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Briggs and Stratton filed for bankruptcy today

They’re blaming this on the Covid-19 epidemic.

But in doing some casual research, apparently they’ve been going downhill for a while now.

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3 years ago, the shares were around $20. Today they closed at around 75 cents.

The cash position and the debt on their balance sheet also tells a story

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And I suspect the growing popularity of stuff like electric lawn mowers must have been hurting them. Hell... I haven’t used a gas powered mower for over a decade.

Here is a link to the 6 wheel hybrid car they made years ago that Jay Leno drove:

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