Briggs & Stratton sees "soft demand across international markets"

Briggs & Stratton lowered its 2013 financial forecast after an 11.5% decline in sales last quarter. "We continue to see soft demand across international markets for engines and products due to macroeconomic concerns weighing on the minds of consumers and unfavorable weather conditions," CEO Todd Teske said. He also cited a late U.S. spring.

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