secwatch.observer — SEC 8-K summary
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Issuer:     LEGGETT & PLATT INC (LEG)
CIK:        0000058492
Form:       8-K
Filed at:   2025-02-13T23:59:59+00:00
Accession:  0001193125-25-026108
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

L&P reports Q4 EPS $0.10, FY24 adj EPS $1.05; guides 2025 adj EPS $1.00-$1.20; names Sam Smith as segment president
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- Q4 sales $1.1B (−5% YoY); EPS $0.10, adj. EPS $0.21 (down $0.05 from Q4 2023 adj. EPS $0.26).
- Full year 2024 sales $4.4B (−7% YoY); EPS ($3.73), adj. EPS $1.05 (down $0.34 from 2023 adj. EPS $1.39).
- 2025 guidance: sales $4.0–$4.3B, adj. EPS $1.00–$1.20 (midpoint $1.10). Expects EBIT margin 6.4%–6.8%.
- Appointed R. Samuel Smith as President of Specialized Products segment, while he continues as EVP/President of Furniture, Flooring & Textile Products.
- Restructuring EBIT benefit raised to $60–$70M (realized $22M in 2024); debt reduced $126M; quarterly dividend cut to $0.05.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/58492/000119312525026108/0001193125-25-026108-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/58492/000119312525026108/d202656d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-026108

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