AI brief of an SEC Form 8-K · Toro (TTC)

Toro raises fiscal 2026 guidance after first-quarter net sales rise 4% to $1.04 billion

Positive Impact 4 of 5 guidance Written later

Toro reported first-quarter fiscal 2026 net sales of $1.04 billion, up 4% from a year earlier, and reported EPS of $0.69 versus $0.52, with adjusted EPS up 14% to $0.74. The company raised its full-year net sales growth guidance to 3% to 6.5% and adjusted EPS guidance to $4.40 to $4.60, while the Residential segment's sales and earnings declined.

Key points

  • Net sales rose 4% to $1.04 billion; Professional up 7.2% to $824.0 million, Residential down 6.8% to $206.0 million
  • Reported diluted EPS was $0.69 versus $0.52; adjusted EPS was $0.74 versus $0.65
  • Full-year adjusted EPS guidance raised to $4.40 to $4.60 from $4.35 to $4.50
  • Company returned $133 million to shareholders in the quarter, including $94.9 million of stock repurchases and $38.3 million of dividends

The filing

CompanyToro (TTC)
Form8-K, current report
Filed with the SECMar 5, 2026, 8:24 AM ET
Accession number0000737758-26-000007

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 05, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.