| Business Summary | | The
Toro
Company
designs,
manufactures
and
markets
professional
turf
maintenance
equipment,
irrigation
systems,
landscaping
equipment,
agricultural
irrigation
systems
and
residential
yard
products.
The
Company's
equipment
and
systems
are
used
in
the
residential
and
professional
markets.
Toro
products
are
sold
worldwide
through
a
network
of
distributors,
dealers,
hardware
retailers,
home
centers,
mass
retailers,
and
over
the
Internet.
The
Company
organizes
its
operations
into
two
business
segments,
professional
and
residential. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | TTC
designs,
manufactures
and
markets
professional
turf
maintenance
equipment,
irrigation
systems,
landscaping
equipment,
agricultural
irrigation
systems,
and
residential
yard
products.
For
the
six
months
ended
5/4/01,
net
sales
rose
3%
to
$747
million.
Net
income
rose
13%
to
$31.4
million.
Revenues
reflect
growth
in
the
landscape
contractor
market
and
new
product
introductions.
Higher
income
also
reflects
lower
interest
expense
and
lower
currency
losses. Recent Earnings Announcement For
the
3
months
ended
08/03/2001,
revenues
were
329,811;
after
tax
earnings
were
16,932. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Kendrick Melrose, 60 Chairman,
CEO, Director | $2.7M | Stephen Wolfe, 52 CFO,
VP-Fin., Treasurer | 789K | J. David McIntosh, 57 Exec.
VP - Professional Bus.es and International | 1.0M | Randy James, 57 VP,
Controller | -- | J. Lawrence McIntyre, 58 VP,
Sec., Gen. Counsel | 608K | Dollar amounts are as of 31-Oct-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|