Toro Company The
- Toro Corp. increased 2.7% to $75.88 after the provider of lawn maintenance equipment maker reported a slight decline in revenue in the first quarter.
Net sales edged down to $995 million from $1.00 billion, net income dropped to $52.8 million from $64.9 million, and diluted earnings per share fell to 52 cents from 62 cents a year ago.
The company guided full-year net sales growth to be in the range of breakeven to 1%, compared to $4.58 billion, and adjusted diluted earnings per share between $4.25 and $4.40, compared to $4.17 a year earlier, respectively.
May 28, 2025
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