---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-260103"
form_type: "8-K"
ticker: "LEG"
cik: "0000058492"
company_name: "LEGGETT & PLATT INC"
filed_at: "2022-10-11T23:59:59+00:00"
generated_at: "2026-06-23T04:34:11.900830+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Leggett & Platt lowers FY2022 guidance; cuts EPS view to $2.30-2.45, sales to $5.1-5.2B

## Summary
- Sales guidance lowered to $5.1-5.2B from $5.2-5.4B; EPS down to $2.30-2.45 from $2.65-2.80.
- EBIT margin now 9.5%-10.0% (prior 10.5%-10.7%); cash from ops $400-450M (prior $550-600M).
- Guidance cut driven by lower volume, reduced production, slower Auto cost recovery, Specialty Foam inefficiencies.
- Acquired hydraulic cylinders business (~$65M 2021 sales) and two textiles businesses each <$10M.
- CEO cites challenging global economy and consumer backdrop; actions to align costs and production.

## SEC filing metadata
- accession: 0001193125-22-260103
- form_type: 8-K
- ticker: LEG
- cik: 0000058492
- company_name: LEGGETT & PLATT INC
- filed_at: 2022-10-11T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/58492/000119312522260103/0001193125-22-260103-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/58492/000119312522260103/d325243d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-260103
- JSON: https://secwatch.observer/filing/0001193125-22-260103.json
- Plain text: https://secwatch.observer/filing/0001193125-22-260103.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
