earnings
confidence high
sentiment positive
materiality 0.70
Leggett & Platt Q2 adj. EPS $.30, up $.01 YoY; sales down 6% to $1.1B; FY guidance maintained
LEGGETT & PLATT INC
2025-Q2 EPS reported
$0.60
revenue$2,080,100,000
- Q2 adjusted EPS $.30, up $.01 YoY; GAAP EPS $.38 vs. loss of $4.39 in 2Q24.
- Sales of $1.1B, down 6% YoY; organic sales -6% on 7% volume decline across residential and auto.
- Reduced debt $143M in Q2; net debt/adj. EBITDA 3.5x; amended credit facility to $1.0B, maturity July 2030.
- FY 2025 guidance reaffirmed: sales $4.0-4.3B, adj. EPS $1.00-$1.20; restructuring on track with $60-70M annualized EBIT benefit.
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