The Toro Company reported fiscal third-quarter 2026 net sales of $1.226 billion, up 8.4% year over year, with adjusted operating earnings margin expanding to 13.9% from 13.6%. Professional segment sales grew 8.8% to $1.013 billion, but its earnings margin slipped to 20.9% from 21.3%, while Residential sales rose 8.6% to $209.3 million and its margin jumped to 5.9% from 1.9%. The company raised its full-year net-sales growth guidance to 6.3% to 6.6%, up from the prior 4.0% to 6.5% range. Although Residential earnings improved sharply to $12.4 million from $3.7 million, Professional remains the dominant driver, accounting for about 83% of quarterly sales and roughly 94.5% of combined segment earnings, so its margin compression remains a key watchpoint.
Toro CoToro reported Q3 sales up 8.4% with margin expansion and raised full-year sales guidance
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