The Toro Co (TTC) Faces Headwinds in Q1 Fiscal 2024 Despite Solid Demand in Select Markets [Yahoo! Finance]
Toro Company (The) (TTC)
Last toro company (the) earnings: 3/5 08:30 am
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US:NYSE Investor Relations:
thetorocompany.gcs-web.com/investor-overview
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Source: Yahoo! Finance
Diluted EPS : Decreased to $0.62, compared to $1.01 in Q1 FY23. Professional Segment : Net sales fell by 14.1% primarily due to lower shipments of zero-turn mowers and snow and ice management products. Residential Segment : Experienced a 9.3% decline in net sales, driven by lower shipments of snow products and zero-turn mowers. Outlook : The company reaffirms its full-year fiscal 2024 guidance, expecting low-single-digit total company net sales growth and adjusted diluted EPS in the range of $4.25 to $4.35. Warning! GuruFocus has detected 3 Warning Sign with TTC. The Toro Co ( NYSE:TTC ) released its 8-K filing on March 7, 2024, detailing the financial results for the first quarter of fiscal year 2024. The company, known for its turf maintenance and landscaping equipment, faced a challenging quarter with net sales of $1.00 billion, a 13% decrease compared to $1.15 billion in the same period of fiscal 2023. The reported diluted EPS was $0.62, a significant drop from $1.01 in
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News
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- The Toro Company (NYSE: TTC) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- The Toro Company Declares Regular Quarterly Cash DividendBusiness Wire
TTC
Earnings
- 3/7/24 - Miss
TTC
Sec Filings
- 3/22/24 - Form 8-K
- 3/22/24 - Form 4
- 3/18/24 - Form 4
- TTC's page on the SEC website