Retail sales results were somewhat mixed, with greater than 20% snowmobile growth helping to offset modest weather-related declines in off-road vehicles, motorcycles and boats, according to the company.
Jim Mayfield, president of Rainbow Ag, says he has been able to achieve three consecutive years of record sales and profitability for his California-based dealership by following a formula familiar to business owners.
Briggs & Stratton's next dividend is payable Oct. 1 to shareholders of record on Aug. 20. The company said it is raising its dividend because of its improved financial performance despite the weak economy.
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