Toro appoints Grant Young as group VP of Golf, Grounds and Irrigation

BLOOMINGTON, Minn. - The Toro Company (NYSE:TTC), a $7.5 billion market cap company with strong financial health according to InvestingPro metrics, has appointed Grant M. Young as group vice president of Golf, Grounds and Irrigation, effective immediately, according to a company press release.

Young, who has been serving as vice president of Commercial since 2023, succeeds Edric Funk, who was recently named president and chief operating officer. In his new role, Young will oversee the strategic direction of the company’s golf, grounds and irrigation businesses across the Toro, Ventrac and Unique Lighting Systems brands.

Young joined Toro in 2004 as a national account manager for the Residential and Landscape Contractor business. His career at the company includes multiple leadership positions, including director of marketing for North America with oversight of golf, sports fields and grounds markets. He became general manager of the Commercial business in 2019 before being promoted to vice president of Commercial in 2023.

"With a proven ability to lead through complexity and drive meaningful progress, Grant is well-positioned for this new role," said Funk in the announcement.

Young holds a Bachelor of Arts in finance and marketing from the University of St. Thomas and an MBA from the University of Notre Dame.

The Toro Company provides outdoor environment solutions including turf maintenance, snow management, and irrigation systems. The company reported net sales of $4.6 billion in fiscal 2024 and operates in more than 125 countries through various brands. InvestingPro analysis indicates the company is currently undervalued, maintains a strong 33.4% gross margin, and has increased its dividend for 21 consecutive years. For detailed financial analysis and additional insights, investors can access the comprehensive Pro Research Report, available exclusively to InvestingPro subscribers.

In other recent news, Toro Company reported its third-quarter financial results for 2025, revealing a mixed performance. The company achieved an earnings per share (EPS) of $1.24, surpassing the forecasted $1.19. However, it missed revenue expectations, reporting $1.13 billion compared to the anticipated $1.16 billion. Following these results, Northland raised its price target on Toro to $90.00 from $80.00, maintaining a Market Perform rating. Northland described Toro’s third-quarter results as "generally in-line with expectations." Additionally, Amy Dahl, Toro’s vice president of international, announced her departure effective September 30, 2025. The company clarified that Dahl’s decision to leave is not due to any disagreements regarding its operations or policies. These developments provide investors with a comprehensive view of Toro’s recent activities and financial standing.

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