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 Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Leggett & Platt reports mixed 2022 results, eyes aerospace growth

Leggett & Platt's 2022 performance showed mixed results with sales growth but lower earnings.
The company faces challenges in supply chains and softening demand in key segments.
However, opportunities exist in aerospace, hydraulic cylinders, and improved cash flow generation.
Strategic focus on critical investments and working capital management for future growth.

Leggett & Platt reports mixed Q1 results, eyes Automotive recovery

Leggett & Platt's Q1 2023 performance showed mixed results across segments, with challenges in the Bedding and Specialty foam businesses.
The company's focus on cash generation and balance sheet strength remains a key strength.
Opportunities lie in Automotive cost recovery, consumer spending trends, and growth in specialized product segments.
Maintaining guidance and monitoring market dynamics will be crucial for navigating future uncertainties.

Leggett & Platt Q2 2023: Sales Decline Amid Challenges, Recovery Opportunities

Leggett & Platt faced sales decline and earnings challenges in Q2 2023, impacted by market conditions and segment-specific issues.
Strengths lie in the Specialized Products segment growth, strategic focus on value enhancement, and cash flow priorities set by the new CFO.
Challenges include soft demand in bedding and furniture segments, along with depleted backlogs affecting sales, while opportunities exist in market stabilization and inventory management.

Leggett & Platt reports Q3 sales decline, focuses on cash management

Leggett & Platt faced challenges in sales decline and lowered guidance amid macroeconomic uncertainties but demonstrated strong cash flow and debt management.
The company's diversified portfolio showed resilience, with opportunities in stable housing market demand and managing price-cost dynamics for profitability.
Analysts raised concerns about segment weaknesses and operational challenges, while management expressed confidence in navigating market headwinds.
Optimism exists about consumer spending strength despite economic concerns, positioning Leggett & Platt for potential growth opportunities.

Leggett & Platt navigates challenges, focuses on restructuring and pricing

Leggett & Platt faced a tough Q4 and full year, focusing on restructuring and optimizing operations. While challenges persist in the Bedding and Furniture segments, opportunities exist in specialized products and effective cash management. Pricing adjustments and market alignment are key strategies for navigating uncertainties.

Leggett & Platt Q1 2024: Challenges and Opportunities Amid Restructuring

Leggett & Platt's Q1 2024 performance reflects challenges in certain segments but also highlights strategic priorities towards deleveraging and operational improvements. The company is navigating market competition, restructuring, and cost management to drive profitability and growth.

Leggett & Platt reports Q2 earnings decline, navigates market challenges

Leggett & Platt's Q2 2024 performance reflects a challenging environment with sales decline and earnings impact from a noncash charge.
The company's strengths in restructuring progress, shareholder focus, and employee empowerment position it for resilience amidst market challenges.
Challenges from lower demand, Automotive market volatility, and segment-specific issues require strategic responses for sustained growth.
Opportunities exist for Leggett & Platt to leverage its strengths, adapt to market dynamics, and drive future growth and profitability.

Leggett & Platt reports Q3 challenges, focuses on efficiency improvements

Leggett & Platt faced challenges in Q3 2024 due to weaker demand in key markets, but efficiency improvements and restructuring efforts are driving positive results.
Despite sales decline, the company's focus on operational efficiency and debt reduction is strengthening its financial position.
The revised 2024 outlook sets clear targets for sales, adjusted EPS, and EBIT margin, indicating a strategic approach to navigate market challenges.
Addressing challenges in residential and automotive markets while capitalizing on opportunities for operational enhancement will be key for future success.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

While supply-chain issues mar Leggett's (LEG) 2022 prospects, stocks like WillScot Mobile Mini (WSC) and La-Z-Boy (LZB) are poised to gain from product innovation as well as housing demand.

Forget Leggett (LEG), Buy These Furniture Stocks Instead in 2022

Leggett & Platt opened its doors 138 years ago. Since then, the company has grown into a multi-national powerhouse that is a major player in the home furnishings sector. Leggett & Platt's stock price continues to stumble in December 2021.

Leggett & Platt: Time To Buy This Dividend King? - Dividend Stock Analysis

Leggett & Platt's (LEG) 2021 results are likely to be hurt by the ongoing industry challenges.

Why Investors Should Get Rid of Leggett (LEG) Stock Now

AbbVie

Cardinal Health

Enbridge

MDU Resources Group

Altria

Novartis

Northwest Natural Gas

Realty Income Corp

Philip Morris

This holiday season, there are many reasons for investors to be joyful and nervous. Very high market valuations could result in years of disappointing returns after a decade of Buffett-like annual returns.

Santa Is Delivering 10 High-Yield Dividend Aristocrat Bargains You Won't Want To Miss

British American Tobacco

Imperial Brands PLC

Red Electrica Corp SA

Sanofi

Swiss Re AG

AT&T

Unilever

Exxon Mobil

Kiplinger "insights for investors" online, first-published 91 "Top Dividend Stocks From Around The World" 7/13/20. Two Kiplinger articles provided this 105 Best Dividend Stocks on Earth compiled 7/1/21. 40 European “Dividend Aristocrats,” showed 10 years of stable or increasing dividends; 65 S&P 500 Aristocrats showed 25 years of increases for U.S. companies.

15 Best Dividends On Earth Priced To Buy In December

FactSet Research Systems

Hanesbrands

Macy's

Telephone and Data Systems

Tootsie Roll Industries

Western Union

NEW YORK, Dec. 3, 2021 /PRNewswire/ -- S&P Dow Jones Indices will make the following index changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 to ensure each index is more representative of its market capitalization range. The changes will be effective prior to the open of trading on Monday, December 20, 2021 to coincide with the quarterly rebalance: S&P MidCap 400 constituents Signature Bank (NASD: SBNY), SolarEdge Technologies Inc. (NASD: SEDG) and FactSet Research Systems Inc. (NYSE: FDS) will move to the S&P 500, replacing S&P 500 constituents Leggett & Platt Inc. (NYSE: LEG), Hanesbrands Inc. (NYSE: HBI) and The Western Union Co. (NYSE: WU), all of which will move to the S&P MidCap 400.

Signature Bank, SolarEdge Technologies and FactSet Research Systems Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

Legget & Platt (LEG) reported earnings 30 days ago. What's next for the stock?

Legget & Platt (LEG) Down 7.2% Since Last Earnings Report: Can It Rebound?

Medtronic

As people kick off Black Friday shopping across the U.S., five dividend aristocrat stocks with high guru ownership that are trading near 52-week lows are Cardinal Health Inc. ( CAH , Financial), AT&T Inc. ( T , Financial), Medtronic PLC ( MDT , Financial), International Business Machines Corp ( IBM , Financial) and Leggett & Platt Inc. ( LEG , Financial), according to the All-in-one Screener, a Premium feature of GuruFocus.

5 Dividend Aristocrat Bargains Near 52-week Lows

Atmos Energy

Chevron

Con Ed

Illinois Tool Works

Kimberly-Clark

Sysco

In my monthly series of 10 Dividend Growth Stocks, I rank a selection of dividend growth stocks in Dividend Radar and present the ten top-ranked stocks for consideration. I use different screens every month, focusing on different aspects of dividend growth investing such as dividend safety, dividend yield, and dividend growth.

10 Dividend Growth Stocks For November 2021

Automatic Data Processing

Assurant

Atlantica Sustainable Infrastructure

Cabot

D.R. Horton

Lancaster Colony

New Jersey Resources

Roper Technologies

Service Corp

SPDR S&P 500 ETF Trust

Xylem

This weekly article series covers dividend changes. A summary table provides relevant data and key statistics of dividend increases.

Dividend Increases: November 6-12, 2021

CARTHAGE, Mo., Nov. 9, 2021 /PRNewswire/ -- Karl Glassman to retire as CEO effective December 31, 2021; will become Executive Chairman Mitch Dolloff will become CEO and President effective January 1, 2022 Diversified manufacturer Leggett & Platt announced that its Board of Directors appointed Mitch Dolloff as Chief Executive Officer and President effective January 1, 2022.

Leggett & Platt Announces Executive Changes

American Electric Power Company

Canadian Imperial Bank of Commerce

Cisco Systems

Diageo

Genuine Parts

GlaxoSmithKline

Huntington Bancshares

Iron Mountain

TotalEnergies SE

ViacomCBS

WestRock

Dividend Income Summary: Bert's October 2021 Report

Amcor Plc

National Retail Properties

Old Republic International

People's United Financial

South Jersey Industries

"S&P High Yield Dividend Aristocrats index is designed to measure the performance of companies within the S&P Composite 1500 that have consistently increased dividends every year for at least 20 years." - spindices.com.

112 S&P High Yield Dividend Aristocrats Deliver More Dog Per Dollar

Leggett & Platt is suffering particularly badly from inflation and supply chain delays. evertheless, the business model is extremely resilient.

Leggett & Platt: I Am Preparing To Buy More Shares

Leggett & Platt's (LEG) third-quarter performance reflects lower EBIT and a higher tax rate.

Leggett's (LEG) Q3 Earnings Lag, Sales Top, EPS View Cut

Leggett & Platt, Inc. (LEG) CEO Karl Glassman on Q3 2021 Results - Earnings Call Transcript

Legget & Platt (LEG) delivered earnings and revenue surprises of -6.58% and 1.53%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Legget & Platt (LEG) Q3 Earnings Miss Estimates

Leggett & Platt (NYSE:LEG) reported its Q3 earnings results on Monday, November 1, 2021 at 04:00 PM. Here's what investors need to know about the announcement.

Recap: Leggett & Platt Q3 Earnings

CARTHAGE, Mo., Nov. 1, 2021 /PRNewswire/ -- 3Q sales were a quarterly record1 $1.32 billion, a 9% increase vs 3Q20 3Q EBIT was $144 million, down $6 million vs 3Q20 and down $12 million vs 3Q20 adjusted2 EBIT 3Q EPS was $.71, a decrease of $.08 vs 3Q20 and a decrease of $.11 vs 3Q20 adjusted2 EPS Narrowing 2021 guidance: sales of $5.0–$5.1 billion; EPS of $2.86–$2.96; adjusted2 EPS of $2.70–$2.80­ Diversified manufacturer Leggett & Platt reported record1 quarterly sales in third quarter of $1.32 billion, a 9% increase versus third quarter last year.

Leggett & Platt Reports Record 3Q Sales

Leggett & Platt (NYSE:LEG) is set to give its latest quarterly earnings report on Monday, 2021-11-01. Here's what investors need to know before the announcement.

Preview: Leggett & Platt's Earnings

Leggett & Platt's (LEG) third-quarter earnings are likely to have been hurt by supply-related issues and intense inflation.

Leggett (LEG) to Post Q3 Earnings: What's in the Offing?

Carthage, MO, Oct. 19, 2021 (GLOBE NEWSWIRE) -- Leggett & Platt (NYSE:LEG), a diversified manufacturer of engineered products serving several major markets, will release third quarter earnings results on Monday, November 1, 2021 after the market closes, and hold its quarterly conference call to discuss third quarter results, annual guidance, market conditions and related matters on Tuesday, November 2, 2021, at 8:30 a.m. Eastern Time (7:30 a.m. Central Time).

Leggett & Platt Announces 3Q 2021 Earnings Call

Having a steady stream of income is key to ensuring a worry-free retirement.

3 Stocks to Buy if You Want $1,000 a Month in Dividends

V.F.

Kiplinger "insights for investors" online first offered a list of 91 "Top Dividend Stocks From Around The World" 7/13/20. Two Kiplinger articles provided this 102 Top Dividend Stocks list 7/1/21. 39 European “Dividend Aristocrats” showed 10 years of stable or increasing dividends; 65 S&P 500 Aristocrats showed 25 years of increases for U.S. companies.

Here's 14 Top Dividends On Earth At Ideal Prices For October

Leggett & Platt's (LEG) strategic long-term growth plan and inorganic drive are set to boost its performance for the rest of 2021.

5 Reasons to Support Leggett's (LEG) Solid Prospects for 2021

News for Leggett & Platt Stock (LEG)