Leggett & Platt Inc Stock Price, News & Analysis

Leggett & Platt (NYSE:LEG), a 142-year-old diversified manufacturer, has scheduled its Q3 2025 earnings release for October 27, 2025, after market close. The company will host its quarterly conference call on October 28, 2025, at 8:30 a.m. ET to discuss results and provide annual guidance.

The webcast will be accessible through LEG's Investor Relations website, with earnings release and financial summary slides posted shortly after market close on October 27. The audio replay and transcript will remain available for 12 months post-call.

Leggett & Platt specializes in engineered components for bedding, automotive comfort systems, furniture, geo components, flooring underlayment, and hydraulic cylinders.

Leggett & Platt (NYSE:LEG) has completed the sale of its Aerospace Products Group to Tinicum Incorporated's affiliated funds for expected after-tax proceeds of $250 million. The divested business, which generated $190 million in net trade sales in 2024, includes seven manufacturing facilities across the U.S., UK, and France with approximately 700 employees.

Following the divestiture, LEG has revised its full year 2025 guidance, with sales now projected at $3.9-$4.2 billion (down from $4.0-$4.3 billion), and adjusted EPS guidance lowered to $0.95-$1.15 (from $1.00-$1.20). The transaction is expected to contribute a $0.60 per share gain to the company's 2025 EPS.

Leggett & Platt (NYSE:LEG) has announced its quarterly dividend payment for Q3 2025. The company will pay a dividend of $0.05 per share to shareholders of record on September 15, 2025, with the payment scheduled for October 15, 2025.

The 142-year-old company is a diversified manufacturer specializing in engineered components for bedding, automotive, furniture, and aerospace industries. LEG produces various products including bedding components, automotive seat systems, furniture components, and aerospace tubing.

Leggett & Platt (NYSE:LEG) reported Q2 2025 results with sales of $1.1 billion, down 6% year-over-year. The company posted Q2 EPS of $0.38 and adjusted EPS of $0.30, a $0.01 increase versus Q2 2024. Notable achievements include debt reduction of $143 million during the quarter, improving net debt to adjusted EBITDA ratio to 3.5x.

The company maintained its 2025 guidance with sales expected at $4.0-$4.3 billion and adjusted EPS of $1.00-$1.20. Volume declines were observed across segments, particularly in residential markets, Automotive, and Hydraulic Cylinders. The restructuring plan is progressing with an expected annualized EBIT benefit of $60-$70 million after full implementation.

LEG successfully amended its credit facility, extending maturity to July 2030 and reducing the facility size from $1.2 billion to $1.0 billion. The company remains on track to complete its Aerospace business sale in 2025.

Leggett & Platt (NYSE:LEG), a diversified manufacturer with a 142-year history, has scheduled its Q2 2025 earnings release for July 31, 2025 after market close. The company will host its quarterly conference call on August 1, 2025, at 8:30 a.m. ET to discuss earnings results, annual guidance, and business initiatives.

The call will be accessible via webcast from LEG's investor relations website, with dial-in available at 201-689-8341. The earnings release and financial summary slides will be posted online shortly after market close on July 31, with audio replay and transcript remaining available for 12 months.

Leggett & Platt (NYSE: LEG) has announced a quarterly dividend of $0.05 per share for Q2 2025, payable on July 15, 2025, to shareholders of record on June 13, 2025. At the annual shareholders' meeting, all eight Board nominees were elected, and shareholders approved PricewaterhouseCoopers as the independent auditor for 2025, executive compensation, and amendments to the Flexible Stock Plan. Two directors, Manuel Fernandez and Mark Blinn, retired from the Board effective before the meeting, reducing the Board size from ten to eight members. The 142-year-old company is a diversified manufacturer specializing in bedding components, automotive seat systems, furniture components, and various engineered products.

Leggett & Platt reported Q1 2025 financial results with sales of $1.0 billion, showing a 7% decrease from Q1 2024. The company maintained its 2025 guidance with expected sales of $4.0-$4.3 billion and adjusted EPS of $1.00-$1.20.

Key highlights:

• Q1 EPS: $0.22, with adjusted EPS of $0.24
• Operating cash flow improved by $13 million to $7 million
• EBIT remained flat at $63 million, while adjusted EBIT increased to $67 million
• Net Debt at 3.77x trailing 12-month adjusted EBITDA

The company's restructuring plan continues to progress, with expected annual EBIT benefits of $60-$70 million after full implementation. Notable developments include the divestiture of a small U.S. machinery business and a pending sale of their Aerospace division. Despite challenges in the domestic bedding industry, management remains confident in executing strategic priorities focused on strengthening the balance sheet and improving operational efficiency.

Leggett & Platt (NYSE:LEG) has scheduled its first quarter 2025 earnings release for Monday, April 28, 2025, after market close. The company will host a quarterly conference call to discuss the results on Tuesday, April 29, 2025, at 8:30 a.m. Eastern Time.

The conference call will be accessible via webcast from the company's Investor Relations website, with dial-in available at 201-689-8341. Earnings release and summary financial information slides will be posted to their website shortly after market close on April 28. The webcast audio replay and transcript will remain available for 12 months.

LEG is a 142-year-old diversified manufacturer specializing in engineered components found in homes and automobiles, including bedding components, automotive seat systems, furniture components, flooring underlayment, hydraulic cylinders, and aerospace tubing.

Leggett & Platt (NYSE: LEG) has announced the signing of an agreement to sell its Aerospace Products Group to Tinicum Incorporated's affiliated funds for $285 million, with expected after-tax proceeds of $240 million. The transaction is anticipated to close in 2025, subject to regulatory approvals.

The Aerospace Products Group, which generated $190 million in net trade sales in 2024, specializes in complex tube and duct assemblies for commercial and military aircraft platforms and space launch vehicles. The business operates seven manufacturing facilities across the U.S., UK, and France, employing approximately 700 people.

This divestiture is part of the company's ongoing strategic business review to optimize its portfolio. The company will issue updated 2025 guidance excluding the Aerospace Products Group after the transaction closes.