Toro Company cut its EPS forecast for fiscal 2025. Net sales expectations revised downward due to tariff impacts. Shares fell nearly 6% after the announcement. Second-quarter EPS of $1.42 slightly beat analyst expectations. Company now anticipates flat to 3% decline in sales.
Toro's Q4 revenue fell short of analyst expectations despite a 9% increase. Guidance for fiscal 2025 shows adjusted EPS and revenue below analyst estimates. Professional segment sales rose 10%, while Residential sales increased by 4.5%. CEO cited a challenging economic environment affecting sales and performance. Toro shares declined 2%, reflecting a 13% year-to-date drop.
Toro's revenue grew 7% but missed analyst expectations by $100M. TTC's gross profit margin improved to near 35%, previously fluctuating. Company's adjusted EPS revised down from $4.25-$4.35 to $4.15-$4.20. Toro's current stock valuation is considered a 'STRONG BUY' at $83. Net sales growth forecast for fiscal year is only 1%.
Toro Company missed Q3 earnings and revenue estimates due to falling demand. Professional segment sales declined 1.7%, impacting overall performance negatively. Full-year net sales growth forecast reduced to 1%, below previous expectations. Adjusted EPS guidance lowered, signaling weaker financial outlook for the company. Shares dropped 10% post-earnings, reflecting market reaction to poor results.