The Toro pany(US:TTC)2021-12-15 17:29Financial Performance - In fiscal year 2021, The Toro Company's net sales reached $396 billion, a 172% increase from fiscal year 2020[20,60] - The company's adjusted net earnings for fiscal year 2021 were $393 million[51] - The company's full-year fiscal 2021 gross profit was $1338 billion, a 125% increase from fiscal year 2020[60] - The company's full-year fiscal 2021 operating earnings was $5183 million, a 216% increase from fiscal year 2020[60] - The company is aiming to exceed $5 billion in net sales by the end of fiscal year 2024[48] - The company is aiming to exceed $750 million in annual adjusted operating earnings by the end of fiscal year 2024[48] Segment Performance (Fiscal Year 2021) - Professional segment net sales were $293 billion, with segment earnings at 173%[22] - Residential segment net sales were $101 billion, with segment earnings at 120%[22] - Equipment accounted for 89% of the Professional segment's product type, while irrigation accounted for 11%[22] - In the Professional segment, 79% of sales were in the United States, and 21% were international[22] Fiscal Year 2022 Guidance - The company projects net sales growth of 8% to 10%[62] - The company projects adjusted diluted EPS of $390 to $410[62]