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Briggs & Stratton Corp (BGG.N)

BGG.N on New York Stock Exchange

15.58USD
14 Nov 2018
Change (% chg)

$0.37 (+2.43%)
Prev Close
$15.21
Open
$15.34
Day's High
$15.73
Day's Low
$15.12
Volume
129,503
Avg. Vol
107,764
52-wk High
$27.34
52-wk Low
$13.33

Latest Key Developments (Source: Significant Developments)

Briggs & Stratton Corp Reports Fiscal 2019 Q1 Results
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - Briggs & Stratton Corp ::ORATION REPORTS FISCAL 2019 FIRST QUARTER RESULTS.Q1 ADJUSTED LOSS PER SHARE $0.51 EXCLUDING ITEMS.Q1 SALES $279 MILLION VERSUS I/B/E/S VIEW $296.4 MILLION.Q1 EARNINGS PER SHARE VIEW $-0.47 -- THOMSON REUTERS I/B/E/S.SEES FY 2019 SALES $1.95 BILLION TO $2.01 BILLION.SEES FY 2019 EARNINGS PER SHARE $1.40 TO $1.60.CONTINUES TO ANTICIPATE CAPITAL EXPENDITURES OF APPROXIMATELY $65 MILLION FOR 2019.FULL YEAR COSTS ARE EXPECTED TO BE APPROXIMATELY $27 MILLION TO $32 MILLION IN FISCAL 2019.BRIGGS & STRATTON - INCREASE IN FY SALES OUTLOOK PRIMARILY CONTEMPLATES HIGHER PRICING TO OFFSET ANTICIPATED COST OF U.S. TARIFFS IMPLEMENTED IN SEPT.  Full Article

Briggs & Stratton Expands Commercial Product Portfolio With Acquisition Of Stand-On Blower Product Line
Wednesday, 1 Aug 2018 

Aug 1 (Reuters) - Briggs & Stratton Corp ::BRIGGS & STRATTON EXPANDS COMMERCIAL PRODUCT PORTFOLIO WITH ACQUISITION OF STAND-ON BLOWER PRODUCT LINE.BRIGGS & STRATTON CORP - TERMS OF TRANSACTION WERE NOT DISCLOSED.BRIGGS & STRATTON CORP - ACQUIRED CERTAIN ASSETS OF HURRICANE, INC. OF MUSKEGON HEIGHTS, MI.  Full Article

Briggs & Stratton Declares Dividend, Approves Share Repurchase Authorization
Wednesday, 25 Apr 2018 

April 25 (Reuters) - Briggs & Stratton Corp ::BRIGGS & STRATTON DECLARES DIVIDEND AND APPROVES $50 MILLION SHARE REPURCHASE AUTHORIZATION.BRIGGS & STRATTON - AUTHORIZED $50 MILLION IN FUNDS FOR USE IN CO'S STOCK REPURCHASE PROGRAM WITH EXPIRATION OF JUNE 30, 2020.BRIGGS & STRATTON CORP - WILL REPURCHASE SHARES OF COMMON STOCK USING AVAILABLE CASH.  Full Article

Briggs & Stratton Recalls Riding Mowers Due To Risk Of Injury
Tuesday, 20 Mar 2018 

March 20 (Reuters) - Briggs & Stratton Corp ::BRIGGS & STRATTON RECALLS RIDING MOWERS DUE TO RISK OF INJURY.U.S. CPSC SAYS RECALL INVOLVES ABOUT 18,000 BRIGGS & STRATTON RIDING MOWERS.  Full Article

Briggs & Stratton acquires commercial spreader and sprayer product line
Monday, 11 Dec 2017 

Dec 11 (Reuters) - Briggs & Stratton Corp ::BRIGGS & STRATTON ACQUIRES COMMERCIAL SPREADER AND SPRAYER PRODUCT LINE.BRIGGS & STRATTON CORP - BRIGGS & STRATTON FINANCED TRANSACTION FROM CASH ON HAND.BRIGGS & STRATTON CORP - EXPECTS THAT ACQUISITION WILL NOT HAVE A MATERIAL EFFECT ON FISCAL 2018 EARNINGS OR CASH FLOWS.BRIGGS & STRATTON CORP - ACQUIRED ASSETS OF GROUND LOGIC INC OF LINCOLN, NE.  Full Article

Briggs & Stratton to move production from Japan to plants in U.S.
Monday, 30 Oct 2017 

Oct 30 (Reuters) - Briggs & Stratton Corp :Briggs & Stratton to move production from Japan to its plants in Statesboro, Georgia and Auburn, Alabama.Briggs & Stratton- ‍production of V-Twin Vanguard engines in U.S. Plants is expected to be phased in beginning in middle of 2018 through middle of 2019​.Briggs & Stratton-to move production of V-Twin Vanguard engines from JV in Japan to existing facilities in Statesboro, Georgia and Auburn, Alabama​.  Full Article

Briggs & Stratton reports Q1 adjusted loss per share $0.27
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Briggs & Stratton Corp :Briggs & Stratton Corporation reports fiscal 2018 first quarter results.Q1 adjusted loss per share $0.27.Q1 earnings per share view $-0.34 -- Thomson Reuters I/B/E/S.Sees FY 2018 sales $1.9 billion to $1.95 billion.Q1 sales $329 million versus I/B/E/S view $295.8 million.Raises FY 2018 earnings per share view to $1.41 to $1.58.Q1 GAAP loss per share $0.36.Briggs & Stratton- ‍for fiscal 2018, operating margins expected to be about 5.8% to 6.0% prior to impact of costs related to business optimization program​.  Full Article