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. (NYSE: LEG) is a diversified manufacturer of engineered components and products, and its news flow reflects developments across bedding, furniture, flooring, textiles, automotive seating, hydraulic cylinders, financing, and corporate governance. The company’s own press releases emphasize that its products can be found in many homes and automobiles, and that it supplies bedding components and private label finished goods, automotive seat comfort and convenience systems, home and work furniture components, geo components, flooring underlayment, and hydraulic cylinders for material handling and heavy construction applications.
On this news page, readers can follow Leggett & Platt announcements about quarterly earnings, segment performance, restructuring progress, and strategic portfolio actions. Recent releases furnished on Form 8-K have covered second and third quarter results, including discussions of trade sales, EBIT, adjusted EBIT, EPS, adjusted EPS, operating cash flow, and the use of non-GAAP measures such as Adjusted EBITDA and change in Organic Sales. The company also reports on its restructuring plan, including expected EBIT benefits, sales attrition, and real estate transactions.
Leggett & Platt’s news also includes corporate actions such as the completion of the sale of its Aerospace Products Group, revisions to full-year guidance following that divestiture, quarterly dividend declarations, and outcomes of its annual meeting of shareholders. In addition, the company has disclosed that it received an unsolicited, non-binding all-stock acquisition proposal from Somnigroup International Inc., and has described the Board’s process for reviewing that proposal.
Investors and observers can use this page to review Leggett & Platt’s official communications on financial performance, portfolio changes, capital structure, dividends, and potential strategic transactions, as released through news wires and referenced in SEC filings.
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Leggett & Platt (NYSE:LEG) will announce its first quarter earnings results on May 1, 2023, post-market. The company will host a quarterly conference call on May 2, 2023, at 8:30 a.m. ET, to discuss quarterly performance and annual guidance. The call will be accessible via their Investor Relations website. Leggett & Platt, a diversified manufacturer, operates 15 business units with around 20,000 employees globally, producing essential components for bedding, automotive, and furniture industries. The firm is recognized as a leading U.S. manufacturer in various segments including bedding components and automotive seat support systems.
Leggett & Platt (NYSE: LEG) will present at the Raymond James 44th Annual Institutional Investors Conference on March 7, 2023, at 1:40 p.m. Eastern in Orlando, Florida. CEO Mitch Dolloff will address the investment community. Interested parties can access the webcast via the Investor Relations section of Leggett's website, with a recommendation to log on at least five minutes early. Leggett is a diversified manufacturer specializing in engineered components for homes and automobiles, with approximately 20,000 employees across 135 manufacturing facilities in 18 countries.