Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Toro Profit Rises as Orders Pick Up
Feb 26, 2004
 Printable format
 Email this Article
 Search

Toro Company, the lawn-care equipment maker, has announced that its quarterly net income rose from a year before on improved demand and the weaker dollar.

The Bloomington, MN, U.S.-based company said snow thrower shipments, helped by snowy weather in the eastern United States, and strong early orders for landscape contractor products helped boost earnings in the first quarter, which is typically a slower period.

Toro said its net income in the first quarter ended Jan. 30, 2004 rose to U.S. $9.3 million, or $0.36 a share, from $7 million, or $0.27 a share, the year before.

Earlier this month, the company had raised its first-quarter earnings outlook to a range of $0.34 to $0.36 cents a share, from its prior guidance of $0.15 to $0.20.

Sales in the quarter climbed to $313.6 million from $296 million.

The company said it expects its full-year per-share profit to rise 14 percent to 18 percent from 2003's $3.12 a share, on an expected 7 percent to 9 percent rise in revenue.
For the second quarter, Toro projected earnings of $1.80 to $1.90 a share.

Back to Daily News

 

Daily News

...........................................................

Oct 21, 2014: AHRI Annual Meeting Registration Remains Open

Oct 20, 2014: Electrolux 3Q Operating Income up 29%

Oct 17, 2014: Whirlpool completes purchase of majority interest in Indesit

Oct 17, 2014: Corrected: AHRI Annual Meeting Registration Remains Open

Oct 17, 2014: Walmart will moderate brick-and-mortar growth and increase capital spending on e-commerce capabilities

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014
April 2014: Appliance Magazine Market Insight: February 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows