Toro Raises FY Outlook After 2Q Sales, Earnings Rise

Dow Jones

Jun 04

By Katherine Hamilton

Toro raised its full-year outlook after sales and profit rose in the fiscal second quarter.

The outdoor equipment maker said Thursday it now expects full-year adjusted earnings per share to be $4.50 to $4.62, up from a previous range of $4.40 to $4.60.

Full-year sales are now projected to increase 4% to 6.5%, compared with previous guidance of 3% to 6.5% growth.

Shares rose 6% to $96.41 in pre-market trading Thursday.

Toro posted a profit of $145.4 million, or $1.50 a share, in the quarter ended in early May, up from $136.8 million, or $1.37 a share, a year earlier.

Sales rose 8% to $1.42 billion. Sales from Toro's professional business increased 9%, while its residential unit sales advanced 4.4%.

Write to Katherine Hamilton at katherine.hamilton@wsj.com

(END) Dow Jones Newswires

June 04, 2026 09:13 ET (13:13 GMT)

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Sales from Toro's professional business increased 9%, while its residential unit sales advanced 4.4%. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Katherine Hamilton at katherine.hamilton@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 04, 2026 09:13 ET (13:13 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TTC","symbol_name":"托罗配件","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2640006150","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2640006150","pubTimestamp":1780578780,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Toro raised its full-year outlook after sales and profit rose in the fiscal second quarter.The outdoor equipment maker said Thursday it now expects full-year adjusted earnings per share to be $4.50 to $4.62, up from a previous range of $4.40 to $4.60.Full-year sales are now projected to increase 4% to 6.5%, compared with previous guidance of 3% to 6.5% growth.Shares rose 6% to $96.41 in pre-market trading Thursday.Toro posted a profit of $145.4 million, or $1.50 a share, in the quarter ended in early May, up from $136.8 million, or $1.37 a share, a year earlier.Sales rose 8% to $1.42 billion. 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Sales from Toro's professional business increased 9%, while its residential unit sales advanced 4.4%. \n\n\n \n\n\n  Write to Katherine Hamilton at katherine.hamilton@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 04, 2026 09:13 ET (13:13 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}