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Jan 31
Toro Q1 2025 Earnings Report
Toro reported a slight decline in revenue but maintained strong profitability in Q1 2025.
Key Takeaways
Toro reported Q1 2025 revenue of $995.0 million, a 1% decline from the prior year. Net income decreased 19% to $52.8 million, with reported EPS of $0.52. However, adjusted EPS increased to $0.65, driven by operational efficiencies and cost savings. The professional segment grew 1.6% year-over-year, while residential sales declined 8% due to lower shipments of snow products and power equipment.
Revenue decreased 1% to $995.0 million due to lower residential sales.
Net income declined 19% to $52.8 million, primarily due to higher costs.
Professional segment sales grew 1.6%, driven by golf and zero-turn mower demand.
Adjusted EPS increased to $0.65, supported by operational efficiencies.
Toro
Toro
Toro Revenue by Segment
Toro Revenue by Geographic Location
Revenue by Segment
Professional Revenue
CapyFin.comResidential Revenue
CapyFin.comRevenue by Geographic Location
International Revenue
CapyFin.com Forward Guidance
Toro expects stable demand in professional markets and improving inventory conditions, with projected full-year net sales growth of 0% to 1% and adjusted EPS between $4.25 and $4.40.
Positive Outlook
- Continued strong demand for golf and grounds equipment.
- Stable underground construction and professional markets.
- AMP initiative delivering $64 million in cost savings to date.
- Improved inventory positioning for the upcoming turf season.
- Expansion of robotic and automated product lines.
Challenges Ahead
- Lower consumer confidence impacting residential sales.
- Higher material and freight costs continue to pressure margins.
- Macroeconomic uncertainty affecting capital expenditures.
- Competitive pricing environment requiring increased promotions.
- Potential tariff-related cost increases not included in guidance.
Revenue & Expenses
Visualization of income flow from segment revenue to net income