction Trane Technologies (NYSE:TT) reported what Chair and CEO Dave Regnery called “another strong quarter,” highlighted by a surge in bookings and a record backlog that management said provides visibility into faster growth later in 2026. On the company’s Q1 2026 earnings call, executives also raised full-year revenue and earnings guidance, while addressing tariffs and inflation, regional market conditions, and the company’s expanding position in data centers following recent acquisitions. Regnery said first-quarter enterprise organic bookings increased 24%, driving backlog to a record $10.7 billion, up more than 30% versus year-end 2025. Organic revenue grew 3% in the quarter, led by the Americas commercial HVAC business and double-digit growth in global services, which Regnery noted represents about one-third of enterprise revenue and has delivered a “low teens compound annual growth rate since 2020.” → 5 Stocks to Buy in May Before the Next AI Surge Hits Dividends Are Rising: 3 Foreign Stocks Boosting Payouts The performance translated to adjusted earnings per share growth of 7%, according to Executive Vice President and CFO Chris Kuehn. Kuehn added that “enterprise organic leverage was in the high teens,” attributing the results to the company’s business operating system and operational execution. Commercial HVAC in the Americas stood out, with Regnery saying bookings were up about 40% year-over-year and reached an all-time high. He also pointed to Applied Solutions bookings growth...

BLOOMINGTON, Minn., March 17, 2026--(BUSINESS WIRE)--The Toro Company (NYSE: TTC), a leading global provider of solutions for the outdoor environment, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.39 per share of TTC’s common stock. This dividend is payable on April 13, 2026, to shareholders of record at the close of business on March 30, 2026. About The Toro Company The Toro Company (NYSE: TTC) is a leading global provider of solutions for the outdoor environment including turf and landscape maintenance, snow and ice management, underground construction, rental and specialty construction, and irrigation and outdoor lighting solutions. With net sales of $4.5 billion in fiscal 2025, The Toro Company’s global presence extends to more than 125 countries through a family of brands that includes Toro, Ditch Witch, Exmark, BOSS, Ventrac, Tornado, HammerHead, American Augers, Spartan, Subsite, Radius, Hayter, Perrot, Unique Lighting Systems, Irritrol, and Lawn-Boy. Through constant innovation and caring relationships built on trust and integrity, The Toro Company and its family of brands have built a legacy of excellence by helping customers work on golf courses, sports fields, construction sites, public green spaces, commercial and residential properties and agricultural operations. For more information, visit www.thetorocompany.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260317602238/en/ Contacts Investor Relations Heather Hille Vice President, Corporate Affairs and Investor Relations (952) 887-8923, [email protected] Media Relations Branden Happel Senior Manager, Public Relations (952) 887-8930, [email protected]

The Toro Company’s fourth quarter delivered sales and earnings above Wall Street’s expectations, with management attributing the results to strong demand for snow and ice products and continued growth in the underground and specialty construction markets. CEO Rick Olson highlighted operational agility in responding to a series of winter storms, which allowed the company to capitalize on incremental seasonal demand. Additionally, the acquisition of Tornado Infrastructure Equipment and disciplined execution in both the Professional and Residential segments helped drive performance. Management also pointed to progress in its multiyear AMP cost-saving program and healthy inventory management as important contributors to the quarter’s outcomes. Is now the time to buy TTC? Find out in our full research report (it’s free). Revenue: $1.04 billion vs analyst estimates of $1.00 billion (4.2% year-on-year growth, 3.5% beat) Adjusted EPS: $0.74 vs analyst estimates of $0.65 (14.2% beat) Adjusted EBITDA: $139.9 million vs analyst estimates of $126.9 million (13.5% margin, 10.3% beat) Management raised its full-year Adjusted EPS guidance to $4.50 at the midpoint, a 1.7% increase Operating Margin: 8.4%, in line with the same quarter last year Market Capitalization: $9.42 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Samuel Darkatsh (Raymond James) asked about the organic versus inorganic mix in Professional segment growth; CFO Angie Drake clarified that about 2% of growth came from the Tornado acquisition, with the remainder from core business categories. Tim Wojs (Baird) pressed on why the Professional guide was unchanged while Residential was raised; Drake noted Professional experienced international softness but core segments performed as expected. Wojs (Baird) also questioned overlap between snow and landscape contractor customers; CEO Rick Olson explained significant overlap and that strong snow seasons position contractors for healthy spring business. Wojs (Baird) inquired into adoption of autonomous solutions in the golf segment; Olson described broad interest driven by labor shortages, with Toro offering a wide r...

Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. Toro (TTC) drew fresh investor attention after reporting Q1 results that topped expectations, raising full year sales and earnings guidance, and folding in its Tornado Infrastructure Equipment acquisition along with progress on its cost saving program. See our latest analysis for Toro. The recent guidance raise and Q1 beat have arrived after a strong run in the shares, with a roughly 41% 3 month share price return and a 39% 1 year total shareholder return, although 3 and 5 year total shareholder returns remain more muted. If this earnings momentum has you looking at construction and infrastructure exposure more broadly, it could be worth sizing up 23 power grid technology and infrastructure stocks as a fresh set of ideas to research next. With Toro shares up sharply and the stock trading only about 4% below the average analyst price target, the key question now is whether recent execution still leaves upside on the table or if the market has already priced in future growth. Toro's most followed narrative pegs fair value at about $98.25, just below the latest close of $99.47. This frames the current debate around the shares. Read the complete narrative. Curious what kind of revenue runway and margin profile sit behind that nearly one-to-one gap between fair value and price? The narrative leans on steady top line expansion, a healthier profit margin and a future earnings multiple that is higher than earlier analyst work. If you want to see which of those levers carries the most weight in the model, the full narrative lays it out in black and white. Result: Fair Value of $98.25 (OVERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, that depends on homeowner demand and weather patterns not undercutting earnings, and on input costs and tariffs staying manageable enough for margins to hold up. Find out about the key risks to this Toro narrative. If this mix of optimism and caution resonates with you, it is worth checking the underlying data and weighing it for yourself. You can start with 2 key rewards and 1 important warning sign. If Toro is already on your radar, do not stop there. Use the Simply Wall St screener to quickly spot other opportunities that could suit your style. Zero in on quality at a di...

Earnings results often indicate what direction a company will take in the months ahead. With Q4 behind us, let’s have a look at The Toro Company (NYSE:TTC) and its peers. Agricultural machinery companies are investing to develop and produce more precise machinery, automated systems, and connected equipment that collects analyzable data to help farmers and other customers improve yields and increase efficiency. On the other hand, agriculture is seasonal and natural disasters or bad weather can impact the entire industry. Additionally, macroeconomic factors such as commodity prices or changes in interest rates–which dictate the willingness of these companies or their customers to invest–can impact demand for agricultural machinery. The 6 agricultural machinery stocks we track reported a strong Q4. As a group, revenues beat analysts’ consensus estimates by 1.3% while next quarter’s revenue guidance was 0.6% above. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 5.5% since the latest earnings results. Ceasing all production to support the war effort during World War II, Toro (NYSE:TTC) offers outdoor equipment for residential, commercial, and agricultural use. The Toro Company reported revenues of $1.04 billion, up 4.2% year on year. This print exceeded analysts’ expectations by 3.5%. Overall, it was a stunning quarter for the company with an impressive beat of analysts’ EBITDA estimates and a solid beat of analysts’ adjusted operating income estimates. The stock is down 1.3% since reporting and currently trades at $99.45. Is now the time to buy The Toro Company? Access our full analysis of the earnings results here, it’s free. Revolutionizing agriculture with the first self-polishing cast-steel plow in the 1800s, Deere (NYSE:DE) manufactures and distributes advanced agricultural, construction, forestry, and turf care equipment. Deere reported revenues of $9.61 billion, up 13% year on year, outperforming analysts’ expectations by 5.9%. The business had a stunning quarter with a solid beat of analysts’ EBITDA estimates and an impressive beat of analysts’ adjusted operating income estimates. Deere delivered the fastest revenue growth among its peers. However, the results were likely priced into the stock as it’s traded sideways since reporting. Shares currently sit at $589.09. Is now the time to buy Deere? Access...

Toro beat Q1 expectations with consolidated net sales of $1.04 billion (up 4.2%) and adjusted EPS of $0.74, and raised fiscal 2026 guidance to adjusted EPS of $4.40–$4.60 and total net sales growth of 3%–6.5%. Results were driven by strong snow-and-ice demand and growth in underground/specialty construction—professional sales (≈80% of the business) totaled $824 million—and Toro expects its Tornado Infrastructure acquisition to contribute about 2% (~$100 million) to annual sales. Productivity initiatives (AMP) have delivered $95 million in savings toward a $125 million target, free cash flow improved to $14.6 million (up >$80M YoY), and the company returned $133 million to shareholders including ~$95 million in buybacks while maintaining a 1.5x leverage ratio. Interested in Toro Company (The)? Here are five stocks we like better. The Toro Company: A Baby Bull Market Is Gaining Traction The Toro Company’s first quarter fiscal 2026 results came in ahead of management’s expectations, supported by higher shipments of snow and ice products, continued growth in underground and specialty construction, and ongoing productivity and cost savings initiatives. Toro (NYSE:TTC) reported consolidated net sales of $1.04 billion, up 4.2% from the prior year. Management said results exceeded its guidance in both the professional and residential segments, helped by strong execution that allowed the company to capitalize on seasonal demand. → Uber and Joby Aviation Team Up: Game Changer or Hype? The 8 best agricultural ETFs to consider for your portfolio By segment, professional net sales were $824 million and residential net sales were $206 million. Angie Drake, vice president and CFO, said both segments benefited from higher shipments of snow and ice products and net price realization. She added that strength in underground construction—including the successful integration of the company’s acquisition of Tornado Infrastructure Equipment—along with growth in the landscape business, contributed to professional segment performance. Consolidated adjusted operating earnings margin improved to 9.8% from 9.4% a year ago. Segment earnings also topped internal expectations, with professional segment earnings of $137.6 million and residential segment earnings of $13.2 million. Drake said year-over-year results reflected net price realization and the favorable impact of Toro’s ongoing pr...

This article first appeared on GuruFocus. Consolidated Net Sales: Increased by more than 4% to $1.04 billion. Adjusted Earnings Per Share (EPS): $0.74, up from $0.65 a year ago. Professional Segment Net Sales: $824 million. Residential Segment Net Sales: $206 million. Consolidated Adjusted Operating Earnings Margin: 9.8%, up from 9.4% a year ago. Professional Segment Earnings: $137.6 million. Residential Segment Earnings: $13.2 million. Free Cash Flow: $14.6 million, with a conversion rate of 22%. Inventory Turnover: Improved to 2.8 times. Shareholder Returns: $133 million returned through dividends and share repurchases. Leverage Ratio: 1.5 times. Cost Savings from AMP Program: $95 million towards a goal of $125 million. Warning! GuruFocus has detected 7 Warning Sign with TTC. Is TTC fairly valued? Test your thesis with our free DCF calculator. Release Date: March 05, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. The Toro Co (NYSE:TTC) reported a 4.2% increase in consolidated net sales, reaching $1.04 billion, exceeding expectations. Adjusted earnings per share rose to $0.74, up from $0.65 a year ago, driven by strong performance in the professional segment. The acquisition of Tornado Infrastructure Equipment expanded TTC's capabilities in hydrovac excavation solutions, contributing to growth. The AMP program has achieved $95 million in cost savings towards a $125 million goal, enhancing productivity and cost efficiency. TTC generated a positive free cash flow of $14.6 million, with a free cash flow conversion rate of 22%, reflecting strong financial discipline. International markets showed some softness, particularly in Europe and Asia, impacting overall growth expectations. Higher material and manufacturing costs partially offset the benefits of productivity improvements and cost savings measures. The residential segment is expected to see flat to a 3% decline in net sales, indicating potential challenges in this area. There was some weakness in the international golf market, with less investment compared to the domestic market. Valuations for potential M&A targets remain high, which could limit opportunities for strategic acquisitions. Q: Can you provide details on the organic growth of professional sales, excluding the impact of the Tornado acquisition? A: Richard Olson, Chairman and CEO, expla...

Image source: The Motley Fool. Thursday, March 5, 2026 at 11 a.m. ET Chairman and Chief Executive Officer — Rick Olson President and Chief Operating Officer — Edric Funk Vice President and Chief Financial Officer — Angie Drake Vice President, Corporate Affairs and Investor Relations — Heather Lilly Operator: Good day, ladies and gentlemen, and welcome to The Toro Company's first quarter earnings conference call. My name is Daniel, and I will be your coordinator for today. At this time, all participants are in listen-only mode. We will be facilitating a question-and-answer session. As a reminder, this conference is being recorded for replay purposes. I would now like to turn the conference over to your host for today's call, Heather Lilly, Vice President, Corporate Affairs and Investor Relations. Please proceed, Ms. Lilly. Heather Lilly: Good morning, everyone, and thank you for joining us for The Toro Company's first quarter 2026 earnings conference call. I am Heather Lilly, Head of Investor Relations. On the line with me today are Rick Olson, Chairman and Chief Executive Officer; Edric Funk, President and Chief Operating Officer; and Angie Drake, Vice President and Chief Financial Officer. Rick, Edric, and Angie will provide an overview of our first quarter results, which were released earlier this morning, and discuss our priorities and outlook for the remainder of fiscal 2026. Following their remarks, we will open the phone lines for a question-and-answer session. As a reminder, any forward-looking statements that we make this morning are subject to risks and uncertainties, including those described in today's earnings release, investor presentation, and most recent SEC filings, and may cause actual results to differ materially from those contemplated by these statements. Also, in our remarks, we will refer to certain non-GAAP financial measures, which we believe are important in evaluating the company's performance. Reconciliations of all non-GAAP numbers to the most directly comparable GAAP number are included in this morning's press release, along with the first quarter presentation containing supplemental information that is posted in the Investor Information section of our corporate site. With that, I will now turn the call over to Rick. Rick Olson: Thanks, Heather, and good morning, everyone. Throughout 2026, our teams remained diligently focused on...

Performance outperformance was primarily driven by operational agility in capturing incremental demand from winter storms across major population centers. The Professional segment, representing 80% of the portfolio, remains the primary growth engine fueled by underground construction and specialty equipment demand. Strategic acquisition of Tornado Infrastructure Equipment expands the company's hydrovac excavation capabilities into natural adjacencies with high growth potential. The multiyear AMP program has successfully delivered $95 million in cumulative cost savings, helping to mitigate higher material and manufacturing expenses. Inventory management improvements through integrated business planning significantly enhanced working capital and drove a 22% free cash flow conversion rate. Market positioning is being strengthened by a transition toward high-margin technology solutions, including autonomous turf maintenance and AI-enabled water management software. Full-year 2026 adjusted EPS guidance was raised to $4.40–$4.60, reflecting strong Q1 execution and improved expectations for the Residential segment. Management expects net realized price to contribute slightly more than the historical average of 1% to 2% for the remainder of the fiscal year. The outlook assumes a robust back-half performance in snow and ice categories due to healthy field inventory positions and positive preseason fill expectations. Free cash flow conversion is now projected to reach at least 120% for the full year, supported by continued inventory optimization and seasonal demand cycles. Growth in the Professional segment is expected to be sustained by multiyear tailwinds in data centers, energy, and telecommunications infrastructure projects. International markets showed unexpected softness across Europe and Asia, attributed to a general cooling of the global macroeconomic environment. The company is actively managing the impact of tariffs and inflationary pressures through net price realization and productivity initiatives. Capital allocation remains prioritized toward R&D and M&A, with $95 million in stock repurchases executed in Q1 as a secondary return mechanism. Geopolitical instability is noted as a potential headwind that could defer international golf and grounds development projects. Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how...

Toro Company (TTC) reported fiscal Q1 adjusted net earnings Thursday of $0.74 per diluted share, up