Leggett & platt reports 3q results

Carthage, mo. , oct. 28, 2024 /prnewswire/ -- 3q sales of $1.1 billion, a 6% decrease vs 3q23 3q eps of $.33; 3q adjusted1 eps of $.32, a $.04 decrease vs adjusted1 3q23 eps 2024 eps guidance is ($3.56)–($3.71), including impact of non-cash goodwill impairment charge, restructuring charges, real estate gains, and certain other costs 2024 guidance lowered: adjusted1 eps of $1.00–$1.10, sales of $4.3–$4.4 billion president and ceo karl glassman commented, "we continued to make solid progress on our restructuring and operating efficiency improvement initiatives, although demand headwinds were more challenging than anticipated in the third quarter.
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