Briggs & Stratton Corporation Reports Q2 EPS of $(0.03) vs. $.02

Briggs & Stratton Corporation BGG today announced financial results for its second fiscal quarter and first six months ended December 26, 2010. Second quarter fiscal 2011 consolidated net sales of $450.3 million increased $57.3 million or 14.6% from the second quarter of fiscal 2010. For the first six months of fiscal 2011, consolidated sales were $784.4 million, an increase of $66.8 million or 9.3% from the same period of fiscal 2010. Second quarter fiscal 2011 consolidated net loss of $1.3 million, or $0.03 per diluted share, included a $2.2 million after tax charge, or $0.04 per diluted share, related to previously announced organization changes and $2.4 million after tax costs, or $0.05 per diluted share, associated with the refinancing of our Senior Notes.