Short answer
Toro Co (TTC) filed its Q1 2018 10-Q quarterly report on Mar 7, 2018 for the quarter ended Feb 2, 2018.
Toro Co Q1 2018 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $548.2M, up 6.3% YoY from $515.8M
- Operating margin 12.2% vs 11.7%; net margin 4.1% vs 8.7%
- Professional strongest: sales $403.7M, up 8.6%; earnings margin 18.8% vs 18.3%
- Residential weakest: sales $142.5M, up 1.5%; earnings margin 11.0% vs 11.8%
- Operating cash flow down $7.2M; dividend increased 14.3% to $0.20 per share
- Outlook: at least 5% annual organic revenue growth; commodity costs and low snowfall headwinds
Risk Factors
- No material risk-factor changes identified relative to the 10-K
- Foreign-exchange risk: derivative liabilities increased to $8.089 million at February 2, 2018
- Currency-market risk: non-hedge derivatives produced a $1.816 million loss
- Warranty risk: accrued warranty obligations totaled $74.885 million
- Legal risk: patent, asbestos, environmental, and product-liability claims remained outstanding
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
Other Toro Co quarterly reports
- Q3 2019 10-QFiled Sep 5, 2019
- Q2 2019 10-QFiled Jun 5, 2019
- Q1 2019 10-QFiled Mar 6, 2019
- Q3 2018 10-QFiled Sep 5, 2018
- Q2 2018 10-QFiled Jun 6, 2018
- Q3 2017 10-QFiled Sep 8, 2017
- Q2 2017 10-QFiled Jun 7, 2017
- Q1 2017 10-QFiled Mar 8, 2017
- Q3 2016 10-QFiled Aug 31, 2016
- Q2 2016 10-QFiled Jun 2, 2016
- Q1 2016 10-QFiled Mar 2, 2016
- Q3 2015 10-QFiled Sep 2, 2015
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