Leggett & Platt (LEG) Tops Q2 EPS by 9c, Revenues Miss
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Leggett & Platt Reports 2Q Results And Announces 3Q Dividend
August 3, 2020 4:07 PM EDTCARTHAGE, Mo., Aug. 3, 2020 /PRNewswire/ --Â
2Q sales were down 30% vs 2Q19, significantly impacted by the COVID-19 pandemic 2Q EPS was ($.05), a decrease of $.69 vs 2Q19; 2Q adjusted1 EPS was $.16, down $.48 vs 2Q19 Liquidity at June 30, 2020 was $1.3 billion Board declared third quarter dividend of $.40 per shareDiversified manufacturer Leggett & Platt reported second quarter sales of $845 million, a 30% decrease versus second quarter last year.
Organic sales were down 31%: Volume was down 29%2, largely due to the economic impact of COVID-19 Raw material-related selling... More