Financial Performance - The company's net sales reached $451 billion in F25[39], with a CAGR of +78% from F15 to F25[26] - Adjusted EPS CAGR was +107% from F15 to F25[26] - Average ROIC was +228% from F15 to F25[26] - Record free cash flow of $578 million in F25, up from $471 million in F24[30], representing a free cash flow conversion of 146%, up from 112%[30] - The company returned a total of $441 million to shareholders in F25, including $1511 million in dividends and $290 million in share repurchases[30, 110] - ROIC increased to 170% in F25, up from 166% in F24[30] Segment Performance - Professional segment net sales reached $3624 billion in F25, up 19% from $3557 billion in F24[30, 32] - Professional segment earnings margin increased to 194% in F25, up from 180% in F24[31] - Residential segment net sales reached $086 billion in F25[64] Strategic Initiatives and Outlook - The company expects annualized savings of $125 million+ from productivity initiatives, with $86 million already implemented[33] - The company estimates F26 tariff headwinds to be approximately $100 million[116] - The company provides F26 full-year guidance, expecting net sales growth of 2% to 5% and adjusted diluted EPS of $435 to $450[130]

分组1 - Toro reported quarterly earnings of $0.91 per share, exceeding the Zacks Consensus Estimate of $0.86 per share, but down from $0.95 per share a year ago, representing an earnings surprise of +5.81% [1] - The company achieved revenues of $1.07 billion for the quarter ended October 2025, surpassing the Zacks Consensus Estimate by 2.09%, although this is a slight decrease from year-ago revenues of $1.08 billion [2] - Toro has surpassed consensus EPS estimates in all four of the last quarters, but has only topped consensus revenue estimates once during the same period [2] 分组2 - The stock has underperformed, losing about 9.3% since the beginning of the year, compared to the S&P 500's gain of 15.6% [3] - The current consensus EPS estimate for the upcoming quarter is $0.81 on revenues of $990.01 million, and for the current fiscal year, it is $4.67 on revenues of $4.59 billion [7] - The Tools - Handheld industry, to which Toro belongs, is currently ranked in the top 41% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8]

Group 1: Toro Co Performance - Toro Co reported quarterly earnings of 91 cents per share, exceeding the analyst consensus estimate of 87 cents per share [1] - The company achieved quarterly sales of $1.066 billion, surpassing the analyst consensus estimate of $1.048 billion [1] - Following the earnings report, Toro's shares rose by 7% to $77.82 [1] Group 2: Other Notable Stock Movements - DBV Technologies SA shares increased by 35.5% to $24.36 after meeting primary endpoints in the Phase 3 VITESSE trial [3] - Udemy Inc gained 26.5% to $6.79 due to an all-stock merger agreement with Coursera [3] - Kodiak Sciences Inc jumped 16.7% to $28.16 after announcing a public offering of common stock [3] - Hut 8 Corp rose 16.3% to $42.88 following a partnership to accelerate AI infrastructure deployment and a $7.0 billion lease agreement [3] - Canopy Growth Corp increased by 16.2% to $2.13 amid reports of potential reclassification of marijuana [3] - Recursion Pharmaceuticals Inc gained 13.2% to $4.76 after an upgrade from JP Morgan [3] - Two Harbors Investment Corp surged 13.2% to $11.21 due to an acquisition announcement [3] - Quantumscape Corp gained 7.7% to $11.66 after signing a joint development agreement with a top-10 global automaker [3] - Jabil Inc reported better-than-expected earnings, leading to a 7% increase in shares to $227.50 [3]

Financial Performance - Fourth-quarter net sales were $1.07 billion, a decrease of 1% compared to $1.08 billion in the same period of fiscal 2024[2]. - Full-year net sales were $4.51 billion, down 2% from $4.58 billion in fiscal 2024, primarily due to prior year divestitures of non-core assets[2][10]. - Fourth-quarter reported diluted EPS was $0.74, a decrease of 15% from $0.87 in the same period of fiscal 2024; adjusted diluted EPS was $0.91, down 4% from $0.95[3][9]. - Full-year reported diluted EPS was $3.17, down 21% from $4.01 in fiscal 2024; adjusted diluted EPS was $4.20, an increase of 1% from $4.17[3][10]. - Net earnings for the twelve months ended October 31, 2025, were $316.1 million, down from $418.9 million in 2024, representing a decrease of 24.5%[33]. - The company reported a diluted net earnings per share of $3.17 for the twelve months ended October 31, 2025, compared to $4.01 in 2024, a decline of 21.0%[33]. Cash Flow and Shareholder Returns - Record free cash flow of $578 million was generated in fiscal 2025, largely due to working capital improvements[5]. - The company returned $441 million to shareholders through cash dividends and common stock repurchases[5]. - Net cash provided by operating activities increased to $662.0 million for the twelve months ended October 31, 2025, up from $569.9 million in 2024, representing a growth of 16.2%[39]. - Free cash flow for the twelve months ended October 31, 2025, was $578.3 million, an increase of 22.9% from $470.7 million in 2024[43]. Operational Efficiency - Professional segment full-year earnings margin improved to 19.4%, up from 18.0% in the prior year, driven by productivity improvements and net price realization[4][10]. - SG&A expense as a percentage of net sales for fiscal 2025 was 22.5%, compared to 22.2% in fiscal 2024, primarily driven by lower net sales volume and higher incentive expenses[17]. - Gross profit for the twelve months ended October 31, 2025, was $1,504.8 million, resulting in a gross margin of 33.4%, down from 33.8% in 2024[33]. - Adjusted gross profit for the twelve months ended October 31, 2025, was $1,536.4 million, slightly down from $1,555.0 million in 2024, reflecting a decrease of 1.2%[42]. - The adjusted gross margin improved to 34.1% for the twelve months ended October 31, 2025, compared to 33.9% in 2024[42]. - Operating earnings for the twelve months ended October 31, 2025, were $409.9 million, down 23.2% from $533.3 million in 2024[42]. Strategic Initiatives and Future Outlook - Fiscal 2026 adjusted diluted EPS guidance is set between $4.35 and $4.50, reflecting mid-single digit earnings growth expectations[5][7]. - The Tornado Infrastructure Equipment acquisition is expected to contribute approximately 2% to total company net sales and have a modestly accretive impact on adjusted diluted EPS[8]. - The company anticipates that the differences between adjusted diluted EPS for fiscal 2026 and diluted EPS will include non-cash, large, and/or unpredictable charges and benefits[29]. - The company launched the "Amplifying Maximum Productivity" (AMP) initiative in the first quarter of fiscal 2024, which is expected to impact future productivity and operational efficiency[42]. Balance Sheet Highlights - Total current assets decreased to $1,705.1 million as of October 31, 2025, from $1,764.9 million in 2024[37]. - Cash and cash equivalents increased to $341.0 million as of October 31, 2025, compared to $199.5 million in 2024[37]. - The company’s total liabilities decreased to $1,985.5 million as of October 31, 2025, from $2,030.4 million in 2024[37]. - The effective tax rate for the twelve months ended October 31, 2025, was 16.3%, down from 18.3% in 2024[42]. - The company recorded a non-cash impairment charge of $81.1 million during the twelve months ended October 31, 2025[42].

Core Insights - The Toro Company reported fourth-quarter net sales of $1.07 billion, slightly down from $1.08 billion in the same period of fiscal 2024 [1] - Full-year net sales for the company were $4.51 billion, a decrease from $4.58 billion in fiscal 2024, primarily attributed to divestitures of non-core assets [1] Financial Performance - Fourth-quarter net sales decreased by approximately 0.9% year-over-year [1] - Full-year net sales decreased by about 1.5% compared to the previous fiscal year [1]

Core Insights - Toro Company is set to release its fourth-quarter earnings results on December 17, with expected earnings of 88 cents per share, a decrease from 95 cents per share in the same quarter last year [1] - The anticipated quarterly revenue for Toro is $1.05 billion, down from $1.08 billion year-over-year [1] Group 1: Earnings and Financial Performance - Analysts predict Toro's quarterly earnings will be 88 cents per share, a decline from 95 cents per share in the previous year [1] - The consensus estimate for Toro's quarterly revenue is $1.05 billion, compared to $1.08 billion a year earlier [1] Group 2: Share Repurchase and Dividend - On December 9, Toro authorized the repurchase of up to an additional 6 million shares and increased its quarterly dividend from 38 cents to 39 cents per share [2] - Toro shares experienced a slight decline of 0.1%, closing at $73.99 [2] Group 3: Analyst Ratings and Price Targets - Northland Capital Markets maintained a Market Perform rating and raised the price target from $80 to $90 [3] - DA Davidson maintained a Buy rating and increased the price target from $93 to $97 [3] - Baird maintained a Neutral rating and raised the price target from $82 to $86 [3] - Raymond James maintained an Outperform rating but reduced the price target from $95 to $90 [3] - BTIG initiated coverage with a Buy rating and set a price target of $1,115 [3]

Earnings Report - The Toro Company is set to release its fourth-quarter earnings results on December 17, with analysts expecting earnings of 88 cents per share, a decrease from 95 cents per share in the same period last year [1] - The consensus estimate for quarterly revenue is $1.05 billion, down from $1.08 billion a year earlier [1] Share Repurchase and Dividend Increase - On December 9, Toro Company authorized the repurchase of up to an additional 6 million shares and increased its quarterly dividend from 38 cents to 39 cents per share [2] - Toro shares experienced a slight decline of 0.1%, closing at $73.99 [2] Analyst Ratings and Price Targets - Northland Capital Markets maintained a Market Perform rating and raised the price target from $80 to $90 [3] - DA Davidson maintained a Buy rating and increased the price target from $93 to $97 [3] - Baird maintained a Neutral rating and raised the price target from $82 to $86 [3] - Raymond James maintained an Outperform rating but reduced the price target from $95 to $90 [3] - BTIG initiated coverage with a Buy rating and set a price target of $1,115 [3]

Core Insights - The Toro Company is set to release its quarterly earnings on December 17, 2025, with anticipated earnings per share (EPS) of $0.86 and revenue projections of approximately $1.05 billion, which are critical for assessing the company's financial health and operational efficiency [1][5] Financial Performance - The company has declared a regular quarterly cash dividend and authorized the repurchase of up to an additional six million shares, reflecting its strategy to enhance shareholder value [2][5] - The price-to-earnings (P/E) ratio stands at 21.76, indicating that investors are willing to pay $21.76 for every dollar of earnings, suggesting confidence in future growth prospects [2][5] - The price-to-sales ratio is 1.59, meaning the market values the company's sales at 1.59 times its revenue [3] - The enterprise value to sales ratio is 1.80, and the enterprise value to operating cash flow ratio is 13.78, providing insights into the company's valuation and cash flow efficiency [3] Financial Ratios - The earnings yield is 4.60%, indicating the earnings generated per dollar invested, which offers a perspective on the return on investment for shareholders [4] - The debt-to-equity ratio is 0.81, suggesting a moderate level of debt compared to equity, which is a positive sign for financial stability [4] - The current ratio is 1.88, demonstrating the company's ability to cover its short-term liabilities with its short-term assets, ensuring liquidity and operational flexibility [4][5]

Core Insights - Synchrony Financial (SYF) and The Toro Company have launched a co-branded credit card to enhance dealer networks and facilitate financing for lawn equipment, responding to the growing demand in both residential and commercial markets [1][5] Financing Features - The Toro Company credit card offers flexible promotional financing options, easy digital applications, and tools to help dealers close sales more effectively, reducing friction at the point of sale [2][4] - SYF's PRISM underwriting engine utilizes over 9,000 data attributes for nuanced credit approvals, potentially expanding the pool of qualified buyers and improving sales conversions for dealers [3][8] Dealer Support - Synchrony provides comprehensive support to dealers, including 24/7 merchant assistance, tailored marketing materials, digital account management, and training resources, aimed at enhancing sales momentum and customer experience [4][8] Market Positioning - The collaboration between Synchrony and The Toro Company may set a new standard for financing systems in specialized equipment industries, integrating credit access into the dealer experience and fostering stronger merchant relationships [5] Stock Performance - Year-to-date, Synchrony shares have increased by 11.2%, contrasting with a 9.8% decline in the industry [6]

Core Viewpoint - Toro (TTC) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive trend in earnings estimates which is a significant factor influencing stock prices [1][2]. Earnings Estimates and Stock Price Movement - The Zacks rating system emphasizes the importance of changing earnings estimates in determining short-term stock price movements, making it a valuable tool for investors [2][3]. - The correlation between earnings estimate revisions and stock price movements is strong, with institutional investors using these estimates to assess fair value, leading to significant trading activity that affects stock prices [3]. Toro's Earnings Outlook - For the fiscal year ending October 2025, Toro is expected to earn $4.15 per share, which remains unchanged from the previous year, but analysts have raised their estimates by 0.9% over the past three months [7]. Zacks Rank System - The Zacks Rank system categorizes stocks into five groups based on earnings estimates, with a proven track record of Zacks Rank 1 stocks yielding an average annual return of +25% since 1988 [6]. - The upgrade of Toro to a Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting a strong potential for market-beating returns in the near term [9].