Toro & Revolution Plastics Expand Drip Irrigation Service

The Toro Company (NYSE:TTC) has expanded its award winning drip irrigation recycling service, in association with Revolution Plastics, a leader in agricultural plastic recycling. Toro is now capable to offer superior, sustainable recycling services to drip irrigators in California’s Central Coast Region, effectively immediately.

Drip irrigation is an innovative technology that helps farmers produce more, with fewer resources. The service is a result of Toro’s commitment to help farmers maximize production with efficient, sustainable drip irrigation practices, including the recycling of spent drip irrigation tapes and driplines.

Revolution Plastics uses the recycled plastic materials to make Ecologo plastic can liners, and other agriculture and construction sheeting. Toro’s expanded service capabilities will assist farmers to conveniently schedule their plastic pickup service in a few easy steps.

The Drip Irrigation Recycling Service recently gained nationwide recognition at the Irrigation Association’s annual convention in Las Vegas. The company is offering free products during its “Free Pallet of Drip Tape” promotion to acclaim the recycling service’s growing presence. This introductory offer is available until Oct 31, 2017.

Toro anticipates strong compact utility loader sales growth in 2017 and believes that the latest product launches, like the mud buggy and brush cutter, will generate robust demand. The company will deliver value-added innovations in the markets and industries, while maintaining operational flexibility and prudently managing expenses.

Further, golf equipment business continues to perform well as customers enhance their fleets with innovative turf solutions. Additionally, the company remains focused on delivering innovative products.

Shares of Toro have outperformed the Zacks categorized Tools-Hand Held industry over the past one year. In fact, the company’s shares have gained 65.9%, while the industry logged in a return of around 23.7% over the same period.

Toro currently carries a Zacks Rank #3 (Hold).

Better-ranked stocks in the same space include The Dixie Group, Inc. (NASDAQ:DXYN) , The Marcus Corporation (NYSE:MCS) and Nutrisystem, Inc. (NASDAQ:NTRI) . Currently, all three stocks boast a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Dixie has an average positive earnings surprise of 102.38% for the last four quarters. The Marcus Corporation has delivered an average positive earnings surprise of 15.38% in the past four quarters. Nutrisystem generated an average positive earnings surprise of 17.52% over the trailing four quarters.

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