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- Asset Impairment (new) — New $43.1M non-cash impairment charges for Monterrey facility closure and residential mower platform exit.
Toro Q3 sales rise 8.4% to $1.23B; net income up 43.9% to $77.0M
Filed September 3, 2026 · Period ending July 31, 2026 · Compared to 10-Q Sep 4, 2025 · ~1 min read
Key Changes
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Net sales grew 8.4% to $1.23B, driven by volume, price, and the Tornado acquisition; net income rose 43.9% to $77.0M, or $0.81 per diluted share.
MD&A: Results verify on EDGAR → -
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Acquired Tornado Infrastructure Equipment for $210.3M, adding hydrovac excavation to the Professional segment.
MD&A: Acquisition verify on EDGAR → -
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Recorded $43.1M in non-cash impairment charges for the planned closure of the Monterrey facility and exit of a residential mower platform.
MD&A: Impairments verify on EDGAR →
2 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
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Figures/quotes linked to EDGAR · Narrative written by AI · Sep 4, 2026 · How we verify