UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-07845 LEGGETT & PLATT, INCORPORATED (Exact name of registrant as specified in its charter) Missouri 44-0324630 (State or other ...

CARTHAGE, Mo., May 8, 2024 /PRNewswire/ -- Leggett & Platt's annual meeting of shareholders was held this morning in Carthage, Missouri.  Shareholders elected as directors the 11 nominees proposed by the Board; ratified the selection of PricewaterhouseCoopers as the Company's independent registered public accountant for 2024; endorsed the compensation of the Company's named executive officers; and approved the amendment and restatement of the Company's Flexible Stock Plan.  No other proposals were voted upo ...

Leggett & Platt, Incorporated (LEG) reported tepid first-quarter 2024 results, wherein earnings and net sales missed the Zacks Consensus Estimate. The metrics declined on a year-over-year basis due to persistent weak demand in most of the markets served and lower price realization.Following the results, the stock plunged 13.1% in the after-hour trading session on Apr 30.Leggett significantly reduced its second-quarter dividend to 5 cents from the prior-year figure of 46 cents. The company noted that the mov ...

Leggett & Platt, Incorporated (NYSE:LEG) Q1 2024 Earnings Call Transcript May 1, 2024 8:30 AM ET Company Participants Cassie Branscum - VP, IR Mitchell Dolloff - President & CEO Benjamin Burns - EVP & CFO Tyson Hagale - EVP & President, Bedding Products Conference Call Participants Susan Maklari - Goldman Sachs Bobby Griffin - Raymond James Peter Keith - Piper Sandler Keith Hughes - Truist Securities Operator Greetings and welcome to the Leggett & Platt First Quarter 2024 Webcast and Earnings Conference Cal ...

| --- | --- | |----------|-------------------------------------------------------------------------------------------------------------------------------| | | Financial Summary | | | | | Overview | | | o | Q1 sales of $1.1 billion, a 10% decrease vs. Q1-23 | | | Volume was down 6% Raw material-related price decreases reduced sales 4% EBIT of $64 million, down $25 million vs. Q1-23 EBIT | | o | | | o | EBIT margin 5.8%, down 160 bps vs. Q1-23 EBIT margin of 7.4% | | o | EPS of $.23, down $.16 vs. Q1-23 EPS o ...

Legget & Platt (LEG) reported $1.1 billion in revenue for the quarter ended March 2024, representing a year-over-year decline of 9.6%. EPS of $0.23 for the same period compares to $0.39 a year ago.The reported revenue represents a surprise of -1.53% over the Zacks Consensus Estimate of $1.11 billion. With the consensus EPS estimate being $0.25, the EPS surprise was -8.00%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine th ...

Legget & Platt (LEG) came out with quarterly earnings of $0.23 per share, missing the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.39 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -8%. A quarter ago, it was expected that this engineered component manufacturer would post earnings of $0.26 per share when it actually produced earnings of $0.26, delivering no surprise.Over the last four quarters, ...

Exhibit 99.1 FOR IMMEDIATE RELEASE: APRIL 30, 2024 LEGGETT & PLATT REPORTS 1Q RESULTS, ANNOUNCES 2Q DIVIDEND OF $.05 AND UPDATES CAPITAL ALLOCATION PRIORITIES Carthage, MO, April 30, 2024 --- President and CEO Mitch Dolloff commented, "First quarter results were in line with our expectations and our full year sales and EPS guidance range remain unchanged. We are making steady progress on the restructuring plan announced in January to optimize our manufacturing and distribution footprint and remain on track ...

CARTHAGE, Mo., April 30, 2024 /PRNewswire/ --  1Q sales of $1.1 billion, a 10% decrease vs 1Q23 1Q EPS and adjusted1 EPS of $.23, a decrease of $.16 vs 1Q23 Board declared second quarter dividend of $.05 per share Company updated capital allocation priorities 2024 sales and EPS guidance unchanged: sales of $4.35–$4.65 billion; EPS of $.95–$1.25 and adjusted1 EPS of $1.05–$1.35 President and CEO Mitch Dolloff commented, "First quarter results were in line with our expectations and our full year sales and E ...

Analysts on Wall Street project that Legget & Platt (LEG) will announce quarterly earnings of $0.25 per share in its forthcoming report, representing a decline of 35.9% year over year. Revenues are projected to reach $1.11 billion, declining 8.2% from the same quarter last year.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Before a company announces its ...