Toro's Q3 Earnings: AMP Savings, Acquisition Boost Growth

Toros Q3 earnings for 2025 showed mixed results: revenue met expectations but sales were flat. However, the company beat analyst estimates for non-GAAP profit, leading to a stock boost. Improved performance in professional segment and underground construction businesses, along with cost-saving initiative AMP, drove success. Toro expects mid-single-digit growth in professional segment sales, but is cautious about residential sales due to economic uncertainties. The company also acquired Tornado Infrastructure Equipment to expand offerings in vacuum excavation.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.