Why The Toro Company Stock Hit a 4-Year Low Today
Shares of outdoor equipment business The Toro Company (TTC -4.90%) dropped on Thursday after the company reported financial results for its fiscal first quarter of 2025. As of 2 p.m. ET, The Toro Company stock was down 5% and had hit four-year lows earlier in the day -- disappointing for a stock that had perennially been a long-term market-beater.Just a slow quarter for ToroIn Q1, Toro had net sales of $995 million, which was down less than 1% year over year. Not only is it disappointing to see revenue go d ...