The Toro Company (NYSE:TTC) has released the fiscal year 2009 earnings results. The company reported its net earnings per share of $1.73 for the fiscal year 2009. The cash flow from operations reached a total of $251.5 million from the company’s Red Iron Acceptance strategy, asset management, and earnings.
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The company conducted a conference call shortly after the release of the financial results. The full financial results and a webcast of the conference call is available for review on the company’s investor website at www.thetorocompany.com/invest. Listeners must register to listen to the webcast.
The Toro Company (Toro) is engaged in designing, manufacturing and marketing professional turf maintenance equipment and services, turf and micro irrigation systems, landscaping equipment, and residential yard products. The Company classifies its operations in two business segments: professional and residential. A third segment called other consists of domestic Company-owned distributorships, corporate functions, and Toro Credit Company, a wholly owned financing subsidiary. The Company’s products are advertised and sold at the retail level under the trademarks of Toro, Exmark, Irritrol, Hayter, Pope, Lawn-Boy and Lawn Genie. Toro manufactures its products in the United States, Mexico, Australia, Italy, and the United Kingdom.
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