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The Toro Company Reports Strong Second - Quarter Fiscal 2021 Results www.thetorocompany.gcs-web.com/news-releases/news-release-details/toro-company-reports-strong-second-quarter-fiscal-2021 results Toro Broad - Based Demand and Operational Execution Drive Record Results for Both Segments • Second - quarter net sales up 23.6 % year over year , to $ 1.15 billion ; Professional segment net sales up 25.3 % , Residential segment net sales up 20.2 % Reported diluted EPS of $ 1.31 ; * Adjusted diluted EPS of $ 1.29 , up 40.2 % year over year • Raises full - year fiscal 2021 net sales and * adjusted diluted EPS guidance " We delivered record results in the quarter , with continued momentum across our professional and residential segments , " said Richard M. Olson , chairman and chief executive officer . " Sales grew at a robust pace , and earnings grew at nearly twice the sales growth rate . These excellent results point to a strong overall demand environment and continued favorable reception of our innovative products , along with our ability to successfully manage the dynamic supply chain environment and execute well operationally . Our team and channel partners delivered these results while remaining focused on serving our customers and keeping each other safe . " Sales of professional products connected to golf , landscape contractor , and irrigation markets , as well as residential zero - turn riding mowers and Flex - Force battery - powered product offerings , drove growth in the second quarter , " continued Olson . " Our expanding line of battery - powered products across residential and professional markets continues to underscore our commitment to offering sustainable solutions . " As we capitalize on robust demand in an increasingly dynamic operating environment , we remain committed to positioning the company for the future , " added Olson . " We are actively prioritizing investments in key technology areas such as alternative power , smart connected and autonomous , and ensuring we have capacity to meet future growth . " SECOND - QUARTER FISCAL 2021 FINANCIAL HIGHLIGHTS Net sales of $ 1.15 billion , up 23.6 % from $ 929.4 million in the second quarter of fiscal 2020 . Net earnings of $ 142.2 million , up 44.4 % from $ 98.4 million in the second quarter of fiscal 2020 ; * adjusted net earnings of $ 140.3 million , up 40.1 % from $ 100.2 million in the second quarter of fiscal 2020 . Reported EPS of $ 1.31 per diluted share , up 44.0 % from $ 0.91 per diluted share in the second quarter of fiscal 2020 ; * adjusted EPS of $ 1.29 per diluted share , up 40.2 % from $ 0.92 per diluted share in the second quarter of fiscal 2020 . YEAR - TO - DATE FISCAL 2021 FINANCIAL HIGHLIGHTS Net sales of $ 2.02 billion , up 19.2 % from $ 1.70 billion in the same prior - year period . Net earnings of $ 253.5 million , up 50.4 % from $ 168.5 million in the same prior - year period ; * adjusted net earnings of $ 233.5 million , up 37.5 % from $ 169.8 million in the first six months of fiscal 2020 . 1/16