The Toro Company and Lowe’s Announce Strategic Partnership
07 Setembro 2023 - 9:31AM
Business Wire
Toro’s full line-up of all-season outdoor power
equipment available at Lowe’s nationwide in spring 2024
The Toro Company (NYSE: TTC) and Lowe’s Companies, Inc. (NYSE:
LOW) today announced a strategic retail partnership through which
Lowe’s will carry Toro zero-turn riding mowers, walk mowers,
portable power equipment and snow blowers in both the gas and
rapidly expanding battery categories.
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Photo Credit: The Toro Company
The Toro product lineup will be available at all Lowe’s stores
nationwide and online for the spring 2024 selling season. As the
leading retailer of outdoor power equipment, Lowe’s adds Toro as a
market leader in all-season solutions for the outdoor
environment.
“Our Pro and DIY customers count on Lowe’s to have the best
selection of outdoor power with the innovation they need and brands
they trust,” said Bill Boltz, Lowe’s executive vice president of
merchandising. “The addition of the iconic Toro brand is yet
another example of how we are delivering on that promise. Whether
for lawn care in the spring or for snow removal in the winter,
Toro’s reliable products will give our customers the confidence to
tackle outdoor projects in any season for years to come. The Toro
brand is one more reason to shop Lowe’s industry-leading outdoor
power selection.”
“We truly appreciate Lowe’s partnership and commitment as we
embark on this shared opportunity to leverage the strength of our
brands to further serve our customer base,” said Greg Janey, group
vice president, landscapes and contractor at The Toro Company.
“Lowe’s leadership position in the zero-turn mower category and
strong footprint in key customer markets complements our existing
channel strategy and provides a new opportunity to bolster
placement of our powerful 60V battery portfolio.”
Select Toro products will be available in Lowe’s stores and
online at lowes.com beginning next spring.
About The Toro Company
The Toro Company (NYSE: TTC) is a leading worldwide provider of
innovative solutions for the outdoor environment including turf and
landscape maintenance, snow and ice management, underground utility
construction, rental and specialty construction, and irrigation and
outdoor lighting solutions. With net sales of $4.5 billion in
fiscal 2022, The Toro Company’s global presence extends to more
than 125 countries through a family of brands that includes Toro,
Ditch Witch, Exmark, Spartan Mowers, BOSS Snowplow, Ventrac,
American Augers, Trencor, Pope, Subsite Electronics, HammerHead,
Radius HDD, Perrot, Hayter, Unique Lighting Systems, Irritrol, and
Lawn-Boy. Through constant innovation and caring relationships
built on trust and integrity, The Toro Company and its family of
brands have built a legacy of excellence by helping customers work
on golf courses, sports fields, construction sites, public green
spaces, commercial and residential properties and agricultural
operations. For more information, visit thetorocompany.com.
About Lowe’s Companies, Inc.
Lowe's Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home
improvement company serving approximately 17 million customer
transactions a week in the United States. With total fiscal year
2022 sales of over $97 billion, approximately $92 billion of sales
were generated in the United States, where Lowe's operates over
1,700 home improvement stores and employs approximately 300,000
associates. Based in Mooresville, N.C., Lowe's supports the
communities it serves through programs focused on creating safe,
affordable housing and helping to develop the next generation of
skilled trade experts. For more information, visit Lowes.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20230907377418/en/
The Toro Company Branden Happel Senior Manager, Public
Relations (952) 887-8930, branden.happel@toro.com
Lowe’s Larry Costello Senior Manager, Communications
(847) 337-9252, larry.costello@lowes.com
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