Tag Archives: David Haffner

Leggett & Platt Q3 Net Drops 32.4 Percent

Leggett & Platt

CARTHAGE, Mo.-A significant spike in expenses led Leggett & Platt (NYSE: LE) to a downturn of 32.4 percent in its third-quarter net income, which totaled $48.2 million. Selling, general and administrative expenses jumped 53.9 percent in dollars and 344 basis points as a percentage of sales, to 13.2 percent. The rise in costs occurred partlyMore »

Last updated: October 23, 2014

Leggett & Platt Q1 Net Rises

Leggett & Platt

CARTHAGE, Mo.-A decline in operating expenses offset a small drop in sales to propel Leggett & Platt to a first-quarter gain of 7.5 percent in net income, which totaled $53.1 million. Selling and administrative expenses were down 8.1 percent in dollars and 77 basis points as a percentage of sales, to 10.7 percent. Net salesMore »

Last updated: April 25, 2014

Leggett & Platt Q3 Net Rises 8.4 Percent Despite Sluggish Sales

Leggett & Platt

CARTHAGE, Mo.-Although its sales reflected the economic uncertainties of the period, Leggett & Platt managed a gain of 8.4 percent to its third-quarter net income, which totaled $71.3 million. Net sales in the quarter, which ended on Sept. 30, slipped 2.1 percent to $957.7 million. David Haffner, Leggett & Platt’s CEO, said the decreased salesMore »

Last updated: October 24, 2013

Leggett & Platt Boosts Q2 Net 10 Percent

Leggett & Platt

CARTHAGE, Mo.-Higher sales and improved margins helped Leggett & Platt to a 10 percent jump in net income in its second quarter, to $71.3 million. Net sales were up 3 percent to $958.8 million in the quarter. The top-line performance included a 3 percent gain in sales from Leggett & Platt’s residential furnishings segment. GrossMore »

Last updated: July 29, 2013