Brief: The Toro Company Reports Fiscal 2023 Third-Quarter Results And Revises Full-Year Outlook

Toro Co

07/09/2023 13:52

Sept 7 (Reuters) - Toro Co  TTC.N :
    * THE TORO COMPANY REPORTS FISCAL 2023 THIRD-QUARTER RESULTS
AND
REVISES FULL-YEAR OUTLOOK
    * ANNOUNCES NEW STRATEGIC PARTNERSHIP WITH LOWE'S
    * REVISES FULL-YEAR ADJUSTED DILUTED EPS GUIDANCE TO A RANGE
OF
$4.05 TO $4.10
    * TAKING APPROPRIATE ACTIONS TO FURTHER ALIGN COSTS AND
PRODUCTION
TO DEMAND TRENDS THAT WE EXPECT WILL CONTINUE INTO FISCAL 2024
    * FOR FISCAL YEAR ENDING OCTOBER 31, 2023, COMPANY NOW
EXPECTS NET
SALES SIMILAR TO SLIGHTLY HIGHER THAN PRIOR FISCAL YEAR
    * FOR FISCAL YEAR ENDING OCTOBER 31, 2023, COMPANY NOW
EXPECTS NET
SALES SIMILAR TO SLIGHTLY HIGHER THAN PRIOR FISCAL YEAR
    * OUR FULL LINE-UP OF TORO-BRANDED ALL-SEASON OUTDOOR POWER
EQUIPMENT WILL BE AVAILABLE AT LOWE'S NATIONWIDE FOR SPRING 2024
SELLING SEASON
    * FY2023 EARNINGS PER SHARE VIEW $4.79, REVENUE VIEW $4.86
BILLION
-- REFINITIV IBES DATA

Source text for Eikon:  ID:nBw1P7wS5a 
Further company coverage:  TTC.N 

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