10-Q Review: The complete update

With Toro's fourth-quarter earnings, released on March 6, the HBSDealer 10-Q Report completes another cycle, and another earnings season.

All 30 of the publicly traded companies tracked by HBSDealer have now issued a quarterly report in 2025. For the record, Toro saw declines in both sales and earnings.

“We recognize the heightened level of uncertainty affecting the macro environment, including a decline in consumer confidence and rapidly evolving trade policy,” said Richard Olson, chairman and CEO, looking ahead. “We are prepared to take operational and pricing actions, as appropriate, to position the company for success.”

Overall, gainers and decliners came in about even—14 of the 30 showed improvement in both sales and earnings, compared to the prior-year quarter.

Some of the biggest names in retail had positive numbers.  Home Depot and Floor and Decor both showed gains in sales and earnings.

At Home Depot, said CEO Ted Decker said this about the acquisition of SRS Distribution: "While we've only owned them for seven months, we could not be happier with the business. The capabilities that SRS brings are both additive and complementary to our strategic efforts."

Lowe's showed a 10.3 percent increase in quarterly earnings. 

Fastenal and WD-40 Company have respectively reported their fourth quarter and first quarter earnings. WD-40 Co. sales increased 9 percent in its quarter, and CEO Steve Brass spoke for optimists everywhere when he said: "As I look around the world, all I see is opportunity." 

The median sales decline on the 10-Q Review stands at negative 0.2 percent. The median earnings decline stands at negative 4.65 percent.