---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-266233"
form_type: "8-K"
ticker: "LEG"
cik: "0000058492"
company_name: "LEGGETT & PLATT INC"
filed_at: "2023-10-30T23:59:59+00:00"
generated_at: "2026-06-09T06:18:31.616471+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Leggett & Platt Q3 sales fall 9%, EPS down; lowers 2023 guidance on weak residential demand

## Summary
- Q3 sales $1.18B (-9% YoY); EPS $0.39 vs $0.52; adjusted EPS $0.36 vs $0.52.
- 2023 guidance lowered: sales $4.7-4.75B (prior $4.75-4.95B), EPS $1.45-1.55 (prior $1.50-1.70), adjusted EPS $1.35-1.45.
- Bedding Products sales -17%; Specialized Products +10%; Furniture, Flooring & Textile -11%.
- Operating cash flow $144M (+$78M YoY); Net Debt/Adjusted EBITDA 3.15x.
- UAW strike minimal impact so far: $5M sales in Q4; guidance excludes further strike effects due to uncertainty.

## SEC filing metadata
- accession: 0001193125-23-266233
- form_type: 8-K
- ticker: LEG
- cik: 0000058492
- company_name: LEGGETT & PLATT INC
- filed_at: 2023-10-30T23:59:59+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/58492/000119312523266233/0001193125-23-266233-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/58492/000119312523266233/d578661d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-266233
- JSON: https://secwatch.observer/filing/0001193125-23-266233.json
- Plain text: https://secwatch.observer/filing/0001193125-23-266233.txt

## Key facts
- Earnings Releases
  LEGGETT & PLATT INC reported third quarter of 2023 results: revenue $1.18 billion, EPS $.39. Guidance lowered.
  - Period: third quarter of 2023
  - Revenue: $1.18 billion
  - EPS: $.39
  - Guidance: lowered
  - Result: reported results
  source text: 3Q sales of $1.18 billion, a 9% decrease vs 3Q22 • 3Q EPS of $.39, a decrease of $.13 vs 3Q22; 3Q adjusted 1 EPS of $.36
  evidence_url: https://www.sec.gov/Archives/edgar/data/58492/000119312523266233/0001193125-23-266233-index.htm

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