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TORO® Investor Relations Julie Kerekes Treasurer and Sr. Managing Director , Global Tax and Investor Relations ( 952 ) 887-8846 , julie.kerekes@toro.com Media Relations Branden Happel Senior Manager , Public Relations ( 952 ) 887-8930 , branden.happel@toro.com For Immediate Release • • • The Toro Company Reports Record Third - Quarter Fiscal 2021 Results Continued Broad - Based Demand Across Professional and Residential Segments Third - quarter net sales up 16.2 % year over year to $ 977 million ; Professional segment net sales up 15.2 % , Residential segment net sales up 23.0 % Reported diluted EPS of $ 0.89 ; * Adjusted diluted EPS of $ 0.92 , up 12.2 % year over year Raises full - year fiscal 2021 net sales and * adjusted diluted EPS guidance BLOOMINGTON , Minn .— ( BUSINESS WIRE ) - September 2 , 2021 - The Toro Company ( NYSE : TTC ) today reported results for its fiscal third quarter ended July 30 , 2021 . " Robust sales continued throughout the quarter in both our professional and residential segments , " said Richard M. Olson , chairman and chief executive officer . " As we capitalized on the current demand environment and focused on serving our customers , our dedicated team and channel partners demonstrated extraordinary resolve in navigating global supply chain challenges . " We delivered double - digit net sales growth for the second quarter in a row for the professional segment , with continued strength in landscape contractor and golf markets worldwide , increased pre - season shipments of BOSS snow and ice management products , and higher demand for rental and specialty construction equipment and Ventrac products . Residential segment net sales were also up double - digits on top of a very strong third quarter last year , driven by increased retail demand for zero - turn and walk power mowers . Customers are excited about our new and enhanced products across both segments , including our expanding line of battery - powered offerings . Our continued investment in key technology areas underscores our commitment to provide a broad range of innovative and sustainable solutions . " THIRD - QUARTER FISCAL 2021 FINANCIAL HIGHLIGHTS • • Net sales of $ 976.8 million , up 16.2 % from $ 841.0 million in the third quarter of fiscal 2020 . Net earnings of $ 96.3 million , up 8.3 % from $ 89.0 million in the third quarter of fiscal 2020 ; * adjusted net earnings of $ 99.4 million , up 12.1 % from $ 88.7 million in the third quarter of fiscal 2020 . Reported EPS of $ 0.89 per diluted share , up 8.5 % from $ 0.82 per diluted share in the third quarter of fiscal 2020 ; * adjusted EPS of $ 0.92 per diluted share , up 12.2 % from $ 0.82 per diluted share in the third quarter of fiscal 2020 .