10-Q quarterly report · filed Sep 2, 2015

Toro Co (TTC) Q3 2015 10-Q Quarterly Report

Short answer

Toro Co (TTC) filed its Q3 2015 10-Q quarterly report on Sep 2, 2015 for the quarter ended Jul 31, 2015.

Toro Co Q3 2015 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Q3 revenue $609.6M, up 7.4% YoY from $567.5M
  • Operating margin 13.0% vs 12.7%; gross margin 35.5% vs 35.6%
  • Best segment Professional: revenue $422.0M, up 9.7%; operating earnings $82.3M
  • Worst segment Residential: revenue $176.0M, up 0.1%, affected by lower snow thrower shipments
  • Operating cash flow up $3.8M, or 2.3%; BOSS acquisition drove $182.4M higher investing cash use

Risk Factors

  • No material changes to risk factors from the most recently filed Form 10-K
  • Global-market exposure remains a significant carried-forward risk
  • Company-specific risks remain capable of materially adversely affecting operating results
  • Forward-looking statements remain subject to actual results differing materially from expectations

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

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