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Toro Fiscal Q1 Adjusted Net Earnings, Net Sales Rise; Fiscal 2026 Outlook Raised
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Toro Fiscal Q1 Adjusted Net Earnings, Net Sales Rise; Fiscal 2026 Outlook Raised
Mar 11, 2026 6:41 AM

09:06 AM EST, 03/05/2026 (MT Newswires) -- Toro Company ( TTC ) reported fiscal Q1 adjusted net earnings Thursday of $0.74 per diluted share, up from $0.65 a year earlier.

Analysts polled by FactSet expected $0.65.

Net sales for the quarter ended Jan. 30 were $1.04 billion, up from $995 million a year earlier.

Analysts surveyed by FactSet expected $1 billion.

The company said it now expects fiscal 2026 adjusted earnings in the range of $4.40 to $4.60 per share, up from its prior range of $4.35 to $4.50. Analysts polled by FactSet expect $4.43.

Net sales for the fiscal year are now expected to grow 3% to 6.5%, up from its previous range of 2% to 5%. Analysts surveyed by FactSet expect $4.66 billion.

Shares of the company were up 1.2% in recent Thursday premarket activity.

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