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Leggett & Platt (LEG) Stock News

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Welcome to our dedicated page for Leggett & Platt news (Ticker: LEG), a resource for investors and traders seeking the latest updates and insights on Leggett & Platt stock.

Leggett & Platt, Inc. reports developments as a diversified manufacturer of engineered components and products used in homes, automobiles, furniture, flooring, textiles, material handling and heavy construction applications. Its business includes Bedding Products, Specialized Products, and Furniture, Flooring and Textile Products, with product categories such as bedding components and solutions, private label finished goods, automotive seat comfort and convenience systems, home and work furniture components, geo components, flooring underlayment and hydraulic cylinders.

Company news commonly covers quarterly and annual operating results, guidance, market conditions, dividends, balance-sheet priorities, restructuring and operational efficiency initiatives, governance matters, and material agreements or capital-structure disclosures.

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Leggett Dynamics (NYSE:LEG) launched its Mid-Class Massage System (MCM), a non-electronic automotive seat massage technology aimed at making premium comfort available beyond the luxury segment. The compact 30 x 35 mm module uses the Coandă effect, lowers complexity and cost, and is already in production with a global OEM.

MCM’s stand-alone “island” design enables plug-and-play integration without electronic revalidation and has been shortlisted for the 2026 Automotive Tech Partnership Award, highlighting recognition for innovation and OEM collaboration.

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Leggett Dynamics (NYSE:LEG) launched its Smart Brushless Motor, a next-generation motion system for vehicle seating and other motion-control applications. The motor supports centralized and zonal architectures, can work with or without seat-level ECUs, and enables direct communication from vehicle ECUs to actuators.

It reduces packaging size, weight, wiring complexity, and improves sound, durability, and EMC performance. Benefits include quieter operation, smoother seat adjustment, faster memory recall, and wider motion range. The motor targets software-defined vehicles and growing demand for quiet, scalable systems, especially in EVs.

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Leggett & Platt Automotive (NYSE:LEG) launched a new brand identity, Leggett Dynamics, with the tagline “eMotion & Comfort for everyone, everywhere, every day.” The shift focuses on innovation and growth in comfort, motion and software-integrated systems for automotive and adjacent markets.

The business is now organized into four areas: Comfort Systems, Motion Systems, Software & Integration and Innovation Services. Leggett Dynamics will debut the brand and showcase new solutions at the Automotive Engineering Expo in Nagoya (June 17–19, 2026) and Automotive Interiors Expo Europe in Stuttgart (June 23–25, 2026).

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Leggett & Platt (NYSE: LEG) declared a $0.05 per share cash dividend for second quarter 2026, payable July 15, 2026, to shareholders of record on June 15, 2026.

At the annual meeting, shareholders elected eight directors and approved auditor ratification, executive pay, and an amended Flexible Stock Plan.

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Leggett & Platt (NYSE: LEG) reported 1Q26 sales of $918 million, a 10% decline versus 1Q25 (5% from divestitures; organic sales down 5%). 1Q GAAP EPS was $0.14 and adjusted EPS was $0.15. First-quarter EBIT was $45 million versus $63 million a year ago. Net debt was 2.8x trailing adjusted EBITDA. The company withdrew 2026 guidance due to a pending acquisition by Somnigroup, expected to close by year-end 2026, and will not host a conference call.

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Leggett & Platt (NYSE: LEG) will release first quarter 2026 earnings on Thursday, May 7, 2026 before market open. The company said it will not host a conference call and that the earnings release will be posted on its Investor Relations website.

Leggett & Platt is a 143-year-old diversified manufacturer of engineered components for bedding, automotive seating, furniture, geo components, flooring underlayment, and hydraulic cylinders.

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Somnigroup (NYSE:SGI) will acquire Leggett & Platt (NYSE:LEG) in an all-stock deal valued at about $2.5 billion based on SGI's April 10, 2026 close. Leggett shareholders will receive 0.1455 SGI shares per LEG share and will own ~9% of the combined company on a fully diluted basis.

The transaction is expected to close by year-end 2026, creates a combined 2025 pro forma company with $11.2 billion net sales, ~$1.7 billion adjusted EBITDA, and $1.1 billion operating cash flow, and targets $50 million annual run-rate synergies.

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Leggett & Platt (NYSE: LEG) announced a quarterly cash dividend of $0.05 per share for Q1 2026. The Board set a record date of March 13, 2026 and a payment date of April 15, 2026 to shareholders of record.

Leggett & Platt is a 143-year-old diversified manufacturer of engineered components for bedding, automotive seating, furniture, geo components, flooring underlayment, and hydraulic cylinders.

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Leggett & Platt (NYSE:LEG) reported 4Q25 sales of $939 million (down 11% YoY) and full-year 2025 sales of $4.05 billion (down 7% YoY). 4Q25 EPS was $0.18, adjusted EPS $0.22; 2025 EPS was $1.69, adjusted EPS $1.05. Operating cash flow was $338 million, up $33 million. Net debt leverage improved to 2.4x. 2026 guidance: sales $3.8–$4.0 billion, EPS $0.92–$1.38, adjusted EPS $1.00–$1.20; opex, restructuring, and real estate gains factored into outlook.

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Leggett & Platt (NYSE: LEG) will release fourth quarter and full year 2025 results on February 11, 2026 after the market closes and host a conference call on February 12, 2026 at 8:30 a.m. ET.

The call will be webcast via the Investor Relations site, slides and the earnings release will post February 11, and audio replay and transcript will be available on the website for 12 months. Investor contacts are listed for follow-up.

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FAQ

What is the current stock price of Leggett & Platt (LEG)?

The current stock price of Leggett & Platt (LEG) is $11.03 as of July 18, 2026.

What is the market cap of Leggett & Platt (LEG)?

The market cap of Leggett & Platt (LEG) is approximately 1.5B.