Toro Company (TTC) Tops Q2 EPS by 1c; Raises FY Outlook
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The Toro Company Reports Solid Second-Quarter Fiscal 2022 Results
June 2, 2022 8:30 AM EDTOperational Execution Drives Sequential Quarterly Gross Margin Increase and Improved Full Year Outlook
Second-quarter net sales up 8.7% year-over year to $1.25 billion Second-quarter reported diluted EPS of $1.24; *Adjusted diluted EPS of $1.25 Sequential gross margin and *adjusted operating earnings margin improvement from the first quarter of fiscal 2022 Raises full year fiscal 2022 net sales and *adjusted diluted EPS guidanceBLOOMINGTON, Minn.--(BUSINESS WIRE)-- The Toro Company (NYSE: TTC) today reported results for its fiscal second-quarter ended April 29, 2022.
We delivered on our expectations... More
