Toro Company (TTC) Misses Q2 EPS by 2c, Revenues Miss
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The Toro Company Reports Second Quarter Fiscal 2020 Results
June 4, 2020 8:30 AM EDTAcquisitions and Residential Segment Growth Partially Offset COVID-19 Related Impacts
Net sales of $929.4 million, down 3.4% year-over-year, driven by COVID-19 impacts Reported diluted EPS of $0.91, and *adjusted EPS of $0.92 Residential segment up 12.9% on mass retail strength and strong retail demand Strong liquidity position of approximately $800 millionBLOOMINGTON, Minn.--(BUSINESS WIRE)-- The Toro Company (NYSE: TTC) today reported results for its second quarter ended May 1, 2020.
It has been inspiring to see The Toro Companys values in action during this... More
