The Toro Company Stumbles, but Growth Lies Ahead
Outdoor environments equipment manufacturer The Toro Company (NYSE: TTC) watched the market perform landscape maintenance on its stock chart Wednesday, as shares slumped 6.4% following the release of fiscal fourth-quarter 2019 earnings. Shareholders were disappointed with the company's top line, which barely budged after removing the effects of a major acquisition from earlier in the year. Let's walk through the quarter below, keeping in mind that all comparative numbers are presented against those of the prior-year quarter.
Data source: The Toro Company.
Image source: Getty Images.
Source Fool.com
