Snapper Acquired by Simplicity in 2002 Simplicity acquired by Briggs & Stratton in 2004 Jim Wier, The Man Who Said No to Walmart

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Presentation transcript:

Snapper Acquired by Simplicity in 2002 Simplicity acquired by Briggs & Stratton in 2004 Jim Wier, The Man Who Said No to Walmart who-said-no-wal-mart

In April 2012, the Company announced that beginning in fiscal 2013, it will no longer pursue placement of lawn and garden products at national mass retailers. The Engines segment will continue to support lawn and garden equipment OEMs who provide lawn and garden equipment to these retailers. The Products segment will continue to focus on innovative, higher margin products that are sold through its independent dealer network and regional retailers. The Company will also continue to sell pressure washers and portable and standby generators through the U.S. mass retail channel. The products segment product lines are marketed under its own brands such as: Briggs & Stratton, Snapper, Simplicity, Ferris, Snapper Pro, Murray, Victa as well as other brands such as Craftsman, John Deere, GE, and Troy-Bilt. Historically, Products’ major customers have been Lowe’s, Sears and Deere & Company. Sales to these three customers combined were 27%, 33% and 34% of Products segment net sales in fiscal 2012, 2011 and 2010, respectively. Other U.S. customers include Wal-Mart,The Home Depot, Tractor Supply Inc., and a network of independent dealers

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