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TORO Has Robust Demand
Toro Company (TTC) appeared poised to make the cut today after the company reported decent Q4 earnings results. The manufacturer of equipment for lawn mowing, landscaping, snow removal, and other agricultural utilities has endured supply chain challenges, along with most of the industrial sector, throughout the year but still managed to post double-digit growth in each quarter in FY21. TTC also laid out bullish long-term targets in Q4, a testament to the robust underlying demand in both its Residential segment and its Professional segment.
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