Blount International (NYSE:BLT) manufactures equipment, accessories and replacement parts sold in two primary end-markets.
The Forestry, Lawn and Garden (FLAG) segment sells saw chain, guide bars, rims/sprockets, log splitters, cordless tools, lawnmower/edger blades, trimmer heads/line and related accessories.
The Farm, Ranch and Agriculture (FRAG) segment sells tractor attachments (used for mowing, cutting, clearing, material handling, landscaping and grounds maintenance), log splitters, post-hole diggers, lawn mowers and attachments for off-highway construction equipment.
The Concrete Cutting and Finishing (CCF) segment sells gas/hydraulic chain saws, diamond cutting chain, parts and accessories used in the construction and utility markets.
Pullback overdiscounts negative catalysts and ignores the positives
BLT is down 24% YTD after management reduced 2013 guidance in February as...
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