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News Breaks
February 20, 2014
08:33 EDTTTCToro Company reports Q1 EPS 44c, consensus 37c
Reports Q1 revenue $446M, consensus $432.30M. The company said, "Significant snowfall across key North American markets this winter season spurred retail demand for our snow product, helping to drive sales for the quarter and providing a solid start to our FY14. The combination of more abundant snow conditions, stronger international demand and solid execution by our team helped us to temper the challenging year-over-year quarterly comparisons we faced due to the Tier 4 diesel engine transition that accelerated sales of large turf equipment into our 1Q13. In addition, we finished our Q1 more favorably situated in terms of field inventory levels as compared to last year, considering that pre-Tier 4 equipment sales last year went into our channel while snow products sold this year moved all the way through to end-user customers.
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August 20, 2014
15:26 EDTTTCNotable companies reporting before tomorrow's open
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