Leggett & platt reports fourth quarter and full year results

Carthage, mo. , feb. 8, 2024 /prnewswire/ --  4q sales of $1.1 billion, a 7% decrease vs 4q22 4q eps of ($2.18); 4q adjusted1 eps of $.26, down $.13 vs 4q22 2023 sales of $4.7 billion, an 8% decrease vs 2022 2023 eps of ($1.00); 2023 adjusted1 eps of $1.39, down $.88 vs 2022 2023 cash from operations of $497 million, a $56 million increase vs 2022 2024 guidance: sales of $4.35–$4.65 billion, eps of $.95–$1.25, and adjusted1 eps of $1.05–$1.35 president and ceo mitch dolloff commented, "2023 was another challenging year for residential end markets as our bedding products and furniture, flooring & textile products segments faced ongoing weak market demand.
LEG Ratings Summary
LEG Quant Ranking