Leggett & Platt (LEG) Tops Q1 EPS by 10c, Offers Guidance
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LEGGETT & PLATT REPORTS RECORD 1Q RESULTS
May 2, 2022 4:13 PM EDTCARTHAGE, Mo., May 2, 2022 /PRNewswire/ --Â
Record 1Q sales1 of $1.32 billion, a 15% increase vs 1Q21Record 1Q EBIT of $138 million, up $10 million vs 1Q21Record 1Q EPS of $.66, an increase of $.02 vs 1Q212022 guidance unchanged: sales of $5.3$5.6 billion; EPS of $2.70$3.00Diversified manufacturer Leggett & Platt reported record first quarter sales1 of $1.32 billion, a 15% increase versus first quarter last year.
Organic sales2 were up 13%Volume was down 4%, primarily from demand softness in U.S. and European bedding... More