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Key Developments: Briggs & Stratton Corp (BGG)

BGG on New York Consolidated

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5 May 2016
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Latest Key Developments (Source: Significant Developments)

Briggs & Stratton Corp reaffirms FY 2016 revenue guidance; raises FY 2016 earnings guidance
Wednesday, 20 Jan 2016 05:09pm EST 

Briggs & Stratton Corp:Continue to anticipate net sales for FY 2016 to be in a range of $1.90 billion to $1.96 billion.Says increasing earnings guidance for FY 2016.Estimates FY 2016 net income to be in a range of $56 million to $63 million or $1.25 to $1.41 per diluted share, up from previous guidance of $54 million to $61 million or $1.20 to $1.36 per diluted share; prior to the impact of any restructuring actions or additional share repurchases.FY 2015 EPS of $1.30 and revenue of $1.92 billion - Thomson Reuters I/B/E/S.  Full Article

Briggs & Stratton Corp reaffirms FY 2016 revenue guidance
Thursday, 29 Oct 2015 04:42pm EDT 

Briggs & Stratton Corp:Reaffirming our guidance for FY 2016.Anticipate net sales for FY 2016 to be in a range of $1.90 billion to $1.96 billion.Continue to estimate FY 2016 net income to be in a range of $54 million to $61 million or $1.20 to $1.36 per diluted share prior to the impact of any restructuring actions.FY 2015 net income of $58 million, EPS of $1.30 and revenue of $1.91 billion - Thomson Reuters I/B/E/S.  Full Article

Briggs & Stratton Corp declares quarterly dividend
Wednesday, 28 Oct 2015 03:07pm EDT 

Briggs & Stratton Corp:Declares quarterly dividend of thirteen and one half cents ($0.135) per share on the common stock of the Corporation.Payable Dec. 31 to shareholders of record at the close of business Dec. 17.  Full Article

Briggs & Stratton Corp gives FY 2016 revenue guidance
Wednesday, 12 Aug 2015 06:06pm EDT 

Briggs & Stratton Corp:Projects FY 2016 net sales to be in a range of $1.90 to $1.96 billion.FY 2016 revenue of $1.93 bln - Thomson Reuters I/B/E/S.  Full Article

Briggs & Stratton Corp declares 8% increased dividend
Wednesday, 12 Aug 2015 12:56pm EDT 

Briggs & Stratton Corp:Declared a quarterly dividend of $0.135 per share on the common stock of the Corporation.Payable on Sept. 30.Record date as of Sept. 17.  Full Article

Briggs & Stratton Corp recalls simplicity riding Mowers and Garden Tractors due to risk of injury - CPSC
Wednesday, 22 Jul 2015 08:00pm EDT 

Briggs & Stratton Corp:Says the chute deflector on the riding mowers and garden tractors can fail to prevent projectiles from being expelled, this poses a risk of injury to consumers from projectiles - Consumer Product Safety Commission.Says this recall involves orange Simplicity brand zero turn riding mowers, mower deck attachments and garden tractors. Mower deck sizes range from 44 to 54 inches.Says the recall is about 2,800 units.Says none of the injuries are reported.  Full Article

Briggs & Stratton Corporation acquires Billy Goat Industries
Wednesday, 20 May 2015 08:43am EDT 

Briggs & Stratton Corporation:Acquires U.S. based Billy Goat Industries, Inc.Briggs & Stratton has acquired all of the outstanding shares of Billy Goat for approximately $26 million in cash.The transaction was effective on May 20.  Full Article

Briggs & Stratton Corp raises FY 2015 earnings guidance; lowers FY 2015 revenue guidance
Thursday, 23 Apr 2015 05:45pm EDT 

Briggs & Stratton Corp:Increases estimated earnings for FY 2015 to take into consideration operating results and additional share repurchases during first three fiscal quarters as well as tax benefit of $4.7 million recognized in third quarter for research and development tax credits.Projects FY 2015 net income to be in a range of $57 million to $64 million or $1.27 to $1.43 per diluted share prior to impact of acquisition expenses, additional share repurchases, or costs related to announced restructuring actions.Projects consolidated net sales for FY 2015 to be in a range of $1.90 billion to $1.95 billion.Decrease in sales guidance is primarily related to slowing growth rates in sales of product in international regions as well as the impact of strengthening U.S. dollar.FY 2015 net income of $55 million, EPS of $1.24 and revenue of $1.93 billion - Thomson Reuters I/B/E/S.  Full Article

Briggs & Stratton declares dividend
Thursday, 23 Apr 2015 10:58am EDT 

Briggs & Stratton:Declared a quarterly dividend of $0.125 per share on the common stock of the Company.The dividend is payable June 26, to shareholders of record at the close of business June 12.  Full Article

Briggs & Stratton reaffirms FY 2015 revenue guidance; raises FY 2015 earnings guidance
Wednesday, 21 Jan 2015 05:30pm EST 

Briggs & Stratton:Says that for FY 2015 adjusting outlook to increase the lower end of the company's previous earnings guidance.Now project FY 2015 net income to be in a range of $55 million to $63 million or $1.20 to $1.35 per diluted share.Consolidated net sales for FY 2015 to be in a range of $1.94 billion to $2.0 billion.  Full Article

BRIEF-Briggs & Stratton Q3 earnings per share $0.61

* Briggs & Stratton Corporation reports results for the third quarter of fiscal year 2016, reaffirms full year earnings guidance, and increases share repurchase program authorization

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