The Toro Company (TTC) · Q2 2026 results and valuation

At −0.0% growth a year (3-year revenue growth), the model's fair value is $60.92 a share — the stock trades 76% above it. Today's price assumes 7.0% growth a year.

1. Guidance

   Full-year net sales guidance raised to 6.3%–6.6%, up from the prior 4%–6.5% range, lifting the low end.

   Source quote

   “We now expect our full-year net sales to be in the range of 6.3% to 6.6%, up from the prior range of 4% to 6.5%.”

2. Guidance ↑

   TTC raised its adjusted EPS guidance to a range of $4.60 to $4.65 from the prior range of $4.50 due to strong year-to-date performance.

   Source quote

   “Our strong year-to-date performance gives us the confidence to raise our adjusted EPS guidance to a range of $4.60 to $4.65, up from our prior range of $4.50...”

3. Figure

   Net sales increased 8.4% to $1.23 billion, or 6.2% organically, showing growth in revenue for the third quarter.

   Source quote

   “Net sales increased 8.4% to $1.23 billion, or 6.2% organically.”

Management sounded noticeably less positive answering analysts than in its prepared script — a bigger drop than in 82% of calls. Scripts are polished in advance; a drop under questioning often marks the topics analysts pressed on, so the answers deserve a closer read than the script.

Sentences that drove the tone

“And I know that he and the team will continue to build on our momentum, leading the company into its next chapter of growth and success.”

“This includes prioritizing innovation investments that we believe will deliver outstanding returns, driving sustainable margin expansion with disciplined execution, including our productivity initiatives and leveraging the talents of our team...”

“Across our supply chain and functional organizations, we will continue to use the muscle gained by the AMP initiative to improve efficiency, reduce complexity, and enhance profitability.”