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Briggs And Stratton's Business Segments
Briggs And Stratton's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of Q3 FY2020
Reportable Segments
3
Largest Segment
Engines
Total Revenue
$ 474
Regions Reported
-
Revenue Share by Reportable Segment - Q3 FY2020
- Engines56.9%
- Products48.4%
- Intersegment Eliminations0%
Revenue by Reportable Segment - Q3 FY2020
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Engines | $ 270 | 56.9% |
| Products | $ 229 | 48.4% |
| Intersegment Eliminations | $ -25 | - |
Description of Briggs And Stratton
The Briggs and Stratton Corporation is a renowned American manufacturing company, which was founded in 1908 by Stephen F. Briggs and Harold M. Stratton. The company specializes in producing engines for various applications such as outdoor power equipment, lawn mowers, generators, pressure washers, and other related products. The company is headquartered in Wauwatosa, Wisconsin and operates in over 100 countries globally.
The Briggs and Stratton Corporation has always been a pioneer in the industry, and its history is marked by a series of engineering innovations. In the early years, the company pioneered the production of lightweight, high-performance, gasoline-powered engines. In 1953, the company revolutionized the small engine manufacturing industry by introducing the aluminum cylinder block, which significantly reduced engine weight and improved performance.
The company has manufacturing facilities in various locations around the world, employing over 5,200 people. Briggs and Stratton engines are produced in facilities in the US, China, and other locations. The company's products are sold under various brand names, including Briggs and Stratton, Simplicity, Snapper, Ferris, Murray, and others.
The company is widely recognized for its high-quality engines and innovative designs, which have garnered it numerous industry awards and accolades. The company has won several innovation awards, including the 2011 Innovator of the Year Award, and has also been named one of America's Most Admired Companies by Fortune Magazine.
The Briggs and Stratton Corporation is strongly committed to sustainability and green initiatives. The company has implemented a Corporate Social Responsibility Program that aims to reduce its environmental impact by reducing greenhouse gas emissions, conserving water resources, and reducing waste production. The company has also introduced a range of eco-friendly products, which are designed to reduce fuel consumption and emissions.
In 2020, the company filed for Chapter 11 bankruptcy due to mounting debt and the economic impact brought about by Covid-19. However, through the bankcruptcy process, the Briggs & Stratton Corporation emerged with a new owner and is now operating under new management.
In conclusion, the Briggs and Stratton Corporation is a company that has a rich history of innovation, industry leadership, and environmental stewardship. The company has a long-standing reputation for producing high-quality products, which are sold globally, and has won numerous awards and accolades for its achievements. The company's commitment to sustainability and green initiatives underscores its commitment to being a socially responsible company.
The Briggs and Stratton Corporation has always been a pioneer in the industry, and its history is marked by a series of engineering innovations. In the early years, the company pioneered the production of lightweight, high-performance, gasoline-powered engines. In 1953, the company revolutionized the small engine manufacturing industry by introducing the aluminum cylinder block, which significantly reduced engine weight and improved performance.
The company has manufacturing facilities in various locations around the world, employing over 5,200 people. Briggs and Stratton engines are produced in facilities in the US, China, and other locations. The company's products are sold under various brand names, including Briggs and Stratton, Simplicity, Snapper, Ferris, Murray, and others.
The company is widely recognized for its high-quality engines and innovative designs, which have garnered it numerous industry awards and accolades. The company has won several innovation awards, including the 2011 Innovator of the Year Award, and has also been named one of America's Most Admired Companies by Fortune Magazine.
The Briggs and Stratton Corporation is strongly committed to sustainability and green initiatives. The company has implemented a Corporate Social Responsibility Program that aims to reduce its environmental impact by reducing greenhouse gas emissions, conserving water resources, and reducing waste production. The company has also introduced a range of eco-friendly products, which are designed to reduce fuel consumption and emissions.
In 2020, the company filed for Chapter 11 bankruptcy due to mounting debt and the economic impact brought about by Covid-19. However, through the bankcruptcy process, the Briggs & Stratton Corporation emerged with a new owner and is now operating under new management.
In conclusion, the Briggs and Stratton Corporation is a company that has a rich history of innovation, industry leadership, and environmental stewardship. The company has a long-standing reputation for producing high-quality products, which are sold globally, and has won numerous awards and accolades for its achievements. The company's commitment to sustainability and green initiatives underscores its commitment to being a socially responsible company.
Briggs and Stratton Corporation is a well-known American company that manufactures and sells a wide range of engines, power equipment, and ancillary products for residential, commercial, and industrial applications. The company operates in three main business segments, namely:
1. Engines: The engines segment is engaged in the production and sale of gasoline engines for outdoor power equipment, such as lawn mowers, garden tractors, tillers, snow blowers, and pressure washers. The company offers a variety of engines that range from small handheld ones to large models, including inboard marine engines and generators.
2. Products: The products segment includes the manufacturing and distribution of outdoor power equipment, including lawn mowers, snow blowers, generators, pressure washers, and turf care products. Briggs and Stratton Corporation offers a wide range of power equipment products, including walk-behind and riding lawn mowers, pressure washers, snow blowers, and portable generators. The company also offers engines for construction and industrial applications, as well as a wide range of turf care products to maintain residential, commercial, and public grounds.
3. Parts & Accessories: The parts and accessories segments are focused on offering customers a full spectrum of engine parts and accessories required for maintenance, repair, and replacement. The company's product offerings include air filters, oil filters, spark plugs, fuel system components, mufflers, belts, and other small engine parts and accessories.
Overall, Briggs and Stratton Corporation serves a wide range of customer segments in the residential, commercial, and industrial markets with a vast array of products and services. The company is committed to providing high-quality, durable, and reliable products to its customers, and has established itself as a leading brand in the power equipment industry.
1. Engines: The engines segment is engaged in the production and sale of gasoline engines for outdoor power equipment, such as lawn mowers, garden tractors, tillers, snow blowers, and pressure washers. The company offers a variety of engines that range from small handheld ones to large models, including inboard marine engines and generators.
2. Products: The products segment includes the manufacturing and distribution of outdoor power equipment, including lawn mowers, snow blowers, generators, pressure washers, and turf care products. Briggs and Stratton Corporation offers a wide range of power equipment products, including walk-behind and riding lawn mowers, pressure washers, snow blowers, and portable generators. The company also offers engines for construction and industrial applications, as well as a wide range of turf care products to maintain residential, commercial, and public grounds.
3. Parts & Accessories: The parts and accessories segments are focused on offering customers a full spectrum of engine parts and accessories required for maintenance, repair, and replacement. The company's product offerings include air filters, oil filters, spark plugs, fuel system components, mufflers, belts, and other small engine parts and accessories.
Overall, Briggs and Stratton Corporation serves a wide range of customer segments in the residential, commercial, and industrial markets with a vast array of products and services. The company is committed to providing high-quality, durable, and reliable products to its customers, and has established itself as a leading brand in the power equipment industry.