Key Developments: Leggett & Platt Inc (LEG.N)

LEG.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Leggett & Platt Inc and Polyurethane foam makers in $128.5 mln US price-fixing accords - Reuters
Sunday, 21 Jun 2015 08:00pm EDT 

Leggett & Platt Inc:Says Carpenter Co, Leggett & Platt Inc, Mohawk Inc and three other makers of polyurethane foam agreed to pay as much as $128.5 million to settle lawsuits accusing them of conspiring to fix prices - Reuters.Says preliminary settlements with so-called indirect purchasers were disclosed in the federal court in Toledo, Ohio, and require court approval.Earlier settlements with other groups of plaintiffs in the nationwide litigation totaled $433.1 mln.Producers of such items accused foam manufacturers of violating the federal Sherman antitrust law by conspiring to coordinate the timing and size of price increases.According to court papers, the latest settlements included $63.5 million from Carpenter, $26.5 mln from Leggett, $16 mln from Mohawk, as much as $10.25 mln from Hickory Springs Manufacturing Co, $9.5 mln from Woodbridge Foam Corp and $2.75 mln from Vitafoam Inc.The accords cover purchasers of products containing flexible polyurethane foam since Jan. 1, 1999.These purchasers won class-action status in April 2014.  Full Article

Leggett & Platt Inc reaffirms FY 2015 revenue outlook; Raises low end of prior FY 2015 EPS guidance to a range in line with analysts' estimates
Thursday, 30 Apr 2015 05:29pm EDT 

Leggett & Platt Inc:Raises low end of prior EPS guidance and projects FY 2015 EPS of $1.95 - 2.10.Reaffirms FY 2015 revenue of $3.9 - 4.1 bln.FY 2015 revenue of $4.0 billion and EPS of $2.05 - Thomson Reuters I/B/E/S.  Full Article

Leggett & Platt announces quarterly dividend of $.31
Wednesday, 25 Feb 2015 11:20am EST 

Leggett & Platt Inc:Announced a dividend of $.31 per share for the first quarter.Says the dividend will be paid on April 15 to shareholders of record on March 13.  Full Article

Leggett & Platt Inc gives FY 2015 guidance in line with analysts' estimates
Thursday, 29 Jan 2015 04:05pm EST 

Leggett & Platt Inc:Projects FY 2015 continuing operations' sales of $3.9 billion - $4.1 billion, or 3 pct - 8 pct growth, and EPS of $1.90 -- $2.10.FY 2015 revenue of $4.0 billion and EPS of $2.10 - Thomson Reuters I/B/E/S.  Full Article

Leggett & Platt announces $0.31 quarterly dividend
Tuesday, 4 Nov 2014 10:46am EST 

Leggett & Platt Inc;:Declares a dividend of $0.31 per share for the fourth quarter, an increase of 3.3 pct versus the same quarter of last year.Payable on Jan. 15, 2015 to shareholders of record on Dec. 15.  Full Article

Leggett & Platt Inc announces divestiture of Store Fixtures Operations
Monday, 3 Nov 2014 09:00am EST 

Leggett & Platt Inc:Says sale of majority of its Store Fixtures operations to Lozier Corporation for total consideration of about $62 mln.These operations, located in Middlebury, IN, Fort Worth, TX, and Union, MO, represent approximately three-quarters of the business unit's revenues, and manufacture custom-designed, complete store fixture packages for major retailers, including metal and wood shelving, counters, and showcases.Lozier Corporation, based in Omaha, NE, the design and production of store fixture solutions.  Full Article

Leggett & Platt Inc gives Q4 2014 guidance in line with analysts' estimates - Conference Call
Thursday, 23 Oct 2014 09:00am EDT 

Leggett & Platt Inc:Expects Q4 2014 sales from continued operations of $871 million to $971 million.Expects Q4 2014 earnings per share of $0.39 to $0.49.Q4 2014 revenue of $963 million and EPS of $0.43 - Thomson Reuters I/B/E/S.  Full Article

Leggett & Platt Inc reaffirms FY 2014 revenue guidance; raises low end of prior FY 2014 EPS guidance
Wednesday, 22 Oct 2014 04:08pm EDT 

Leggett & Platt Inc:Says FY 2014 sales guidance is unchanged at $3.70-3.80 billion.Increases FY 2014 low end of its EPS guidance range by $.05.Guidance for FY 2014 adjusted EPS is now $1.75-1.85; prior guidance, issued in April and reaffirmed in July, was $1.70-1.85.FY 2014 EPS of $1.78 - Thomson Reuters I/B/E/S.  Full Article

Leggett & Platt increases quarterly dividend to $.31
Tuesday, 5 Aug 2014 09:31am EDT 

Leggett & Platt Inc:Says third quarter dividend increased by $.01, or 3.3 pct , to $.31 per share.Dividend will be paid on Oct. 15 to shareholders of record on Sept. 15.  Full Article

Leggett & Platt Inc narrows FY 2014 revenue guidance; reaffirms FY 2014 EPS guidance - Conference Call
Friday, 25 Jul 2014 09:00am EDT 

Leggett & Platt Inc:Narrows guidance to $3.88 billion to $3.98 billion in sales for FY 2014 versus guidance of $3.85 billion to $4.05 billion.Continue to expect FY 2014 adjusted earnings per share of $1.70 to $1.85.FY 2014 revenue of $3.90 billion and EPS of $1.76 - Thomson Reuters I/B/E/S.  Full Article

Polyurethane foam makers in $128.5 mln US price-fixing accords

- Carpenter Co, Leggett & Platt Inc, Mohawk Inc and three other makers of polyurethane foam agreed to pay as much as $128.5 million to settle lawsuits accusing them of conspiring to fix prices.

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