Husqvarna first-quarter drop tied to weather, European economy

04/24/2013 | Bloomberg · Reuters

Husqvarna's net income slipped 26% to $70 million in the first quarter, missing analyst estimates of about $85 million. Unfavorable weather and an ongoing slump in Europe contributed to the decline, according to this article. The company is moving forward with plans to reduce its workforce to boost profits.

View Full Article in:

Bloomberg · Reuters

Published in Brief: