Briggs & Stratton (BGG) Tops Q2 EPS by 7c
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Briggs & Stratton Corporation Reports Fiscal 2017 Second Quarter Results
January 25, 2017 4:34 PM ESTMILWAUKEE, Jan. 25, 2017 /PRNewswire/ --Â Briggs & Stratton Corporation (NYSE: BGG) today announced financial results for its second fiscal quarter ended January 1, 2017.
Second quarter net sales were $428 million, up $15 million or 3.6% compared to last year. Second quarter net income was $15.3 million, an increase from GAAP net income of $12.6 million and adjusted net income of $15.1 million last year. Second quarter diluted earnings per share were $0.35 compared to $0.28 (GAAP) and $0.34 (adjusted) last year. Repurchased $6.5 million in shares under the share repurchase program during the... More