Briggs & Stratton Corporation Clarifies 2nd Quarter Fiscal 2008 Earnings Report Announcement

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.


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Source: Briggs & Stratton Corporation