Leggett & Platt

Leggett & Platt, Inc. engages in the manufacture and distribution of furniture and engineered components and products among homes, offices, automobiles, and commercial aircraft. It operates through the following segments: Bedding, Flooring, Furniture & Textile, and Specialized Products. The Bedding Products segment supplies products and components for the home, including mattress springs and specialty foam, as well as adjustable beds, bedding machinery, steel rod, and drawn wire. The Flooring, Furniture & Textile Products segment is a producer of an extensive line of components and engineered systems for office, residential, and contract furniture manufacturers. The Specialized Products segment supplies titanium, nickel, and stainless-steel tubing for the aerospace industry, and serves the construction market with its hydraulic cylinders group. The company was founded by J. P. Products and C. B. Platt in 1883 and is headquartered in Carthage, MO.

Earnings data Q2 2021

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LEG reports Q1 2023 sales decline, anticipates improvement in back half

LEG's Q1 2023 performance reflected a decline in sales compared to the previous year, with notable challenges in the Bedding and Furniture, Flooring & Textile Products segments. However, the company demonstrated strong cash flow generation and highlighted opportunities for improvement in the second half of the year, particularly in recovering automotive costs and monitoring consumer spending amidst inflation concerns.

LEG reports Q2 sales decline, eyes pent-up demand in bedding

LEG's Q2 2023 performance was impacted by sales declines in the Bedding and Furniture, Flooring & Textile Products segments. However, the Specialized Products segment showed strength, with improved margins and growth opportunities. The company is focused on managing cash and is optimistic about pent-up demand in the bedding market.

LEG reports Q3 sales decline but sees potential market recovery

Despite sales decline, cash flow improved significantly. Lowered guidance reflects challenges in certain segments. Optimism about potential recovery in high-end consumer markets.

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Leggett & Platt, Inc. engages in the manufacture and distribution of furniture and engineered components and products among homes, offices, automobiles, and commercial aircraft. It operates through the following segments: Bedding Products, Specialized Products, and Furniture, Flooring & Textile Products. The Bedding Products segment supplies products and components for the home, including mattress springs and specialty foam, as well as adjustable beds, bedding machinery, steel rod, and drawn wire. The Specialized Products segment supplies titanium, nickel, and stainless-steel tubing for the aerospace industry, and serves the construction market with its hydraulic cylinders group. The Flooring, Furniture & Textile Products segment produces an extensive line of components and engineered systems for office, residential, and contract furniture manufacturers. The company was founded by J. P. Products and C. B. Platt in 1883 and is headquartered in Carthage, MO.

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Leggett & Platt's (LEG) first-quarter results reflect solid pricing and buyout synergies.

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Leggett & Platt, Incorporated (NYSE:LEG ) Q1 2022 Earnings Conference Call May 3, 2022 8:30 AM ET Company Participants Susan McCoy – Senior Vice President of Investor Relations Mitch Dolloff – President and Chief Executive Officer Jeff Tate – Executive Vice President and Chief Financial Officer Tyson Hagale – Senior Vice President and President of the Bedding Products Steve Henderson – Executive Vice President and President, Specialized Products & Furniture, Flooring and Textile Products Conference Call Participants Keith Hughes – Truist Bobby Griffin – Raymond James Peter Keith – Piper Sandler Susan Maklari – Goldman Sachs Operator Greetings, and welcome to Leggett & Platt First Quarter 2022 Earnings Conference Call. At this time, all participants are in listen-only mode.

Leggett & Platt's (LEG) CEO Mitch Dolloff on Q1 2022 Results - Earnings Call Transcript

Legget & Platt (LEG) delivered earnings and revenue surprises of 17.86% and 4.24%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Legget & Platt (LEG) Q1 Earnings and Revenues Surpass Estimates

CARTHAGE, Mo. , May 2, 2022 /PRNewswire/ --  Record 1Q sales1 of $1.32 billion, a 15% increase vs 1Q21 Record 1Q EBIT of $138 million, up $10 million vs 1Q21 Record 1Q EPS of $.66, an increase of $.02 vs 1Q21 2022 guidance unchanged: sales of $5.3–$5.6 billion; EPS of $2.70–$3.00 Diversified manufacturer Leggett & Platt reported record first quarter sales1 of $1.32 billion, a 15% increase versus first quarter last year.

LEGGETT & PLATT REPORTS RECORD 1Q RESULTS

Carthage, MO, April 19, 2022 (GLOBE NEWSWIRE) -- Leggett & Platt (NYSE:LEG), a diversified manufacturer of engineered products serving several major markets, will release first quarter earnings results on Monday, May 2, 2022 after the market closes, and hold its quarterly conference call to discuss first quarter results, annual guidance, market conditions and related matters on Tuesday, May 3, 2022, at 8:30 a.m. Eastern Time (7:30 a.m. Central Time).

Leggett & Platt Announces 1Q 2022 Earnings Call

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Leggett & Platt Inc. ( LEG , Financial) is in the business of producing above-market shareholder returns. It also designs and produces engineered components and products found in cars and homes.

Leggett & Platt Is Focused on Shareholder Returns

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CARTHAGE, Mo. , March 10, 2022 /PRNewswire/ -- Leggett & Platt announced the election of Angela Barbee to its Board of Directors effective immediately.

LEGGETT'S BOARD OF DIRECTORS ELECTS NEW BOARD MEMBER

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News for Leggett & Platt Stock (LEG)