Toro FY26 Q2 net earnings rise 6.3% to $145.4 million; net sales increase 8.1% to $1.42 billion
Toro Company
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- The Toro Company posted fiscal Q2 net earnings of USD 145.4 million, up 6.3%, with diluted EPS rising 9.5% to USD 1.5.
- Net sales climbed 8.1% to USD 1.42 billion, led by Professional segment net sales up 9.1% to USD 1.11 billion.
- Gross margin widened 0.8 percentage points to 33.9%, while SG&A expense rose to 20.2% of net sales from 19.8%.
- Residential segment earnings more than doubled to USD 30.3 million, while Professional segment earnings increased to USD 224.4 million from USD 202.1 million.
- Full-year guidance was raised, with net sales growth now seen at 4% to 6.5% and adjusted EPS at USD 4.5 to USD 4.62.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Toro Company published the original content used to generate this news brief via Business Wire (Ref. ID: 20260604918044) on June 04, 2026, and is solely responsible for the information contained therein.
