10-Q quarterly report · filed Jun 3, 2015

Toro Co (TTC) Q2 2015 10-Q Quarterly Report

Short answer

Toro Co (TTC) filed its Q2 2015 10-Q quarterly report on Jun 3, 2015 for the quarter ended May 1, 2015.

Toro Co Q2 2015 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Q2 revenue $826.2M, up 10.9% YoY from $745.0M
  • Net earnings $93.8M, up 7.7% YoY; net margin 11.3% vs 11.7%
  • Residential strongest: sales $267.9M, up 27.3%; operating margin 13.0% vs 11.3%
  • Professional sales $552.8M, up 4.6%; operating margin 21.9% vs 23.2%
  • Operating cash flow up $17.3M, or 22.2%; BOSS acquisition increased investing cash use $191.9M

Risk Factors

  • No material changes to risk factors disclosed since the most recently filed Form 10-K
  • Global-market exposure remains a significant carried-forward business risk
  • Forward-looking statements remain subject to materially adverse actual results
  • Business, financial condition, and operating results remain vulnerable to disclosed annual-report risks

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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