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Stock Market & Financial Investment News

News Breaks
January 23, 2014
07:47 EDTBGGBriggs & Stratton reports Q2 adjusted EPS 5c, consensus 9c
Reports Q2 revenue $416.6M, consensus $439.97M; The reduced storm activity reduced net sales and diluted earnings per share by an estimated $55M and 12c in the fiscal quarter compared with last year.
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April 23, 2015
18:05 EDTBGGBriggs & Stratton expects $5M-$7M in restructuring savings in FY15
Briggs & Stratton reported pre-tax restructuring costs for Q3 were $8.0M and pre-tax savings were $2.3M. Pre-tax restructuring cost estimates for fiscal 2015 remain unchanged at $30M-$37M. Total annual cost savings as a result of these actions are anticipated to be approximately $15M-$20M with approximately $5M-$7M expected to be realized in fiscal 2015 and the remainder realized in fiscal 2016.
18:00 EDTBGGBriggs & Stratton raises FY15 EPS view to $1.27-$1.43 from $1.20-$1.35
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17:55 EDTBGGBriggs & Stratton reports Q3 adjusted EPS 86c, consensus 75c
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