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Briggs & Stratton Corp (BGG.N)

BGG.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Briggs & Stratton Corporation Reports Q1 Adjusted Loss Per Share $0.67 Excluding Items
Friday, 1 Nov 2019 

Nov 1 (Reuters) - Briggs & Stratton Corp ::ORATION REPORTS FISCAL 2020 FIRST QUARTER RESULTS.Q1 ADJUSTED LOSS PER SHARE $0.67 EXCLUDING ITEMS.Q1 GAAP LOSS PER SHARE $0.81.Q1 SALES $314 MILLION VERSUS REFINITIV IBES ESTIMATE OF $291.1 MILLION.Q1 EARNINGS PER SHARE ESTIMATE $-0.72 -- REFINITIV IBES DATA.SEES FY 2020 SALES $1.91 BILLION TO $1.97 BILLION.MAINTAINING ITS PREVIOUS FINANCIAL GUIDANCE FOR FISCAL 2020..BRIGGS & STRATTON - STORM-RELATED GENERATOR SHIPMENTS IN QUARTER FELL DUE TO RELATIVELY LOW AMOUNT OF POWER OUTAGES CAUSED BY HURRICANE DORIAN.SEES 2020 NET SALES ARE EXPECTED TO BE WITHIN A RANGE OF $1.91 BILLION TO $1.97 BILLION.TRACKING TO PLAN TO DELIVER A REDUCTION IN INVENTORY BY END OF FISCAL YEAR.SEES 2020 ADJUSTED NET INCOME IS EXPECTED WITHIN A RANGE OF $0.20 TO $0.40 PER DILUTED SHARE.  Full Article

Lydall Appoints Sara Greenstein as CEO And President
Tuesday, 15 Oct 2019 

Oct 15 (Reuters) - Lydall Inc ::LYDALL ANNOUNCES APPOINTMENT OF NEW PRESIDENT AND CHIEF EXECUTIVE OFFICER.SAYS SARA A. GREENSTEIN APPOINTED CEO AND PRESIDENT.GREENSTEIN WILL SUCCEED DALE G. BARNHART.GREENSTEIN CURRENTLY SERVES AS A MEMBER OF BOARD OF DIRECTORS OF BRIGGS & STRATTON CORPORATION.  Full Article

Briggs & Stratton Amends, Restates Multicurrency Credit Agreement
Thursday, 15 Aug 2019 

Aug 15 (Reuters) - Briggs & Stratton Corp ::BRIGGS & STRATTON - ON AUGUST 13, ENTERED CONSENT MEMORANDUM PURSUANT TO ITS AMENDED, RESTATED MULTICURRENCY CREDIT AGREEMENT AS OF MARCH 25, 2016.BRIGGS & STRATTON CORP - CLOSURE OF MURRAY FACILITY WILL AFFECT APPROXIMATELY 630 EMPLOYEES.BRIGGS & STRATTON SAYS IMPACTED EMPLOYEES FROM MURRAY FACILITY WILL HAVE OPPORTUNITY TO RELOCATE TO ANOTHER COMPANY FACILITY - SEC FILING.BRIGGS & STRATTON CORP - CLOSURE OF MURRAY FACILITY IS AS A RESULT OF CONSOLIDATION OF SMALL ENGINES PRODUCTION UNIT INTO ITS MISSOURI FACILITY.  Full Article

Briggs & Stratton Corp Q4 GAAP Loss Per Share $0.45
Thursday, 15 Aug 2019 

Aug 15 (Reuters) - Briggs & Stratton Corp ::ORATION REPORTS FISCAL 2019 FOURTH QUARTER AND FULL-YEAR RESULTS.Q4 ADJUSTED LOSS PER SHARE $0.36 EXCLUDING ITEMS.Q4 GAAP LOSS PER SHARE $0.45 INCLUDING ITEMS.Q4 SALES $472 MILLION VERSUS REFINITIV IBES ESTIMATE OF $519.9 MILLION.Q4 EARNINGS PER SHARE ESTIMATE $0.45 -- REFINITIV IBES DATA.SEES FY 2020 ADJUSTED EARNINGS PER SHARE $0.20 TO $0.40.SEES FY 2020 SALES $1.91 BILLION TO $1.97 BILLION.SEES FY 2020 SALES UP ABOUT 5.5 PERCENT.SAYS EXPECTS FY 2020 CAPITAL EXPENDITURES TO BE APPROXIMATELY $55 MILLION.SAYS EXPECTS TO ACHIEVE POSITIVE CASH FLOW FROM OPERATIONS NET OF CAPITAL SPENDING FOR FY 2020.  Full Article

Briggs & Stratton Q3 Adjusted Earnings Per Share $0.34 Excluding Items
Friday, 26 Apr 2019 

April 25 (Reuters) - Briggs & Stratton Corp ::BRIGGS & STRATTON CORPORATION REPORTS FISCAL 2019 THIRD QUARTER RESULTS.SEES FY 2020 EARNINGS PER SHARE $1.20 TO $1.40 EXCLUDING ITEMS.Q3 ADJUSTED EARNINGS PER SHARE $0.34 EXCLUDING ITEMS.Q3 GAAP EARNINGS PER SHARE $0.19.Q3 SALES $580 MILLION VERSUS REFINITIV IBES ESTIMATE OF $575.3 MILLION.Q3 EARNINGS PER SHARE ESTIMATE $0.65 -- REFINITIV IBES DATA.SEES FY 2020 SALES $1.98 BILLION TO $2.03 BILLION.SEES FY 2019 EARNINGS PER SHARE $0.45 TO $0.55.FY2019 REVENUE VIEW $1.90 BILLION -- REFINITIV IBES DATA.FISCAL 2019 NET SALES ARE NOW EXPECTED TO BE IN A RANGE OF $1.86 BILLION TO $1.91 BILLION.CONTINUES TO ANTICIPATE CAPITAL EXPENDITURES OF APPROXIMATELY $65 MILLION FOR FISCAL 2019.FY2020 EARNINGS PER SHARE VIEW $1.54 -- REFINITIV IBES DATA.  Full Article

Briggs & Stratton Corporation Reports Fiscal 2019 Third Quarter Results
Friday, 26 Apr 2019 

April 25 (Reuters) - Briggs & Stratton Corp ::ORATION REPORTS FISCAL 2019 THIRD QUARTER RESULTS.SEES FY 2020 EARNINGS PER SHARE $1.20 TO $1.40 EXCLUDING ITEMS.Q3 ADJUSTED EARNINGS PER SHARE $0.34 EXCLUDING ITEMS.Q3 GAAP EARNINGS PER SHARE $0.19.SEES FY 2020 SALES $1.98 MILLION TO $2.03 MILLION.Q3 SALES $580 MILLION VERSUS REFINITIV IBES ESTIMATE OF $575.3 MILLION.Q3 EARNINGS PER SHARE ESTIMATE $0.65 -- REFINITIV IBES DATA.SEES FY 2019 EARNINGS PER SHARE $0.45 TO $0.55.FY2019 REVENUE VIEW $1.90 BILLION -- REFINITIV IBES DATA.FISCAL 2019 NET SALES ARE NOW EXPECTED TO BE IN A RANGE OF $1.86 BILLION TO $1.91 BILLION.CONTINUES TO ANTICIPATE CAPITAL EXPENDITURES OF APPROXIMATELY $65 MILLION FOR FISCAL 2019.FY2020 EARNINGS PER SHARE VIEW $1.54 -- REFINITIV IBES DATA.  Full Article

Briggs & Stratton Corp Says Optimizes Business With Goal To Yield $30 To $35 Mln Annual Pre-Tax Savings By FY2021
Wednesday, 14 Nov 2018 

Nov 14 (Reuters) - Briggs & Stratton Corp ::BRIGGS & STRATTON CORP - OPTIMIZES BUSINESS WITH GOAL TO YIELD $30 TO $35 MILLION ANNUAL PRE-TAX SAVINGS BY FY2021.  Full Article