Briggs & Stratton: Finally Ready to Rise?
Briggs & Stratton Corporation (NYSE:BGG), the world's largest producer of gasoline engines for outdoor power equipment, has been hit hard by several economic forces recently. These include the downturn in the housing market and the unusually fierce weather of the past two years. The company recently released its fourth-quarter earnings report, making now a good time to assess its financials and see how they are weathering the storm.
Fourth Quarter 2014 Earnings
Briggs & Stratton reported net earnings of $7.8 million or $0.17 per share for its fourth quarter, compared with a loss of $55.0 million or ($1.17) per share a year ago. On an adjusted basis, it earned $0.31 per...
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