secwatch.observer — SEC 8-K summary
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Issuer:     LEGGETT & PLATT INC (LEG)
CIK:        0000058492
Form:       8-K
Filed at:   2022-10-31T23:59:59+00:00
Accession:  0001193125-22-274011
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Leggett & Platt Q3 EPS $0.52, down $0.19 YoY; sales $1.29B, down 2%
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- Q3 sales $1.29B (down 2% YoY); EBIT $113M (down $31M); EPS $0.52 (down $0.19).
- Bedding Products sales down 12%, volume down 20%; Specialized Products up 24% on automotive/aerospace growth.
- Full-year 2022 guidance reaffirmed: sales $5.1-5.2B, EPS $2.30-2.45; EBIT margin 9.5-10.0%.
- Dividend raised $0.02 to $0.44/share (annual $1.76); yield 5.3% at Friday close.
- Operating cash flow $65M in Q3, up $15M YoY; net debt/adj. EBITDA 2.63x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/58492/000119312522274011/0001193125-22-274011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/58492/000119312522274011/d410943d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-274011

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer