The Toro Company reported earnings results for the fourth quarter and full year ended October 31, 2023. For the fourth quarter, the company reported sales was USD 983.2 million compared to USD 1,172 million a year ago. Net income was USD 70.3 million compared to USD 117.6 million a year ago. Basic earnings per share from continuing operations was USD 0.67 compared to USD 1.13 a year ago. Diluted earnings per share from continuing operations was USD 0.67 compared to USD 1.12 a year ago.
For the full year, sales was USD 4,553.2 million compared to USD 4,514.7 million a year ago. Net income was USD 329.7 million compared to USD 443.3 million a year ago. Basic earnings per share from continuing operations was USD 3.16 compared to USD 4.23 a year ago. Diluted earnings per share from continuing operations was USD 3.13 compared to USD 4.2 a year ago.