Toro Company Announces Q3 Fiscal 2025 Earnings Release and Conference Call

The Toro Company will announce its fiscal 2025 third quarter results on September 4. The company will release the full text of the earnings release at 7:30 a.m. CT and hold an earnings conference call at 10 a.m. CT. The Toro Company is a leading global provider of solutions for the outdoor environment with a family of brands that includes Toro, Ditch Witch, and Exmark.

The Toro Company (NYSE: TTC), a leading global provider of solutions for the outdoor environment, will release its fiscal 2025 third quarter results on Thursday, September 4. The earnings release will be available at approximately 7:30 a.m. CT, and the company will hold an earnings conference call at 10 a.m. CT. Investors are encouraged to register for the call in advance and download any necessary audio software. A replay will be available on the company's website shortly following the call [1].

The Toro Company operates in various segments, including turf and landscape maintenance, snow and ice management, underground utility construction, rental and specialty construction, and irrigation and outdoor lighting solutions. Its family of brands includes Toro, Ditch Witch, Exmark, Spartan, BOSS, Ventrac, American Augers, Subsite, HammerHead, Radius, Perrot, Hayter, Unique Lighting Systems, Irritrol, and Lawn-Boy. The company has a strong global presence, with net sales of $4.6 billion in fiscal 2024 and operations in more than 125 countries [1].

In recent quarters, The Toro Company has faced challenges due to weak consumer confidence and a sluggish housing market, which have negatively impacted its residential business. The company reported an 11.4% revenue decline in the residential segment during Q2 FY25. However, the company has been proactive in addressing these challenges by implementing cost-cutting initiatives, such as its AMP program, which has resulted in $70 million in cost savings so far and aims to achieve $100 million in total cost savings by FY27 [2].

The company's professional segment, which includes products used for turf maintenance, underground constructions, and snow and ice management, has shown resilience despite the overall economic headwinds. The professional segment grew by 0.8% in revenue during Q2 FY25, while the company guided for -3% to flat growth for FY25, with an adjusted EPS of $4.15 to $4.30 [2].

Looking ahead, The Toro Company is expected to continue its focus on cost-cutting initiatives, investing in electrifications, autonomous solutions, and connected technologies. The company's strong market-leading positions in its product categories and strategic cost-cutting initiatives are expected to support its long-term growth prospects [2].

References:
[1] https://finance.yahoo.com/news/toro-company-announce-fiscal-2025-123000542.html
[2] https://seekingalpha.com/article/4814198-toro-pressure-from-residential-market-initiate-at-hold