Tag Archives: Leggett & Platt

Leggett & Platt Posts Q2 Loss of $23.9 Million

Leggett & Platt

CARTHAGE, Mo.-A one-time charge of $108 million put Leggett & Platt’s second-quarter bottom line in the red to the tune of $23.9 million. Last year, the company posted second-quarter net income of $71.3 million. The company recorded the pre-tax, non-cash impairment charge to write off all of the goodwill associated with its Store Fixtures group.More »

Last updated: July 25, 2014

Leggett & Platt Buys Tempur Sealy’s Innerspring Plants

Leggett & Platt

LEXINGTON, Ky.-Leggett & Platt has purchased Tempur Sealy’s three innerspring component production facilities and equipment, for about $48 million. According to a joint statement from the two companies, the deal is in conjunction with Tempur Sealy’s decision to exit production of innerspring components in the United States. Also, the two companies have extended their relationshipMore »

Last updated: July 1, 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