---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-130580"
form_type: "8-K"
ticker: "LEG"
cik: "0000058492"
company_name: "LEGGETT & PLATT INC"
filed_at: "2023-05-01T23:59:59+00:00"
generated_at: "2026-06-16T05:36:00.675771+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Leggett & Platt Q1 sales $1.21B (-8% YoY), EPS $0.39; guidance unchanged

## Summary
- Q1 EPS $0.39 (down $0.27 vs Q1 2022); EBIT $89M (down $48M); EBIT margin 7.4%.
- Bedding Products sales -17% YoY; Specialized Products +21%; Furniture/Flooring/Textile -13%.
- FY2023 guidance reaffirmed: sales $4.8-5.2B, EPS $1.50-1.90, EBIT margin 7.5-8.0%.
- Dividend raised to $0.44/share (annual $1.76, yield 5.4%); operating cash flow $97M.
- Net debt / adj. EBITDA 2.88x; total liquidity $870M ($345M cash, $525M revolver capacity).

## SEC filing metadata
- accession: 0001193125-23-130580
- form_type: 8-K
- ticker: LEG
- cik: 0000058492
- company_name: LEGGETT & PLATT INC
- filed_at: 2023-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/58492/000119312523130580/0001193125-23-130580-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/58492/000119312523130580/d495031d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-130580
- JSON: https://secwatch.observer/filing/0001193125-23-130580.json
- Plain text: https://secwatch.observer/filing/0001193125-23-130580.txt

## Key facts
- Earnings Releases
  LEGGETT & PLATT INC reported first quarter of 2023 results: revenue $1.21 billion, EPS $.39. Guidance reaffirmed.
  - Period: first quarter of 2023
  - Revenue: $1.21 billion
  - EPS: $.39
  - Guidance: reaffirmed
  - Result: reported results
  source text: LEGGETT & PLATT REPORTS 1Q RESULTS Carthage, MO, May 1, 2023 — • 1Q sales of $1.21 billion, an 8% decrease vs 1Q22 • 1Q EBIT of $89 million, down $48 million vs 1Q22 • 1Q EPS of $.39, a decrease of $.27 vs 1Q22 • 2023 guidance unchanged: sales of $4.8–$5.2 billion; EPS of $1.50–$1.90
  evidence_url: https://www.sec.gov/Archives/edgar/data/58492/000119312523130580/0001193125-23-130580-index.htm

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