Leggett & Platt Inc Stock Price, News & Analysis

Somnigroup (NYSE:SGI) submitted a proposal on Dec 1, 2025 to acquire all outstanding shares of Leggett & Platt (NYSE:LEG) in an all-stock merger, offering $12.00 of Somnigroup stock per LEG share based on a fixed exchange ratio.

The Proposal represents a 30.3% premium to LEG's 30-day average closing price and ~17.0% premium to LEG's Nov 28, 2025 close. Somnigroup says the deal would be tax-deferred for LEG shareholders, not subject to financing contingencies, and was unanimously authorized by its board. The letter requests a response by Dec 22, 2025 and names Goldman Sachs (financial) and Cleary Gottlieb (legal) as advisors. Completion is contingent on definitive agreements, customary closing conditions, regulatory approvals and LEG shareholder approval.

Leggett & Platt (NYSE: LEG) announced a quarterly dividend of $0.05 per share for Q4 2025. The Board declared the dividend on Nov 6, 2025, with a record date of December 15, 2025 and a payment date of January 15, 2026.

Shareholders of record on the record date will receive the cash payment on the payment date. For additional investor details, the company provided investor contacts and directed readers to its website.

Leggett & Platt (NYSE: LEG) reported 3Q 2025 results on October 27, 2025 with third-quarter sales of $1.0 billion (down 6% vs 3Q24) and reported EPS $0.91; adjusted EPS $0.29 (down $0.03 vs adjusted 3Q24). EBIT was $171 million and adjusted EBIT was $73 million. Operating cash flow was $126 million, up $30 million year-over-year, and the company reduced debt by $296 million using Aerospace proceeds and cash flow. Leggett completed the sale of its Aerospace business realizing an $87 million gain. The company reaffirmed the midpoint of 2025 sales and adjusted EPS guidance and narrowed ranges: sales $4.0–$4.1B, adjusted EPS $1.00–$1.10.

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.