Leggett & platt reports fourth quarter and full year results

Carthage, mo. , feb. 6, 2023 /prnewswire/ --  4q sales were $1.2 billion, a 10% decrease vs 4q21 4q eps was $.39, a decrease of $.38 vs 4q21 2022 sales were a record1 $5.15 billion, a 1% increase vs 2021 2022 eps was $2.27, a decrease of $.67 vs 2021 eps and a decrease of $.51 vs 2021 adjusted2 eps 2022 cash flow from operations was $441 million, a 63% increase vs 2021 2023 guidance: sales of $4.8–$5.2 billion and eps of $1.50–$1.90 president and ceo mitch dolloff commented, "leggett & platt's diverse portfolio of businesses, strong cash discipline, and the ingenuity and agility of our employees helped deliver solid results in 2022 despite weak demand in residential end markets.
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