Short answer
Toro Co (TTC) filed its Q1 2019 10-Q quarterly report on Mar 6, 2019 for the quarter ended Feb 1, 2019.
Toro Co Q1 2019 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $603.0M, up 10.0% YoY from $548.2M
- Operating margin 11.6% vs 12.2% YoY, gross margin 35.8% vs 37.3%
- Professional strongest: sales $455.0M, up 12.7%; Residential weakest margin: 9.0% vs 11.0%
- Operating cash flow up $17.9M; investing cash use up $16.0M; dividend increased 12.5% to $0.225 per share
- CMW acquisition for $700M, expected fiscal Q3 close; commodity costs and tariffs anticipated higher for remainder of fiscal 2019
Risk Factors
- No material changes to risk factors identified in the provided excerpt
- Seasonal operations risk: first-quarter results cannot be annualized for fiscal 2019
- Liquidity risk: cash declined to $249.965 million from $289.124 million at October 31, 2018
- Foreign currency risk: accumulated other comprehensive loss increased to $24.515 million
- Estimation risk: inventory valuation, warranty reserves, and impairment testing rely on management assumptions
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
- Q3 2018 10-QFiled Sep 5, 2018
- Q2 2018 10-QFiled Jun 6, 2018
- Q1 2018 10-QFiled Mar 7, 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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