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Leggett & Platt Inc (LEG.N)

LEG.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Leggett & Platt reduces full-year EPS guidance
Wednesday, 6 Sep 2017 04:08pm EDT 

Sept 6 (Reuters) - Leggett & Platt Inc :Leggett & Platt reduces full-year EPS guidance and reports divestiture of remaining CVP operation.Sees FY sales $3.9 billion to $4.0 billion.Sees FY 2017 earnings per share $2.44 to $2.54.Sees FY 2017 adjusted earnings per share $2.40 to $2.50.Leggett & Platt Inc - ‍cash from operations is expected to approximate $425 million for year​.Leggett & Platt Inc - ‍reduction in FY EPS guidance primarily reflects renewed inflation of steel costs, a related increase in estimated LIFO expense​.FY2017 earnings per share view $2.60, revenue view $3.95 billion -- Thomson Reuters I/B/E/S.Leggett & Platt Inc - ‍reduction in FY EPS guidance also reflects demand weakness in furniture and bedding retail markets​.  Full Article

Leggett & Platt announces quarterly dividend of $0.36
Thursday, 3 Aug 2017 08:53am EDT 

Aug 3 (Reuters) - Leggett & Platt Inc :Leggett & Platt announces quarterly dividend of $.36.‍Q3 dividend is $.36 per share, an increase of 5.9% versus 3Q 2016​.  Full Article

Leggett & Platt Q2 earnings per share $0.64
Thursday, 27 Jul 2017 04:09pm EDT 

July 27 (Reuters) - Leggett & Platt Inc ::Leggett & Platt reports 2Q EPS of $.64 on 3% sales growth.Q2 earnings per share view $0.65 -- Thomson Reuters I/B/E/S.Q2 earnings per share $0.64.Q2 same store sales rose 4 percent.Sees FY 2017 sales $3.9 billion to $4.0 billion.Q2 sales $989 million versus I/B/E/S view $1 billion.Reports Q2 sales $989 million.Sees FY sales up 4 to 7 percent.Reports Q2 sales up 3 percent.‍2017 sales guidance reduced 1% to $3.9-4.0 billion; EPS guidance narrowed to $2.55 to $2.65​.2017 sales guidance reduced 1% to $3.9-4.0 billion; EPS guidance narrowed to $2.55 to $2.65.For full year, company anticipates repurchasing approximately 3 million shares.Cash from operations is expected to approximate $450 million in 2017​.For full year company anticipates issuing approximately 1.5 million shares for employee benefit plans.FY2017 earnings per share view $2.64, revenue view $3.97 billion -- Thomson Reuters I/B/E/S.Capital expenditures should be roughly $160 million in 2017.  Full Article

U.S. CPSC says about 47,900 office chairs recalled by Leggett & Platt office components due to fall hazard
Wednesday, 24 May 2017 11:41am EDT 

May 24 (Reuters) - U.S. CPSC::About 47,900 in U.S. (in addition, about 1,000 in Canada) office chairs recalled by Leggett & Platt office components due to fall hazard.Recall involves office chairs with a leggett & platt office components LP01 Synchro Slider Mechanism.No incidents or injuries reported related to recall.  Full Article

Leggett & Platt increases debt under existing commercial paper program
Tuesday, 25 Apr 2017 04:20pm EDT 

April 25 (Reuters) - Leggett & Platt Inc :Leggett & Platt- increased debt under existing commercial paper program to total amount outstanding of $499 million on april 21 versus $196 million at dec 31, 2016.Leggett & Platt - total debt authorized under commercial paper program is $750 million.  Full Article

Leggett & Platt announces quarterly dividend of $0.34
Tuesday, 21 Feb 2017 11:36am EST 

Leggett & Platt Inc : Leggett & Platt announces quarterly dividend of $.34 .Q1 dividend of $.34 per share, an increase of $.02 per share or 6.3 pct versus q1 of 2016.  Full Article

State Street Corp reports a 8.51 pct passive stake in Leggett & Platt Inc as of Dec 31 - SEC filing
Tuesday, 7 Feb 2017 08:01am EST 

Leggett & Platt Inc :State Street Corporation reports a 8.51 percent passive stake in Leggett & Platt Inc as of Dec 31, 2016 - SEC filing.  Full Article

Leggett & Platt reports Q3 eps of $.67
Thursday, 27 Oct 2016 04:07pm EDT 

Leggett & Platt Inc : Leggett & platt reports 3q eps of $.67 . Q3 earnings per share $0.67 from continuing operations . Q3 sales $949 million versus i/b/e/s view $1.01 billion . Q3 same store sales fell 2 percent . Q3 earnings per share view $0.64 -- Thomson Reuters I/B/E/S . Raises fy 2016 earnings per share view to $2.55 to $2.62 from continuing operations . Increasing 2016 eps guidance . Full-Year sales are now estimated at approximately $3.75 billion, a 4% decrease versus 2015 .Fy2016 earnings per share view $2.49, revenue view $3.87 billion -- Thomson Reuters I/B/E/S.  Full Article

Leggett & Platt says Q3 dividend $0.34/shr
Thursday, 4 Aug 2016 11:38am EDT 

Leggett & Platt Inc :Says Q3 dividend is $.34 per share, an increase of 6.3% versus 3Q 2015.  Full Article

Leggett & Platt says Q2 earnings per share $0.15
Thursday, 28 Jul 2016 04:07pm EDT 

Leggett & Platt Inc : Leggett & platt reports record 2q eps from continuing operations . Q2 earnings per share $0.72 from continuing operations . Q2 sales $959 million versus i/b/e/s view $1 billion . Q2 earnings per share view $0.62 -- Thomson Reuters I/B/E/S . Sees fy 2016 earnings per share $2.45 to $2.60 from continuing operations . Q2 earnings per share $0.15 . Leggett & platt inc says for full year, expect cash from operations to exceed $500 million . Leggett & platt inc says 2016 sales guidance is now estimated at approximately $3.9 billion, or basically flat versus 2015 . Fy2016 earnings per share view $2.52, revenue view $3.99 billion -- Thomson Reuters I/B/E/S .$2.60.  Full Article

BRIEF-Leggett & Platt reduces full-year EPS guidance

* Leggett & Platt reduces full-year EPS guidance and reports divestiture of remaining CVP operation