The Toro Company (TTC) Tops Q2 EPS by 1c; Updates FY16 EPS Outlook; Declares Two-for-One Stock Split

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Go back to The Toro Company (TTC) Tops Q2 EPS by 1c; Updates FY16 EPS Outlook; Declares Two-for-One Stock Split

The Toro Company Reports Record Third Quarter Earnings; Declares 2-for-1 Stock Split

August 18, 2016 8:30 AM EDT

Net earnings per share for the quarter up 6.4 percent to a record $1.00 Record operating results driven by solid professional segment performance Board of Directors declares two-for-one-stock split

BLOOMINGTON, Minn.--(BUSINESS WIRE)-- The Toro Company (NYSE: TTC) today reported net earnings of $55.8 million, or $1.00 per share, on net sales of $601 million, a decrease of 1.4 percent, for its fiscal third quarter ended July 29, 2016. In the comparable fiscal 2015 period, the company delivered net earnings of $53.3 million, or $0.94 per share, on net... More