Leggett & Platt reports record Q1 sales $1.32B, EPS $0.66; raises dividend to $0.42

LEGGETT & PLATT INC

2022-Q1 EPS reported $0.66 revenue$1,339,500,000

Record Q1 sales $1.32B (+15% YoY); record EPS $0.66, up $0.02 from Q1 2021.
EBIT $138M (+$10M YoY); EBIT margin 10.4% vs 11.1% in Q1 2021.
FY 2022 guidance unchanged: sales $5.3–$5.6B, EPS $2.70–$3.00.
Quarterly dividend raised to $0.42/share (annual $1.68), yield 4.7% based on $35.63 close.
Bedding Products volume down 9%; Specialized Products volume +3%; Furniture segment sales +17%.

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