Lawnmower Maker Toro Cuts Full-Year Forecasts on 'Anticipated Tariff Impacts'
1. Toro Company cut its EPS forecast for fiscal 2025. 2. Net sales expectations revised downward due to tariff impacts. 3. Shares fell nearly 6% after the announcement. 4. Second-quarter EPS of $1.42 slightly beat analyst expectations. 5. Company now anticipates flat to 3% decline in sales.