TTC 📈 Toro - Overview

The Toro Company is a leading manufacturer of professional turf maintenance equipment and services, operating through two primary segments: Professional and Residential. The Professional segment caters to the needs of turf and landscape professionals, offering an extensive range of products including sports fields and grounds mowing and maintenance equipment, golf course mowing and maintenance equipment, and landscape contractor mowing equipment. Additionally, this segment provides rental, specialty, and underground construction equipment such as horizontal directional drills, walk and ride trenchers, and stand-on skid steers, which are designed to enhance efficiency and productivity in various applications. The company also offers snow and ice management equipment, including snowplows, stand-on snow and ice removal equipment, and related parts and accessories, enabling professionals to effectively manage winter conditions.

The Professional segment further expands its product portfolio with irrigation and lighting solutions, comprising sprinkler heads, electric and hydraulic valves, controllers, and computer irrigation central control systems. These products are designed to provide efficient water management and distribution, while also offering professionally installed landscape lighting products through distributors and landscape contractors. This comprehensive range of products enables The Toro Company to cater to the diverse needs of professionals in the turf and landscape industry, providing them with the necessary tools and equipment to deliver high-quality services. The company's products are sold through a network of distributors, dealers, mass retailers, and online channels, ensuring widespread availability and accessibility.

In contrast, the Residential segment focuses on providing a range of products for homeowners and residential users, including walk power mowers, zero-turn riding mowers, snow throwers, and replacement parts. The company also offers home solution products such as grass and hedge trimmers, leaf blowers, blower-vacuums, and chainsaws, which are designed to help homeowners maintain their outdoor spaces efficiently. These products are available through various channels, including hardware retailers, home centers, and online platforms, making it convenient for residential customers to purchase and maintain their equipment. With a rich history dating back to 1914, The Toro Company has established itself as a trusted brand in the industry, with its headquarters located in Bloomington, Minnesota.

The Toro Company's commitment to innovation and customer satisfaction has enabled it to maintain a strong presence in the market, with a diverse range of products that cater to both professional and residential customers. The company's website, https://www.thetorocompany.com, provides detailed information on its products, services, and initiatives, offering a valuable resource for customers, investors, and industry professionals. As a publicly traded company listed on the NYSE under the ticker symbol TTC, The Toro Company is subject to the scrutiny of the financial markets, with its common stock (ISIN: US8910921084) being classified under the GICS Sub Industry: Agricultural & Farm Machinery.