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.

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Bloomberg · Reuters

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