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

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

Apr 18, 2014: Spectrum Brands CEO Lumley Joins Husqvarna Board

Apr 17, 2014: GE Appliances 1Q Revenues Down 3%

Apr 17, 2014: Remodeling Growth Expected to Continue

Apr 17, 2014: HVAC/R Contractors Outlook Holds Steady

Apr 17, 2014: Appliance Store Sales Down Slightly in March

More Daily News>>

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

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

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
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 | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows