Briggs & Stratton (BGG) Tops Q3 EPS by 11c, Revenue Light, FY15 EPS Guidance Beats

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Briggs & Stratton Corporation Reports Results For The Third Quarter And First Nine Months Of Fiscal Year 2015; Increases Fiscal 2015 Earnings Outlook

April 23, 2015 5:45 PM EDT

MILWAUKEE, April 23, 2015 /PRNewswire/ -- Briggs & Stratton Corporation (NYSE: BGG) today announced financial results for its third fiscal quarter ended March 29, 2015.

Highlights:

Third quarter fiscal 2015 consolidated net sales were $619.0 million, a decrease of $9.4 million or 1.5% compared to the prior year Third quarter fiscal 2015 consolidated adjusted net income was $39.2 million, an improvement from the adjusted net income of $38.7 million in the third quarter of fiscal 2014 Third quarter fiscal 2015 adjusted diluted earnings per share was $0.86, an... More