UPDATE: Briggs & Stratton (BGG) Tops Q3 EPS by 1c, Revenue Light; Offers FY Guidance
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Briggs & Stratton Corporation Reports Fiscal 2017 Third Quarter Results
April 20, 2017 5:05 PM EDTMILWAUKEE, April 20, 2017 /PRNewswire/ -- Briggs & Stratton Corporation (NYSE: BGG) today announced financial results for its third fiscal quarter ended April 2, 2017.
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Fiscal third quarter net sales were $597 million, a decrease of $7 million or 1.1% compared to last year. Strong sales growth in commercial engines and products was offset by a sales decline in small engines due to OEM customers producing closer to the season, as anticipated. Fiscal third quarter gross profit margin of 22.6% increased from... More