---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-191568"
form_type: "8-K"
ticker: "LEG"
cik: "0000058492"
company_name: "LEGGETT & PLATT INC"
filed_at: "2024-08-01T23:59:59+00:00"
generated_at: "2026-05-31T14:05:39.760854+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Leggett & Platt Q2 loss of $4.39/share on $675M goodwill impairment; lowers FY2024 guidance, cuts dividend to $0.05

## Summary
- Q2 sales $1.1B (-8% YoY); GAAP EPS loss $4.39 includes $675M non-cash goodwill impairment.
- Adjusted EPS $0.29 vs $0.38 YoY; adjusted EBIT $71M, margin 6.3% vs 7.5%.
- FY2024 sales guidance lowered to $4.3–$4.5B; adjusted EPS narrowed to $1.10–$1.25 (prior $1.05–$1.35).
- Quarterly dividend slashed to $0.05/share from $0.46; debt reduced by $73M in Q2.
- Restructuring on track: $3M EBIT benefit in Q2; FY2024 benefit expected $10–$15M; real estate sales expected $15–$25M in 2024.

## SEC filing metadata
- accession: 0001193125-24-191568
- form_type: 8-K
- ticker: LEG
- cik: 0000058492
- company_name: LEGGETT & PLATT INC
- filed_at: 2024-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/58492/000119312524191568/0001193125-24-191568-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/58492/000119312524191568/d751038d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-191568
- JSON: https://secwatch.observer/filing/0001193125-24-191568.json
- Plain text: https://secwatch.observer/filing/0001193125-24-191568.txt

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