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TORO CO

For the period ended Aug 2, 2024. Filed Sep 5, 2024.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Aug 2, 2024 · Filed Sep 5, 2024

TTC$106.85-1.0%Stored close · as of Nov 10, 2026

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Condensed Consolidated Statements of Earnings (Unaudited)

Condensed Consolidated Statements of Earnings (Loss) (Unaudited)

(Dollars and shares in millions, except per share data)

Three Months EndedNine Months Ended
August 2, 2024August 4, 2023August 2, 2024August 4, 2023
Net sales$1,156.9$1,081.8$3,507.8$3,570.0
Cost of sales754.1709.42,307.52,322.0
Gross profit402.8372.41,200.31,248.0
Selling, general and administrative expense254.7240.2776.0760.6
Non-cash impairment charges—151.3—151.3
Operating earnings (loss)148.1(19.1)424.3336.1
Interest expense(14.5)(15.0)(47.4)(43.8)
Other income, net10.65.526.621.3
Earnings (loss) before income taxes144.2(28.6)403.5313.6
Income tax provision (benefit)24.9(13.6)74.554.2
Net earnings (loss)$119.3$(15.0)$329.0$259.4
Basic net earnings (loss) per share of common stock$1.15$(0.14)$3.16$2.48
Diluted net earnings (loss) per share of common stock$1.14$(0.14)$3.14$2.46
Weighted-average number of shares of common stock outstanding — Basic104.0104.3104.2104.5
Weighted-average number of shares of common stock outstanding — Diluted104.5104.3104.8105.4
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.