Rick Olson

“We delivered a strong third quarter, growing net sales 8% and generating adjusted earnings per share of $1.33. The sales momentum from the first half continued into Q3, with both our professional and residential segments growing net sales over 8%.”

“The Toro Company continued its strong starts of the year, exceeding expectations with second quarter top-line growth of 8% and adjusted EPS of $1.60. This is the second consecutive quarter of double-digit adjusted earnings growth, driven by strong demand and improving margins.”

“Throughout the first quarter of 2026, our teams remain diligently focused on executing our strategic priorities. We capitalized on market opportunities and customer demand, drove operational excellence, and leveraged our portfolio of leading brands for profitable growth and competitive advantage.”

“Our team remains focused on leveraging our diverse portfolio of leading brands, controlling what we can control, and driving operational excellence.”

“We delivered third quarter adjusted earnings that exceeded our expectations. Though persistent headwinds in our residential segment require us to take a prudent approach to our full-year outlook.”