Toro: Bullish?











Photo credit © Reuters


(Boursier.com) — Bull , the American giant of lawn care equipment, active in particular in mowers, missed the sales consensus for the quarter ended but beat that of profits. For its second fiscal quarter, which ended at the end of April, the group posted a net profit of $131 million, or $1.24 per share, against $142 million a year earlier. Excluding items, adjusted EPS was $1.25 versus $1.24 FactSet consensus. Revenue improved 8.7% to $1.25 billion. Toro is also allowing itself to revise its annual financial forecasts upwards, despite the supply chain challenges.


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