Leggett & Platt reported a decrease in sales for both the fourth quarter and full year 2025, with fourth quarter sales down 11% to $939 million and full year sales down 7% to $4.05 billion. Despite the sales decline, the company achieved an increase in net earnings for the fourth quarter and a significant turnaround from a net loss in the previous year for the full year. Adjusted EPS for the full year remained flat compared to 2024.
Leggett & Platt reported first quarter 2025 sales of $1.0 billion, a 7% decrease from the prior year, but achieved better than anticipated earnings. Adjusted EPS increased by $0.01 to $0.24, and operating cash flow significantly improved to $7 million.
Leggett & Platt's fourth quarter 2024 results showed a 5% decrease in sales to $1.1 billion and a reported EPS of $0.10. Adjusted EPS was $0.21, down $0.05 from the prior year. The company continued to make progress on its restructuring plan, realizing $12 million in EBIT benefit for the quarter.
Leggett & Platt reported Q3 sales of $1.1 billion, a 6% decrease compared to Q3 2023. EPS was $0.33, with adjusted EPS at $0.32, a $0.04 decrease year-over-year. The company is focused on restructuring and improving efficiency, while facing demand headwinds and exploring the sale of its Aerospace business.
Leggett & Platt's second quarter sales decreased by 8% to $1.1 billion. The company reported a net loss primarily due to a significant non-cash goodwill impairment charge. Adjusted EPS was $.29, a decrease compared to the previous year. The company is lowering its full year sales guidance and narrowing its adjusted EPS guidance, reflecting weaker demand and other factors.
Leggett & Platt reported first quarter sales of $1.1 billion, a 10% decrease compared to the first quarter of the previous year. EPS and adjusted EPS were $0.23, a decrease of $0.16 versus the first quarter of the previous year. The company's board declared a second quarter dividend of $0.05 per share and updated capital allocation priorities. The 2024 sales and EPS guidance remained unchanged.
Leggett & Platt reported Q4 2023 sales of $1.1 billion, a 7% decrease compared to Q4 2022. The company experienced a net loss of $297.4 million, or ($2.18) per share, while adjusted EPS was $.26. Weakness in residential end markets, particularly in the Bedding Products and Furniture, Flooring & Textile Products segments, contributed to the decline. However, the Specialized Products segment benefited from sustained demand strength.
Leggett & Platt reported Q3 sales of $1.18 billion, a 9% decrease compared to Q3 2022. EPS was $.39, down from $.52 in the same period last year, while adjusted EPS was $.36, a decrease of $.16. The company lowered its full-year guidance due to continued volatility and weak demand.
Leggett & Platt reported a decrease in sales and earnings for the second quarter of 2023. Weak demand and customer destocking impacted performance. The company is focused on cost reduction and operational efficiency to mitigate these challenges.
Leggett & Platt reported first quarter sales of $1.21 billion, an 8% decrease compared to Q1 2022. EPS was $.39, a decrease of $.27 compared to Q1 2022. The company's EBIT was $89 million, down $48 million from the previous year. Despite the decreases, the results were above expectations due to several expenses being lower than anticipated.
Leggett & Platt reported a decrease in fourth-quarter sales by 10% to $1.2 billion and a decrease in EPS to $0.39. The company's diverse portfolio and strong cash discipline helped deliver solid results despite weak demand in residential end markets. They anticipate 2023 to be a challenging year due to continued economic uncertainty.
Leggett & Platt's third-quarter sales decreased by 2% to $1.29 billion compared to the previous year. EPS was reported at $0.52, a decrease of $0.19 compared to Q3 2021. The company's performance was negatively impacted by the global economic environment and slowing demand in several markets.
Leggett & Platt reported record second-quarter sales of $1.33 billion, a 5% increase year-over-year. EPS was reported at $0.70. The company lowered its full-year guidance due to macroeconomic uncertainties.