Leggett & Platt (LEG) Tops Q1 EPS by 13c; Offers FY23 Guidance

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LEGGETT & PLATT REPORTS 1Q RESULTS

May 1, 2023 4:10 PM EDT

CARTHAGE, Mo., May 1, 2023 /PRNewswire/ -- 

1Q sales of $1.21 billion, an 8% decrease vs 1Q221Q EBIT of $89 million, down $48 million vs 1Q221Q EPS of $.39, a decrease of $.27 vs 1Q222023 guidance unchanged: sales of $4.8$5.2 billion; EPS of $1.50$1.90

President and CEO Mitch Dolloff commented, "We delivered first quarter... More