MILWAUKEE, Jan. 17 /PRNewswire-FirstCall/ — Briggs & Stratton Corporation (NYSE:BGG)
In the Briggs & Stratton Quarterly earnings announcement earlier today, the Company indicated that operationally, the six month results improved from the same period a year ago as the benefits of increased sales and lower manufacturing costs were greater than the higher expenses associated with operations startup, a plant closing and lower production levels. This sentence should have indicated that operationally, the six month results declined from the same period a year ago as the benefits of increased sales and lower manufacturing costs were offset by higher expenses associated with operations startup, a plant closing and lower production levels. All amounts as reported in the earlier release are correct.
First Call Analyst:
FCMN Contact:
Source: Briggs & Stratton Corporation