Morning, everyone, thank you for joining us for The Toro Company second quarter 2026 earnings conference call. Rick, Edric, and Angie will provide an overview of our second quarter results, which were released earlier this morning, and discuss our priorities and outlook for the remainder of fiscal 2026. These risks are detailed in our earnings release, investor presentation, and our most recent filings with the SEC. The Toro Company continued its strong start to the year, exceeding expectations with second quarter top line growth of 8% and adjusted EPS of $1.60.

This is the second consecutive quarter of double-digit adjusted earnings growth, driven by strong demand and improving margins. We remain focused on our key strategic priorities: accelerating profitable growth, driving productivity and operational excellence, and empowering people. Within professional, we drove mid-single-digit sales growth in golf and grounds, high single-digit sales growth in landscape contractor. We are particularly excited to have achieved low double-digit organic sales growth in underground and specialty construction.

Designed for maximum uptime, it features advanced capabilities that increase operator efficiency and job site safety. It is built to handle long bores and difficult terrain with ease, and customer response has been strong, with a robust and growing order pipeline. Growth is slightly better than anticipated, contributing over 2 percentage points to top-line sales. We see a long runway of growth for this business as the need for soft excavation is significant and growing.

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Reported 2026-06-04 · figures from the Toro Co Q2 2026 earnings call.

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