Leggett & Platt(LEG) - 2024 Q2 - Quarterly Results

Exhibit 99.1 FOR IMMEDIATE RELEASE: AUGUST 1, 2024 Carthage, MO, August 1, 2024 —- • 2Q sales of $1.1 billion, an 8% decrease vs 2Q23 • 2Q EPS of ($4.39), primarily due to a non-cash goodwill impairment charge • 2Q adjusted1 EPS of $.29, a $.09 decrease vs adjusted1 2Q23 EPS • 2024 EPS guidance is ($3.43)–($3.58), including impact of non-cash goodwill impairment charge, restructuring charges, real estate gains, and certain other costs • 2024 adjusted1 EPS narrowed to $1.10–$1.25; sales guidance lowered to $ ...