---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-028450"
form_type: "8-K"
ticker: "LEG"
cik: "0000058492"
company_name: "LEGGETT & PLATT INC"
filed_at: "2024-02-08T23:59:59+00:00"
generated_at: "2026-06-06T06:01:18.103726+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Leggett & Platt reports Q4 loss of $2.18 EPS, $444M impairment; guides 2024 adj EPS $1.05-1.35

## Summary
- Q4 sales $1.1B (-7% YoY), GAAP EPS loss of $2.18 vs $0.39 prior; adjusted EPS $0.26, down $0.13.
- Full year 2023 EPS loss of $1.00 vs $2.27 prior; adjusted EPS $1.39, down $0.88; operating cash flow $497M.
- Recorded $444M non-cash impairment in Bedding Products segment tied to prior-year acquisitions.
- Restructuring plan targets $40-50M annual EBIT benefit by late 2025; $20-25M costs in H1 2024.
- 2024 guidance: sales $4.35-4.65B, adjusted EPS $1.05-1.35, reflecting prolonged residential softness.

## SEC filing metadata
- accession: 0001193125-24-028450
- form_type: 8-K
- ticker: LEG
- cik: 0000058492
- company_name: LEGGETT & PLATT INC
- filed_at: 2024-02-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/58492/000119312524028450/0001193125-24-028450-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/58492/000119312524028450/d644172d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-028450
- JSON: https://secwatch.observer/filing/0001193125-24-028450.json
- Plain text: https://secwatch.observer/filing/0001193125-24-028450.txt

## Key facts
- Earnings Releases
  LEGGETT & PLATT INC reported financial results for fourth quarter and year ending December 31, 2023.
  - Period: fourth quarter and year ending December 31, 2023
  - Result: reported results
  source text: On February 8, 2024, Leggett & Platt, Incorporated issued a press release announcing its financial results for the fourth quarter and year ending December 31, 2023 and related matters.
  evidence_url: https://www.sec.gov/Archives/edgar/data/58492/000119312524028450/0001193125-24-028450-index.htm

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