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Benzinga
Benzinga
Business
Akanksha Bakshi

Toro Narrows 2025 Guidance While Professional Segment Lifts Margins And Residential Headwinds Intensify

Toro Residential Professional TTC
Toro Company

The Toro Company (NYSE:TTC) shares fell after the company posted fiscal third-quarter net sales of $1.13 billion, a 2% decline from a year earlier and short of the $1.16 billion analyst estimate.

Net earnings fell to $53.5 million from $119.3 million, with diluted earnings per share of 54 cents, including a noncash impairment charge of 62 cents per share, or $81 million pretax.

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