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Stock impact report

The Toro Company Takes Additional Proactive Actions in Response to COVID-19 Pandemic

Toro Company (The) (TTC) 
Last toro company (the) earnings: 3/5 08:30 am Check Earnings Report
Company Research Source: Business Wire
BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company (NYSE: TTC) today announced additional proactive actions it is taking to mitigate anticipated impacts of the COVID-19 pandemic on its business.Richard M. Olson, The Toro Company’s chairman and chief executive officer said, “With the continued proliferation of COVID-19, we remain first and foremost focused on the health, safety and well-being of our employees, customers and communities. I am inspired by the resilience, collaboration and passion of our team as we work through the unpredictability of this pandemic. The Toro Company has strong underlying fundamentals and is in a solid financial position. We have a stable balance sheet and sufficient liquidity. However, like many other companies that are navigating the uncertainty of this pandemic, particularly as it relates to its duration and scope, we have experienced production and supply chain disruptions and reduced demand in certain of our businesses. As such, it is prudent f Show less Read more
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