earnings
confidence high
sentiment neutral
materiality 0.75
Leggett & Platt 3Q sales down 6% to $1.0B; adj EPS $0.29 vs $0.32; reaffirms guidance midpoint
LEGGETT & PLATT INC
2025-Q3 EPS reported
$1.51
revenue$3,116,500,000
- 3Q sales $1.0B (-6% YoY); adj EPS $0.29 (down $0.03); EBIT $171M including $87M Aerospace gain.
- Operating cash flow $126M (+$30M YoY); reduced debt $296M from Aerospace proceeds and cash flow.
- 2025 guidance narrowed: sales $4.0-4.1B (prev $3.9-4.2B); adj EPS $1.00-1.10 (prev $0.95-1.15).
- Bedding sales -10% on volume decline; Specialized -7% incl Aerospace divest; Furniture flat.
- Restructuring plan on track: $60-70M annual EBIT benefit; $43M real estate cash realized; $75M total costs expected.