Toro Shares Trimmed As Warm Weather Cooled Q4 Sales
Investors trimmed Toro's (TTC) share price right after the company just met profit views and reported disappointing fiscal fourth-quarter sales. Warmer than usual early-winter weather kept a lid on sales of snowthrowers and other winter gear. Toro said before the market opened Wednesday it had zero Q4 profit, compared to an 8-cent-a-share gain the same quarter last year, and about in line with analyst expectations. Sales dropped 7.8% to $339.3
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