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Toro Company reports Q2 sales down 2% to $1.32B, lowering 2025 guidance due to higher costs and tariffs.
The Toro Company reported a 2% drop in Q2 sales to $1.32 billion, missing analyst expectations.
Residential sales fell 11.4%, while professional segment sales rose 0.8%.
The company lowered its full-year 2025 guidance, projecting adjusted earnings between $4.15 and $4.30 per share, and a sales outlook of flat to -3% from last year.
This adjustment reflects higher costs, tariff impacts, and cautious consumer spending.
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Toro Company informa que las ventas del segundo trimestre cayeron un 2% a $1.32B, reduciendo la previsión para 2025 debido a mayores costos y aranceles.