Toro Company (TTC) Tops Q2 EPS by 10c

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The Toro Company Reports Record Second Quarter Earnings

May 19, 2016 8:30 AM EDT

Strong professional sales drive record operating results for the quarter Net earnings per share for the quarter up 15.2 percent to a record $1.89 Early spring retail momentum slowed by less favorable weather late in the quarter

BLOOMINGTON, Minn.--(BUSINESS WIRE)-- The Toro Company (NYSE: TTC) today reported net earnings of $105.7 million, or $1.89 per share, on a net sales increase of 1.2 percent to $836.4 million for its 2016 second quarter ended April 29, 2016. In the comparable fiscal 2015 period, the company delivered net earnings of... More