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Article: Briggs & Stratton Corporation Reports Results for the Fourth Quarter and Twelve Months of Fiscal 2009.(Financial report)
- Article from:
- Science Letter
- Article date:
- August 25, 2009
CopyrightCOPYRIGHT 2009 NewsRX. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Briggs & Stratton Corporation (NYSE:BGG)
Briggs & Stratton announced fiscal 2009 fourth quarter consolidated net sales of $482.8 million and consolidated net income of $5.3 million or $0.11 per diluted share. The fourth quarter of fiscal 2008 had consolidated net sales of $581.1 million and consolidated net income of $0.5 million or $0.01 per diluted share. The consolidated net sales decrease of $98.3 million or 17% was due primarily to decreased shipment volumes in both the Engines and Power Products Segments (see also Briggs & Stratton Corporation).
Included in net income for the fiscal 2009 fourth quarter was a $5.8 million pretax ($3.5 million ...
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