View ValuationLeggett & Platt 将来の成長Future 基準チェック /06Leggett & Plattの収益は年間1%で減少すると予測されていますが、年間収益は年間1.2%で増加すると予想されています。EPS は年間3.8%で減少すると予想されています。主要情報-1.0%収益成長率-3.76%EPS成長率Consumer Durables 収益成長19.9%収益成長率1.2%将来の株主資本利益率n/aアナリストカバレッジLow最終更新日14 May 2026今後の成長に関する最新情報お知らせ • Feb 12Leggett & Platt, Incorporated Provides Earnings Guidance for the Year 2026Leggett & Platt, Incorporated provided earnings guidance for the year 2026. For the year, the company's sales are expected to be $3.8 billion to $4.0 billion, down 1% to 6% versus 2025; Volume is expected to be flat to down low-single digits EPS is expected to be $0.92 to $1.38.お知らせ • Oct 28Leggett & Platt, Incorporated Updates Earnings Guidance for the Year 2025Leggett & Platt, Incorporated updated earnings guidance for the year 2025. Sales are now expected to be $4.0–$4.1 billion (versus $3.9–$4.2 billion previously), down 6% to 9% versus 2024. EPS is now expected to be $1.52–$1.72 (versus $1.43–$1.72 previously). EBIT margin is expected to be 8.4%–9.0%.お知らせ • Aug 29Leggett & Platt Updates Earnings Guidance for the Year 2025Leggett & Platt updated earnings guidance for the year 2025. For the year, the company now expects sales to be $3.9 billion to $4.2 billion against $4.0 billion to $4.3 billion in Previous Guidance and EPS to be $1.43 - $1.72 against $0.88–$1.17 in prior guidance.お知らせ • Aug 01Leggett & Platt Updates Earnings Guidance for the Year 2025Leggett & Platt updated earnings guidance for the year 2025. For the year, the company expects sales to be $4.0–$4.3 billion, down 2% to 9% versus 2024 and EPS to be $0.88–$1.17 (versus prior guidance of $0.85–$1.26).お知らせ • Apr 29Leggett & Platt, Incorporated Provides Earnings Guidance for the Year 2025Leggett & Platt, Incorporated provided earnings guidance for the year 2025. For the period, Sales are expected to be $4.0 billion–$4.3 billion, down 2% to 9% versus 2024. Volume is now expected to be down low to high-single digits (versus prior guidance of down low to mid-single digits). EPS is expected to be $0.85–$1.26.お知らせ • Feb 14Leggett & Platt, Incorporated Provides Financial Guidance for the Full Year of 2025Leggett & Platt, Incorporated provides financial guidance for the full year of 2025. For the period, the company expects sales to be $4.0–$4.3 billion, down 2% to 9% versus 2024. Volume is expected to be down low to mid-single digits. EPS is expected to be $0.83–$1.24.すべての更新を表示Recent updatesDeclared Dividend • May 25First quarter dividend of US$0.05 announcedShareholders will receive a dividend of US$0.05. Ex-date: 15th June 2026 Payment date: 15th July 2026 Dividend yield will be 2.1%, which is lower than the industry average of 2.5%. Sustainability & Growth Dividend is well covered by both earnings (12% earnings payout ratio) and cash flows (13% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 11% over the next 3 years. However, it would need to fall by 86% to increase the payout ratio to a potentially unsustainable range.お知らせ • May 23Leggett & Platt, Incorporated announces Quarterly dividend, payable on July 15, 2026Leggett & Platt, Incorporated announced Quarterly dividend of USD 0.0500 per share payable on July 15, 2026, ex-date on June 15, 2026 and record date on June 15, 2026.Board Change • May 20Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 4 highly experienced directors. Independent Director Angela Barbee was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Apr 23Leggett & Platt, Incorporated to Report Q1, 2026 Results on May 07, 2026Leggett & Platt, Incorporated announced that they will report Q1, 2026 results Pre-Market on May 07, 2026お知らせ • Apr 08Leggett & Platt, Incorporated, Annual General Meeting, May 21, 2026Leggett & Platt, Incorporated, Annual General Meeting, May 21, 2026. Location: register.proxypush.com/leg, United Statesお知らせ • Feb 26Leggett & Platt, Incorporated Declares Dividend for the First Quarter of 2026, Payable on April 15, 2026Leggett & Platt's Board of Directors declared a dividend of $0.05 per share for the first quarter of 2026. The dividend will be paid on April 15, 2026 to shareholders of record on March 13, 2026.お知らせ • Feb 12Leggett & Platt, Incorporated Provides Earnings Guidance for the Year 2026Leggett & Platt, Incorporated provided earnings guidance for the year 2026. For the year, the company's sales are expected to be $3.8 billion to $4.0 billion, down 1% to 6% versus 2025; Volume is expected to be flat to down low-single digits EPS is expected to be $0.92 to $1.38.お知らせ • Jan 29Leggett & Platt, Incorporated to Report Q4, 2025 Results on Feb 11, 2026Leggett & Platt, Incorporated announced that they will report Q4, 2025 results After-Market on Feb 11, 2026お知らせ • Dec 01Somnigroup International Inc. (NYSE:SGI) proposed to acquire Leggett & Platt, Incorporated (NYSE:LEG) for $1.6 billion.Somnigroup International Inc. (NYSE:SGI) proposed to acquire Leggett & Platt, Incorporated (NYSE:LEG) for $1.6 billion on December 1, 2025. As per the transaction, most of the Leggett & Platt’s management team and employees will be retained. As per the transaction, Leggett & Platt shareholders would receive shares of Somnigroup common stock with a market value of $12.00 for every one share of Leggett & Platt common stock, based on a fixed exchange ratio to be agreed. The transaction is subject to approval by regulatory board / committee, approval of merger agreement by target board, approval of offer by acquirer board, approval of offer by target shareholders and consummation of due diligence investigation. Goldman Sachs & Co. LLC acted as financial advisor for Somnigroup International Inc. Cleary Gottlieb Steen & Hamilton LLP acted as legal advisor for Somnigroup International Inc.お知らせ • Nov 06Leggett & Platt, Incorporated Announces Dividend for Fourth Quarter 2025, Payable on January 15, 2026Leggett & Platt, Incorporated announced board of Directors declared a dividend of $0.05 per share for the fourth quarter of 2025. The dividend will be paid on January 15, 2026 to shareholders of record on December 15, 2025.お知らせ • Oct 28Leggett & Platt, Incorporated Updates Earnings Guidance for the Year 2025Leggett & Platt, Incorporated updated earnings guidance for the year 2025. Sales are now expected to be $4.0–$4.1 billion (versus $3.9–$4.2 billion previously), down 6% to 9% versus 2024. EPS is now expected to be $1.52–$1.72 (versus $1.43–$1.72 previously). EBIT margin is expected to be 8.4%–9.0%.お知らせ • Sep 29Leggett & Platt, Incorporated to Report Q3, 2025 Results on Oct 27, 2025Leggett & Platt, Incorporated announced that they will report Q3, 2025 results After-Market on Oct 27, 2025お知らせ • Aug 29Leggett & Platt Updates Earnings Guidance for the Year 2025Leggett & Platt updated earnings guidance for the year 2025. For the year, the company now expects sales to be $3.9 billion to $4.2 billion against $4.0 billion to $4.3 billion in Previous Guidance and EPS to be $1.43 - $1.72 against $0.88–$1.17 in prior guidance.お知らせ • Aug 07Leggett & Platt, Incorporated Declares Dividend for the Third Quarter of 2025, Payable on October 15, 2025Leggett & Platt, Incorporated declared a dividend of $0.05 per share for the third quarter of 2025. The dividend will be paid on October 15, 2025 to shareholders of record on September 15, 2025.お知らせ • Aug 01Leggett & Platt Updates Earnings Guidance for the Year 2025Leggett & Platt updated earnings guidance for the year 2025. For the year, the company expects sales to be $4.0–$4.3 billion, down 2% to 9% versus 2024 and EPS to be $0.88–$1.17 (versus prior guidance of $0.85–$1.26).お知らせ • Jul 17Leggett & Platt, Incorporated to Report Q2, 2025 Results on Jul 31, 2025Leggett & Platt, Incorporated announced that they will report Q2, 2025 results After-Market on Jul 31, 2025お知らせ • Jun 30+ 4 more updatesLeggett & Platt, Incorporated(NYSE:LEG) dropped from Russell Midcap Value IndexLeggett & Platt, Incorporated(NYSE:LEG) dropped from Russell Midcap Value Indexお知らせ • May 07Leggett & Platt Declares Quarterly Dividend, Payable on July 15, 2025Leggett & Platt's Board of Directors declared a dividend of $0.05 per share for the second quarter 2025. The dividend will be paid on July 15, 2025 to shareholders of record on June 13, 2025.お知らせ • Apr 29Leggett & Platt, Incorporated Provides Earnings Guidance for the Year 2025Leggett & Platt, Incorporated provided earnings guidance for the year 2025. For the period, Sales are expected to be $4.0 billion–$4.3 billion, down 2% to 9% versus 2024. Volume is now expected to be down low to high-single digits (versus prior guidance of down low to mid-single digits). EPS is expected to be $0.85–$1.26.お知らせ • Apr 15Leggett & Platt, Incorporated to Report Q1, 2025 Results on Apr 28, 2025Leggett & Platt, Incorporated announced that they will report Q1, 2025 results After-Market on Apr 28, 2025お知らせ • Apr 04Funds managed by Tinicum Incorporated entered into a purchase agreement to acquire Aerospace Products Group from Leggett & Platt, Incorporated (NYSE:LEG) for approximately $290 million.Funds managed by Tinicum Incorporated entered into a purchase agreement to acquire Aerospace Products Group from Leggett & Platt, Incorporated (NYSE:LEG) for approximately $290 million on April 2, 2025. A cash consideration of $285 million will be paid by Tinicum Incorporated. In case of termination of transaction, Tinicum Incorporated will pay a termination fee of $14.25 million, and certain fees and costs as Leggett’s sole remedy. The business is comprised of seven manufacturing facilities located in the U.S., UK, and France and approximately 700 employees. For the period ending December 31, 2024, Aerospace Products Group of Leggett & Platt, Incorporated reported total revenue of $190 million. The Purchaser have secured committed financing subject to customary conditions, consisting of a combination of equity financing to be provided by investment funds affiliated with Tinicum and debt financing to be provided by a third-party lender. This divestiture is part of the ongoing strategic business review, aimed at determining which businesses are the right long-term fit for the company. The sale of Leggett’s Aerospace Products Group was approved by Leggett’s Board of Directors. The transaction is expected to close in 2025 as soon as all closing conditions are met, including necessary regulatory approvals. The after-tax cash proceeds are expected to be approximately $240 million. Lazard Freres & Co. LLC acted as financial advisor for Leggett & Platt, Incorporated. Paul K. Humphreys of Freshfields US LLP acted as legal advisor for Leggett & Platt, Incorporated. John LeClaire, Chris Wilson, and Lindsay Reed of Goodwin Procter LLP acted as legal advisor for Tinicum Incorporated.お知らせ • Mar 03Leggett & Platt, Incorporated, Annual General Meeting, May 07, 2025Leggett & Platt, Incorporated, Annual General Meeting, May 07, 2025.お知らせ • Feb 27Leggett & Platt Declares Quarterly Dividend for the First Quarter 2025, Payable on April 15, 2025Leggett & Platt's Board of Directors declared a dividend of $0.05 per share for the first quarter 2025. The dividend will be paid on April 15, 2025 to shareholders of record on March 14, 2025.お知らせ • Feb 15Leggett & Platt, Incorporated Announces Executive ChangesOn February 13, 2025, Karl G. Glassman, the Leggett & Platt, Incorporated's President and Chief Executive Officer, ceased serving as the acting, temporary segment manager of the Company’s Specialized Products segment. Mr. Glassman will continue to serve as Board Chairman, and President and Chief Executive Officer of the Company. On this same date, the Company appointed R. Samuel Smith, Jr. to serve as President of the Specialized Products segment. In addition to his new responsibilities, Mr. Smith will continue to serve as Executive Vice President, President of the Furniture, Flooring and Textile Products segment.お知らせ • Feb 14Leggett & Platt, Incorporated Provides Financial Guidance for the Full Year of 2025Leggett & Platt, Incorporated provides financial guidance for the full year of 2025. For the period, the company expects sales to be $4.0–$4.3 billion, down 2% to 9% versus 2024. Volume is expected to be down low to mid-single digits. EPS is expected to be $0.83–$1.24.お知らせ • Jan 28Leggett & Platt, Incorporated to Report Q4, 2024 Results on Feb 13, 2025Leggett & Platt, Incorporated announced that they will report Q4, 2024 results After-Market on Feb 13, 2025Declared Dividend • Nov 11Third quarter dividend of US$0.05 announcedShareholders will receive a dividend of US$0.05. Ex-date: 13th December 2024 Payment date: 15th January 2025 Dividend yield will be 5.0%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (11% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments.お知らせ • Nov 08Leggett & Platt, Incorporated Declares Dividend for the Fourth Quarter 2024, Payable on January 15, 2025Leggett & Platt's Board of Directors declared a dividend of $0.05 per share for the fourth quarter 2024. The dividend will be paid on January 15, 2025 to shareholders of record on December 13, 2024.Reported Earnings • Oct 29Third quarter 2024 earnings released: EPS: US$0.33 (vs US$0.39 in 3Q 2023)Third quarter 2024 results: EPS: US$0.33 (down from US$0.39 in 3Q 2023). Revenue: US$1.10b (down 6.3% from 3Q 2023). Net income: US$44.9m (down 15% from 3Q 2023). Profit margin: 4.1% (down from 4.5% in 3Q 2023). Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.お知らせ • Oct 29+ 1 more updateLeggett & Platt, Incorporated Provides Earnings Guidance for the Fourth Quarter of 2024Leggett & Platt, Incorporated provided earnings guidance for the fourth quarter of 2024. For the period, Company expects Sales of $973 million – $1,073 million. EPS of $0.12 – $0.27.お知らせ • Oct 15Leggett & Platt, Incorporated to Report Q3, 2024 Results on Oct 28, 2024Leggett & Platt, Incorporated announced that they will report Q3, 2024 results After-Market on Oct 28, 2024Upcoming Dividend • Sep 06Upcoming dividend of US$0.05 per shareEligible shareholders must have bought the stock before 13 September 2024. Payment date: 15 October 2024. The company is not currently making a profit and its cash payout ratio is 84%. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (4.1%).Declared Dividend • Aug 12Second quarter dividend of US$0.05 announcedShareholders will receive a dividend of US$0.05. Ex-date: 13th September 2024 Payment date: 15th October 2024 Dividend yield will be 8.2%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (9% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments.お知らせ • Aug 08Leggett & Platt, Incorporated Declares Dividend for the Third Quarter 2024, Payable on October 15, 2024Leggett & Platt's Board of Directors declared a dividend of $0.05 per share for the third quarter 2024. The dividend will be paid on October 15, 2024 to shareholders of record on September 13, 2024.お知らせ • Aug 03+ 1 more updateLeggett & Platt, Incorporated Reports Goodwill Impairment for the Second Quarter Ended June 30, 2024Leggett & Platt, Incorporated reported goodwill impairment for the second quarter ended June 30, 2024. For the quarter, the company reported a non-cash goodwill impairment charge of $675.3 million.Reported Earnings • Aug 02Second quarter 2024 earnings released: US$4.39 loss per share (vs US$0.40 profit in 2Q 2023)Second quarter 2024 results: US$4.39 loss per share (down from US$0.40 profit in 2Q 2023). Revenue: US$1.13b (down 7.6% from 2Q 2023). Net loss: US$602.2m (down US$656.4m from profit in 2Q 2023). Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Consumer Durables industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance.お知らせ • Jul 18Leggett & Platt, Incorporated to Report Q2, 2024 Results on Aug 01, 2024Leggett & Platt, Incorporated announced that they will report Q2, 2024 results After-Market on Aug 01, 2024Buy Or Sell Opportunity • Jul 01Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 39% to €10.70. The fair value is estimated to be €13.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making.Buy Or Sell Opportunity • Jun 27Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 41% to €10.46. The fair value is estimated to be €13.76, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making.Upcoming Dividend • Jun 07Upcoming dividend of US$0.05 per shareEligible shareholders must have bought the stock before 14 June 2024. Payment date: 15 July 2024. The company is not currently making a profit and its cash payout ratio is 83%. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (4.0%).Recent Insider Transactions • Jun 05President recently bought €252k worth of stockOn the 31st of May, Karl Glassman bought around 24k shares on-market at roughly €10.58 per share. This transaction amounted to 2.1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Karl's only on-market trade for the last 12 months.お知らせ • May 23Leggett & Platt, Incorporated Announces Chief Executive Officer ChangesLeggett & Platt, Incorporated announced that its Board of Directors has appointed Karl Glassman as Chief Executive Officer, effective immediately. Karl will continue to serve as Board Chairman. This follows the decision by Mitch Dolloff to resign as Chief Executive Officer also effective immediately, having mutually agreed with the Board that now is the right time for a change in leadership at Leggett & Platt. Mitch will serve in a consulting capacity for one year to assist in the transition. Karl has served as an executive director and non-executive director on the Leggett & Platt Board since 2002, and previously served as CEO from 2016 to 2021. Karl has served in other various leadership capacities with the Company over his 42-year tenure, including Chief Operating Officer and President of the former Residential Furnishings segment.Buy Or Sell Opportunity • May 23Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 44% to €10.50. The fair value is estimated to be €13.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making.お知らせ • May 23Leggett & Platt Announces Management ChangesLeggett & Platt announced that its Board of Directors has appointed Karl Glassman as President effective immediately. Karl will continue to serve as Board Chairman. This follows the decision by Mitch Dolloff to resign as President and member the Board, also effective immediately, having mutually agreed with the Board that now is the right time for a change in leadership at Leggett & Platt. Mitch will serve in a consulting capacity for one year to assist in the transition. Karl has served as an executive director and non-executive director on the Leggett & Platt Board since 2002, and previously served as CEO from 2016 to 2021. Karl has served in other various leadership capacities with the Company over his 42-year tenure, including Chief Operating Officer and President of the former Residential Furnishings segment.Declared Dividend • May 06First quarter dividend of US$0.05 announcedShareholders will receive a dividend of US$0.05. Ex-date: 14th June 2024 Payment date: 15th July 2024 Dividend yield will be 10%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is covered by cash flows (84% cash payout ratio). The dividend has increased by an average of 4.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability.お知らせ • May 01Leggett & Platt, Incorporated Declares Dividend for the Second Quarter of 2024, Payable on July 15, 2024The Board of Directors of Leggett & Platt, Incorporated declared a dividend of $0.05 per share for the second quarter of 2024, a decrease of $0.41 per share versus last year's second quarter dividend. Dividend will be paid on July 15, 2024 to shareholders of record on June 14, 2024.Reported Earnings • May 01First quarter 2024 earnings released: EPS: US$0.23 (vs US$0.39 in 1Q 2023)First quarter 2024 results: EPS: US$0.23 (down from US$0.39 in 1Q 2023). Revenue: US$1.10b (down 9.6% from 1Q 2023). Net income: US$31.6m (down 41% from 1Q 2023). Profit margin: 2.9% (down from 4.4% in 1Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 5.3% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings.お知らせ • May 01Leggett & Platt, Incorporated Reaffirms Earnings Guidance for the Full Year 2024Leggett & Platt, Incorporated reaffirmed earnings guidance for the full year 2024. For the period, the company sales are expected to be $4.35 billion to $4.65 billion, -2% to -8% versus 2023. EPS is expected to be $0.95 to $1.25.Buy Or Sell Opportunity • Apr 22Now 24% overvaluedOver the last 90 days, the stock has fallen 16% to €17.90. The fair value is estimated to be €14.43, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.6% over the last 3 years. Meanwhile, the company became loss making.お知らせ • Apr 17Leggett & Platt, Incorporated to Report Q1, 2024 Results on May 01, 2024Leggett & Platt, Incorporated announced that they will report Q1, 2024 results After-Market on May 01, 2024Board Change • Apr 16Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 5 highly experienced directors. Independent Director Angela Barbee was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Mar 29Leggett & Platt, Incorporated, Annual General Meeting, May 08, 2024Leggett & Platt, Incorporated, Annual General Meeting, May 08, 2024, at 10:00 Central Standard Time. Agenda: To consider and approve the election of director; to consider and approve the Pricewaterhousecoopers LLP as company's independent public accounting firm; to consider and approve the amendment of the flexible stock plan; and to consider and approve any other matters.お知らせ • Feb 28+ 1 more updateLeggett & Platt Announces Executive ChangesLeggett & Platt announced that Steve Henderson, Executive Vice President and President of the Specialized Products and Furniture, Flooring & Textile Products segments, will retire effective April 1, 2024. Steve joined the Company in 2017 as President of the Automotive group and was appointed to President of the Specialized Products and Furniture, Flooring & Textile Products segments in 2020. Sam Smith will assume the role of Senior Vice President and President of the Furniture, Flooring & Textile Products segment effective April 2, 2024, while Mitch Dolloff will oversee the Specialized Products segment on an interim basis. Sam Smith joined Leggett in 2014 and has held several operational roles of increasing responsibility within Home Furniture group. In 2020, he was promoted to President of Home Furniture. Prior to joining Leggett, Sam held various leadership, sales, and engineering roles at other manufacturing and service companies. Ryan Kleiboeker was promoted to Executive Vice President and Chief Strategic Planning Officer effective February 26, 2024. Ryan joined the Company in 2005 and spent eleven years in Corporate Development, evaluating and executing acquisition and divestiture transactions and supporting strategic planning activities. In 2016, he began working with the Specialized Products and Furniture, Flooring and Textile Products segments on a variety of financial, strategic, and operational initiatives. In 2020, Ryan assumed the role of Vice President – Corporate Development and Financial Planning. In June 2023, he was promoted to Senior Vice President and Chief Strategic Planning Officer and expanded his role to oversee the Company's strategy, financial planning and analysis, mergers and acquisitions, and investor relations functions.お知らせ • Feb 11Leggett & Platt, Incorporated Reports Long-Lived Asset Impairment for the Fourth Quarter of 2023Leggett & Platt, Incorporated reported long-lived asset impairment for the fourth quarter of 2023. For the quarter, the company reported long-lived asset impairment of $443.7 million.お知らせ • Feb 09Leggett & Platt, Incorporated Provides Earnings Guidance for the Year 2024Leggett & Platt, Incorporated provided earnings guidance for the year 2024. For the year, the company expects sales are expected to be $4.35–$4.65 billion, -2% to -8% versus 2023. EPS is expected to be $.95–$1.25.お知らせ • Jan 17Leggett & Platt, Incorporated to Report Fiscal Year 2023 Results on Feb 08, 2024Leggett & Platt, Incorporated announced that they will report fiscal year 2023 results on Feb 08, 2024お知らせ • Jan 16Leggett & Platt, Incorporated Announces Restructuring Plan to Drive Improved Performance and Profitable GrowthLeggett & Platt, Incorporated announced that it is implementing a Restructuring Plan primarily in its Bedding Products segment and to a lesser extent, in its Furniture, Flooring & Textile Products segment. In response to evolving markets, the Company is taking actions to improve manufacturing and distribution efficiency, advance its product strategy, and further support citstomer needs. These actions are expected to generate $40 to $50 million in EBIT benefit on an annualized run-rate basis when fully implemented in late 2025. The major Bedding Products initiatives that are part of the its Plan include: Refocitsing Strategy: The company are continuing to reshape its Bedding Products bitsiness to focits on innovative, higher-value content, driven by citstomer and end-consumer needs. The company are proud of its long history of providing product solutions its citstomers value and see further opportunities to do so in both innersprings and specialty foam, from components to private label finished goods. Optimizing Manufacturing and Distribution Footprint: The company plan to consolidate certain locations across the Bedding Products segment, reducing its manufacturing and distribution footprint of 50 facilities to approximately 30 to 35 facilities. Creating a new and more efficient regional distribution network will support its ability to maintain sufficient manufacturing capacity in fewer, higher-output facilities to effectively serve its citstomers and better align with anticipated future market demand. These actions should allow its to integrate its specialty foam and innerspring capabilities while maintaining market- leading service and product quality levels and improving overall efficiency. The initiatives outlined above are expected to enable profitable growth through expanded product capabilities and increased content at attractive price points, reduce costs, and create shareholder value. In Furniture, Flooring & Textile Products the company plan to consolidate a small number of production facilities in Home Furniture and Flooring Products to better align capacity with regional demand and drive operating efficiencies. total, the initiatives are expected to reduce annual sales by approximately $100 million and generate $40 to $50 million in EBIT benefit on an annualized run-rate basis when fully implemented in late 2025, with some of the benefit starting to be realized in the second half of 2024. Additionally, The company anticipates receiving approximately $60 to $80 million in net cash proceeds from the sale of real estate associated with the initiatives, with transactions largely complete by the end of 2025. The company expects to incur restructuring and restructuring-related costs of $65 to $85 million, of which approximately half are anticipated to be incurred in 2024 and the remainder in 2025. This includes $30 to $40 million in cash costs, the majority of which are anticipated to be incurred in 2024. In the first half of 2024, The company anticipates $20 to $25 million of restructuring and restructuring-related costs (approximately half in cash costs).Valuation Update With 7 Day Price Move • Dec 08Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €24.39, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 11x in the Consumer Durables industry in Europe. Total loss to shareholders of 20% over the past three years.Upcoming Dividend • Dec 07Upcoming dividend of US$0.46 per share at 7.1% yieldEligible shareholders must have bought the stock before 14 December 2023. Payment date: 12 January 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 7.1%. Within top quartile of German dividend payers (5.2%). Higher than average of industry peers (4.7%).お知らせ • Nov 09Leggett & Platt Announces Quarterly Dividend, Will Be Paid on January 12, 2024Leggett & Platt's Board of Directors announced a dividend of $0.46 per share for the fourth quarter, an increase of $0.02 per share or 4.5% versus the fourth quarter of 2022. The dividend will be paid on January 12, 2024 to shareholders of record on December 15, 2023.Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: US$0.39 (vs US$0.53 in 3Q 2022)Third quarter 2023 results: EPS: US$0.39 (down from US$0.53 in 3Q 2022). Revenue: US$1.18b (down 9.2% from 3Q 2022). Net income: US$52.8m (down 26% from 3Q 2022). Profit margin: 4.5% (down from 5.5% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings.お知らせ • Oct 31+ 1 more updateLeggett & Platt, Incorporated Revises Earnings Guidance for the Full Year 2023Leggett & Platt, Incorporated revised earnings guidance for the full year 2023. Full year 2023 sales and EPS guidance lowered. Sales are expected to be $4.7 billion to $4.75 billion, -8% to -9% versus 2022. EPS is expected to be $1.45–$1.55. Prior guidance: Sales: Sales: $4.75 billion to $4.95 billion; EPS: $1.50–$1.70.お知らせ • Oct 18Leggett & Platt, Incorporated to Report Q3, 2023 Results on Oct 30, 2023Leggett & Platt, Incorporated announced that they will report Q3, 2023 results After-Market on Oct 30, 2023Upcoming Dividend • Sep 07Upcoming dividend of US$0.46 per share at 6.8% yieldEligible shareholders must have bought the stock before 14 September 2023. Payment date: 13 October 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 6.8%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (5.4%).お知らせ • Aug 09Leggett & Platt, Incorporated Announces Dividend for the Third Quarter of 2023, Payable on October 13, 2023The Board of Directors of Leggett & Platt, Incorporated announced a dividend of $0.46 per share for the third quarter, an increase of $0.02 per share or 4.5% versus the third quarter of 2022. The dividend will be paid on October 13, 2023 to shareholders of record on September 15, 2023.New Risk • Aug 01New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.7% Last year net profit margin: 7.3% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks High level of debt (105% net debt to equity). Profit margins are more than 30% lower than last year (4.7% net profit margin).Reported Earnings • Aug 01Second quarter 2023 earnings released: EPS: US$0.40 (vs US$0.70 in 2Q 2022)Second quarter 2023 results: EPS: US$0.40 (down from US$0.70 in 2Q 2022). Revenue: US$1.22b (down 8.5% from 2Q 2022). Net income: US$54.2m (down 43% from 2Q 2022). Profit margin: 4.4% (down from 7.1% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.お知らせ • Aug 01Leggett & Platt, Incorporated Revises Earnings Guidance for the Year 2023Leggett & Platt, Incorporated revised earnings guidance for the year 2023. Full year 2023 sales and EPS guidance lowered. Sales are expected to be $4.75–$4.95 billion, -4% to -8% versus 2022. EPS is expected to be $1.50–$1.70. Prior guidance: Sales: $4.8–$5.2 billion; EPS: $1.50–$1.90.お知らせ • Jul 18Leggett & Platt, Incorporated to Report Q2, 2023 Results on Jul 31, 2023Leggett & Platt, Incorporated announced that they will report Q2, 2023 results on Jul 31, 2023お知らせ • Jun 23+ 1 more updateLeggett & Platt Announces Executive ChangesLeggett & Platt announced that its Board of Directors appointed Benjamin M. Burns as Executive Vice President effective June 21, 2023. Ben replaces Jeffrey L. Tate, who departed from his position effective the same day. Ben joined Leggett in 2003 in the Internal Audit department and was appointed Vice President – Internal Audit in 2012, Vice President and Treasurer in 2017, Vice President – Business Support Services in 2019, Senior Vice President in 2022, and Executive Vice President in 2023. He is a Certified Public Accountant and a Certified Fraud Examiner, with a bachelor's degree in accounting and an MBA from Pittsburg State University.Upcoming Dividend • Jun 07Upcoming dividend of US$0.46 per share at 5.8% yieldEligible shareholders must have bought the stock before 14 June 2023. Payment date: 14 July 2023. Payout ratio is on the higher end at 88%, however this is supported by cash flows. Trailing yield: 5.8%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.8%).Recent Insider Transactions • May 25Independent Director recently sold €182k worth of stockOn the 23rd of May, Phoebe Wood sold around 6k shares on-market at roughly €30.27 per share. This transaction amounted to 10% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €882k. Insiders have been net sellers, collectively disposing of €2.3m more than they bought in the last 12 months.お知らせ • May 06+ 1 more updateLeggett & Platt, Incorporated Announces Changes to Board of DirectorsLeggett & Platt's annual meeting of shareholders was held this day. As previously announced, Karl Glassman retired as an executive officer of the Company, effective immediately, and will continue to serve as Chairman of the Board of Directors. Karl was appointed Executive Chairman of the Board following his retirement as the Company's CEO on December 31, 2021, a position he held since 2016. Karl was first appointed Chairman of the Board in 2020. In addition, Judy Odom retired from the Board of Directors, effective immediate, at the conclusion of her current term. Judy has been a director since 2002 and served on the Human Resources and Compensation Committee and Nominating, Governance and Sustainability Committee and as the Lead Independent Director.Reported Earnings • May 03First quarter 2023 earnings released: EPS: US$0.39 (vs US$0.66 in 1Q 2022)First quarter 2023 results: EPS: US$0.39 (down from US$0.66 in 1Q 2022). Revenue: US$1.21b (down 8.2% from 1Q 2022). Net income: US$53.5m (down 41% from 1Q 2022). Profit margin: 4.4% (down from 6.8% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Mar 07Upcoming dividend of US$0.44 per share at 5.2% yieldEligible shareholders must have bought the stock before 14 March 2023. Payment date: 14 April 2023. Payout ratio is on the higher end at 76%, however this is supported by cash flows. Trailing yield: 5.2%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (3.9%).Recent Insider Transactions • Mar 02Senior VP recently sold €882k worth of stockOn the 28th of February, Scott Douglas sold around 27k shares on-market at roughly €32.68 per share. This transaction amounted to 34% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €2.1m more than they bought in the last 12 months.Reported Earnings • Feb 07Full year 2022 earnings released: EPS: US$2.28 (vs US$2.95 in FY 2021)Full year 2022 results: EPS: US$2.28 (down from US$2.95 in FY 2021). Revenue: US$5.15b (up 1.5% from FY 2021). Net income: US$309.8m (down 23% from FY 2021). Profit margin: 6.0% (down from 7.9% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.お知らせ • Feb 07Leggett & Platt, Incorporated Provides Earnings Guidance for the First Quarter and Full Year of 2023Leggett & Platt, Incorporated provided earnings guidance for the first quarter and full year of 2023. For the year 2023, the company’s sales are expected to be $4.8–$5.2 billion, -7% to +1% versus 2022; EPS is expected to be $1.50–$1.90.First quarter 2023 earnings expected to be down meaningfully vs fourth quarter 2022.Board Change • Feb 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 6 highly experienced directors. Independent Director Angela Barbee was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Buying Opportunity • Dec 14Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 14%. The fair value is estimated to be €40.02, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.1% over the last 3 years. Earnings per share has grown by 14%. For the next 3 years, revenue is forecast to grow by 0.8% per annum. Earnings is forecast to decline by 0.009% per annum over the same time period.Upcoming Dividend • Dec 07Upcoming dividend of US$0.44 per shareEligible shareholders must have bought the stock before 14 December 2022. Payment date: 13 January 2023. Payout ratio is a comfortable 65% and the cash payout ratio is 79%. Trailing yield: 5.0%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (4.4%).Reported Earnings • Nov 02Third quarter 2022 earnings released: EPS: US$0.53 (vs US$0.71 in 3Q 2021)Third quarter 2022 results: EPS: US$0.53 (down from US$0.71 in 3Q 2021). Revenue: US$1.29b (down 1.9% from 3Q 2021). Net income: US$71.4m (down 27% from 3Q 2021). Profit margin: 5.5% (down from 7.4% in 3Q 2021). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.お知らせ • Nov 01Leggett & Platt, Incorporated to Report Q4, 2022 Results on Feb 06, 2023Leggett & Platt, Incorporated announced that they will report Q4, 2022 results on Feb 06, 2023Upcoming Dividend • Sep 07Upcoming dividend of US$0.44 per shareEligible shareholders must have bought the stock before 14 September 2022. Payment date: 14 October 2022. Payout ratio is a comfortable 60% and the cash payout ratio is 83%. Trailing yield: 4.8%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (3.8%).Recent Insider Transactions • Aug 09Executive Chairman recently sold €1.1m worth of stockOn the 5th of August, Karl Glassman sold around 26k shares on-market at roughly €39.91 per share. This was the largest sale by an insider in the last 3 months. This was Karl's only on-market trade for the last 12 months.Reported Earnings • Aug 02Second quarter 2022 earnings released: EPS: US$0.70 (vs US$0.82 in 2Q 2021)Second quarter 2022 results: EPS: US$0.70 (down from US$0.82 in 2Q 2021). Revenue: US$1.33b (up 5.1% from 2Q 2021). Net income: US$95.2m (down 15% from 2Q 2021). Profit margin: 7.1% (down from 8.8% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to stay flat compared to a 3.1% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jun 07Upcoming dividend of US$0.44 per shareEligible shareholders must have bought the stock before 14 June 2022. Payment date: 15 July 2022. Payout ratio is a comfortable 57% but the company is paying out more than the cash it is generating. Trailing yield: 4.5%. Within top quartile of German dividend payers (4.2%). Higher than average of industry peers (3.0%).Recent Insider Transactions • Jun 03Independent Director recently sold €90k worth of stockOn the 1st of June, Phoebe Wood sold around 3k shares on-market at roughly €36.00 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €603k more than they bought in the last 12 months.Reported Earnings • May 04First quarter 2022 earnings released: EPS: US$0.66 (vs US$0.64 in 1Q 2021)First quarter 2022 results: EPS: US$0.66 (up from US$0.64 in 1Q 2021). Revenue: US$1.32b (up 15% from 1Q 2021). Net income: US$90.4m (up 3.3% from 1Q 2021). Profit margin: 6.8% (down from 7.6% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 2.6%, compared to a 7.4% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.業績と収益の成長予測DB:LP1 - アナリストの将来予測と過去の財務データ ( )USD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20283,983160N/A281212/31/20273,911140N/A249412/31/20263,828127N/A18643/31/20263,951225207275N/A12/31/20254,055235281338N/A9/30/20254,173224280339N/A6/30/20254,238142247309N/A3/31/20254,309-512250319N/A12/31/20244,384-511224306N/A9/30/20244,442-823246330N/A6/30/20244,516-815291378N/A3/31/20244,609-159292394N/A12/31/20234,725-137383497N/A9/30/20234,806213473598N/A6/30/20234,925232392520N/A3/31/20235,038273380499N/A12/31/20225,147310341441N/A9/30/20225,284363289385N/A6/30/20225,309388271370N/A3/31/20225,244405220321N/A12/31/20215,073402165271N/A9/30/20214,922405210299N/A6/30/20214,810415438510N/A3/31/20214,386296516582N/A12/31/20204,280253536603N/A9/30/20204,243232543635N/A6/30/20204,275224471587N/A3/31/20204,643317512647N/A12/31/20194,753314N/A668N/A9/30/20194,654300N/A606N/A6/30/20194,507290N/A519N/A3/31/20194,396289N/A428N/A12/31/20184,270306N/A440N/A9/30/20184,207289N/A433N/A6/30/20184,126283N/A412N/A3/31/20184,012285N/A430N/A12/31/20173,944294N/A444N/A9/30/20173,863340N/A428N/A6/30/20173,802350N/A447N/A3/31/20173,772363N/A499N/A12/31/20163,750367N/A553N/A9/30/20163,791364N/A488N/A6/30/20163,851366N/A494N/A3/31/20163,889341N/A438N/A12/31/20153,917324N/A359N/A9/30/20153,926289N/A423N/A6/30/20153,914246N/A425N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: LP1の収益は今後 3 年間で減少すると予測されています (年間-1% )。収益対市場: LP1の収益は今後 3 年間で減少すると予測されています (年間-1% )。高成長収益: LP1の収益は今後 3 年間で減少すると予測されています。収益対市場: LP1の収益 ( 1.2% ) German市場 ( 6.8% ) よりも低い成長が予測されています。高い収益成長: LP1の収益 ( 1.2% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: LP1の 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YConsumer-durables 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日(UTC時間)企業分析2026/05/25 13:50終値2026/05/25 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM(Trailing Twelve Month)またはLTM(Last Twelve Month)データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Leggett & Platt, Incorporated 4 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。10 アナリスト機関Daniel MooreCJS Securities, Inc.Susan MaklariGoldman SachsMichael SmithKansas City Capital Associates7 その他のアナリストを表示
お知らせ • Feb 12Leggett & Platt, Incorporated Provides Earnings Guidance for the Year 2026Leggett & Platt, Incorporated provided earnings guidance for the year 2026. For the year, the company's sales are expected to be $3.8 billion to $4.0 billion, down 1% to 6% versus 2025; Volume is expected to be flat to down low-single digits EPS is expected to be $0.92 to $1.38.
お知らせ • Oct 28Leggett & Platt, Incorporated Updates Earnings Guidance for the Year 2025Leggett & Platt, Incorporated updated earnings guidance for the year 2025. Sales are now expected to be $4.0–$4.1 billion (versus $3.9–$4.2 billion previously), down 6% to 9% versus 2024. EPS is now expected to be $1.52–$1.72 (versus $1.43–$1.72 previously). EBIT margin is expected to be 8.4%–9.0%.
お知らせ • Aug 29Leggett & Platt Updates Earnings Guidance for the Year 2025Leggett & Platt updated earnings guidance for the year 2025. For the year, the company now expects sales to be $3.9 billion to $4.2 billion against $4.0 billion to $4.3 billion in Previous Guidance and EPS to be $1.43 - $1.72 against $0.88–$1.17 in prior guidance.
お知らせ • Aug 01Leggett & Platt Updates Earnings Guidance for the Year 2025Leggett & Platt updated earnings guidance for the year 2025. For the year, the company expects sales to be $4.0–$4.3 billion, down 2% to 9% versus 2024 and EPS to be $0.88–$1.17 (versus prior guidance of $0.85–$1.26).
お知らせ • Apr 29Leggett & Platt, Incorporated Provides Earnings Guidance for the Year 2025Leggett & Platt, Incorporated provided earnings guidance for the year 2025. For the period, Sales are expected to be $4.0 billion–$4.3 billion, down 2% to 9% versus 2024. Volume is now expected to be down low to high-single digits (versus prior guidance of down low to mid-single digits). EPS is expected to be $0.85–$1.26.
お知らせ • Feb 14Leggett & Platt, Incorporated Provides Financial Guidance for the Full Year of 2025Leggett & Platt, Incorporated provides financial guidance for the full year of 2025. For the period, the company expects sales to be $4.0–$4.3 billion, down 2% to 9% versus 2024. Volume is expected to be down low to mid-single digits. EPS is expected to be $0.83–$1.24.
Declared Dividend • May 25First quarter dividend of US$0.05 announcedShareholders will receive a dividend of US$0.05. Ex-date: 15th June 2026 Payment date: 15th July 2026 Dividend yield will be 2.1%, which is lower than the industry average of 2.5%. Sustainability & Growth Dividend is well covered by both earnings (12% earnings payout ratio) and cash flows (13% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 11% over the next 3 years. However, it would need to fall by 86% to increase the payout ratio to a potentially unsustainable range.
お知らせ • May 23Leggett & Platt, Incorporated announces Quarterly dividend, payable on July 15, 2026Leggett & Platt, Incorporated announced Quarterly dividend of USD 0.0500 per share payable on July 15, 2026, ex-date on June 15, 2026 and record date on June 15, 2026.
Board Change • May 20Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 4 highly experienced directors. Independent Director Angela Barbee was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 23Leggett & Platt, Incorporated to Report Q1, 2026 Results on May 07, 2026Leggett & Platt, Incorporated announced that they will report Q1, 2026 results Pre-Market on May 07, 2026
お知らせ • Apr 08Leggett & Platt, Incorporated, Annual General Meeting, May 21, 2026Leggett & Platt, Incorporated, Annual General Meeting, May 21, 2026. Location: register.proxypush.com/leg, United States
お知らせ • Feb 26Leggett & Platt, Incorporated Declares Dividend for the First Quarter of 2026, Payable on April 15, 2026Leggett & Platt's Board of Directors declared a dividend of $0.05 per share for the first quarter of 2026. The dividend will be paid on April 15, 2026 to shareholders of record on March 13, 2026.
お知らせ • Feb 12Leggett & Platt, Incorporated Provides Earnings Guidance for the Year 2026Leggett & Platt, Incorporated provided earnings guidance for the year 2026. For the year, the company's sales are expected to be $3.8 billion to $4.0 billion, down 1% to 6% versus 2025; Volume is expected to be flat to down low-single digits EPS is expected to be $0.92 to $1.38.
お知らせ • Jan 29Leggett & Platt, Incorporated to Report Q4, 2025 Results on Feb 11, 2026Leggett & Platt, Incorporated announced that they will report Q4, 2025 results After-Market on Feb 11, 2026
お知らせ • Dec 01Somnigroup International Inc. (NYSE:SGI) proposed to acquire Leggett & Platt, Incorporated (NYSE:LEG) for $1.6 billion.Somnigroup International Inc. (NYSE:SGI) proposed to acquire Leggett & Platt, Incorporated (NYSE:LEG) for $1.6 billion on December 1, 2025. As per the transaction, most of the Leggett & Platt’s management team and employees will be retained. As per the transaction, Leggett & Platt shareholders would receive shares of Somnigroup common stock with a market value of $12.00 for every one share of Leggett & Platt common stock, based on a fixed exchange ratio to be agreed. The transaction is subject to approval by regulatory board / committee, approval of merger agreement by target board, approval of offer by acquirer board, approval of offer by target shareholders and consummation of due diligence investigation. Goldman Sachs & Co. LLC acted as financial advisor for Somnigroup International Inc. Cleary Gottlieb Steen & Hamilton LLP acted as legal advisor for Somnigroup International Inc.
お知らせ • Nov 06Leggett & Platt, Incorporated Announces Dividend for Fourth Quarter 2025, Payable on January 15, 2026Leggett & Platt, Incorporated announced board of Directors declared a dividend of $0.05 per share for the fourth quarter of 2025. The dividend will be paid on January 15, 2026 to shareholders of record on December 15, 2025.
お知らせ • Oct 28Leggett & Platt, Incorporated Updates Earnings Guidance for the Year 2025Leggett & Platt, Incorporated updated earnings guidance for the year 2025. Sales are now expected to be $4.0–$4.1 billion (versus $3.9–$4.2 billion previously), down 6% to 9% versus 2024. EPS is now expected to be $1.52–$1.72 (versus $1.43–$1.72 previously). EBIT margin is expected to be 8.4%–9.0%.
お知らせ • Sep 29Leggett & Platt, Incorporated to Report Q3, 2025 Results on Oct 27, 2025Leggett & Platt, Incorporated announced that they will report Q3, 2025 results After-Market on Oct 27, 2025
お知らせ • Aug 29Leggett & Platt Updates Earnings Guidance for the Year 2025Leggett & Platt updated earnings guidance for the year 2025. For the year, the company now expects sales to be $3.9 billion to $4.2 billion against $4.0 billion to $4.3 billion in Previous Guidance and EPS to be $1.43 - $1.72 against $0.88–$1.17 in prior guidance.
お知らせ • Aug 07Leggett & Platt, Incorporated Declares Dividend for the Third Quarter of 2025, Payable on October 15, 2025Leggett & Platt, Incorporated declared a dividend of $0.05 per share for the third quarter of 2025. The dividend will be paid on October 15, 2025 to shareholders of record on September 15, 2025.
お知らせ • Aug 01Leggett & Platt Updates Earnings Guidance for the Year 2025Leggett & Platt updated earnings guidance for the year 2025. For the year, the company expects sales to be $4.0–$4.3 billion, down 2% to 9% versus 2024 and EPS to be $0.88–$1.17 (versus prior guidance of $0.85–$1.26).
お知らせ • Jul 17Leggett & Platt, Incorporated to Report Q2, 2025 Results on Jul 31, 2025Leggett & Platt, Incorporated announced that they will report Q2, 2025 results After-Market on Jul 31, 2025
お知らせ • Jun 30+ 4 more updatesLeggett & Platt, Incorporated(NYSE:LEG) dropped from Russell Midcap Value IndexLeggett & Platt, Incorporated(NYSE:LEG) dropped from Russell Midcap Value Index
お知らせ • May 07Leggett & Platt Declares Quarterly Dividend, Payable on July 15, 2025Leggett & Platt's Board of Directors declared a dividend of $0.05 per share for the second quarter 2025. The dividend will be paid on July 15, 2025 to shareholders of record on June 13, 2025.
お知らせ • Apr 29Leggett & Platt, Incorporated Provides Earnings Guidance for the Year 2025Leggett & Platt, Incorporated provided earnings guidance for the year 2025. For the period, Sales are expected to be $4.0 billion–$4.3 billion, down 2% to 9% versus 2024. Volume is now expected to be down low to high-single digits (versus prior guidance of down low to mid-single digits). EPS is expected to be $0.85–$1.26.
お知らせ • Apr 15Leggett & Platt, Incorporated to Report Q1, 2025 Results on Apr 28, 2025Leggett & Platt, Incorporated announced that they will report Q1, 2025 results After-Market on Apr 28, 2025
お知らせ • Apr 04Funds managed by Tinicum Incorporated entered into a purchase agreement to acquire Aerospace Products Group from Leggett & Platt, Incorporated (NYSE:LEG) for approximately $290 million.Funds managed by Tinicum Incorporated entered into a purchase agreement to acquire Aerospace Products Group from Leggett & Platt, Incorporated (NYSE:LEG) for approximately $290 million on April 2, 2025. A cash consideration of $285 million will be paid by Tinicum Incorporated. In case of termination of transaction, Tinicum Incorporated will pay a termination fee of $14.25 million, and certain fees and costs as Leggett’s sole remedy. The business is comprised of seven manufacturing facilities located in the U.S., UK, and France and approximately 700 employees. For the period ending December 31, 2024, Aerospace Products Group of Leggett & Platt, Incorporated reported total revenue of $190 million. The Purchaser have secured committed financing subject to customary conditions, consisting of a combination of equity financing to be provided by investment funds affiliated with Tinicum and debt financing to be provided by a third-party lender. This divestiture is part of the ongoing strategic business review, aimed at determining which businesses are the right long-term fit for the company. The sale of Leggett’s Aerospace Products Group was approved by Leggett’s Board of Directors. The transaction is expected to close in 2025 as soon as all closing conditions are met, including necessary regulatory approvals. The after-tax cash proceeds are expected to be approximately $240 million. Lazard Freres & Co. LLC acted as financial advisor for Leggett & Platt, Incorporated. Paul K. Humphreys of Freshfields US LLP acted as legal advisor for Leggett & Platt, Incorporated. John LeClaire, Chris Wilson, and Lindsay Reed of Goodwin Procter LLP acted as legal advisor for Tinicum Incorporated.
お知らせ • Mar 03Leggett & Platt, Incorporated, Annual General Meeting, May 07, 2025Leggett & Platt, Incorporated, Annual General Meeting, May 07, 2025.
お知らせ • Feb 27Leggett & Platt Declares Quarterly Dividend for the First Quarter 2025, Payable on April 15, 2025Leggett & Platt's Board of Directors declared a dividend of $0.05 per share for the first quarter 2025. The dividend will be paid on April 15, 2025 to shareholders of record on March 14, 2025.
お知らせ • Feb 15Leggett & Platt, Incorporated Announces Executive ChangesOn February 13, 2025, Karl G. Glassman, the Leggett & Platt, Incorporated's President and Chief Executive Officer, ceased serving as the acting, temporary segment manager of the Company’s Specialized Products segment. Mr. Glassman will continue to serve as Board Chairman, and President and Chief Executive Officer of the Company. On this same date, the Company appointed R. Samuel Smith, Jr. to serve as President of the Specialized Products segment. In addition to his new responsibilities, Mr. Smith will continue to serve as Executive Vice President, President of the Furniture, Flooring and Textile Products segment.
お知らせ • Feb 14Leggett & Platt, Incorporated Provides Financial Guidance for the Full Year of 2025Leggett & Platt, Incorporated provides financial guidance for the full year of 2025. For the period, the company expects sales to be $4.0–$4.3 billion, down 2% to 9% versus 2024. Volume is expected to be down low to mid-single digits. EPS is expected to be $0.83–$1.24.
お知らせ • Jan 28Leggett & Platt, Incorporated to Report Q4, 2024 Results on Feb 13, 2025Leggett & Platt, Incorporated announced that they will report Q4, 2024 results After-Market on Feb 13, 2025
Declared Dividend • Nov 11Third quarter dividend of US$0.05 announcedShareholders will receive a dividend of US$0.05. Ex-date: 13th December 2024 Payment date: 15th January 2025 Dividend yield will be 5.0%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (11% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments.
お知らせ • Nov 08Leggett & Platt, Incorporated Declares Dividend for the Fourth Quarter 2024, Payable on January 15, 2025Leggett & Platt's Board of Directors declared a dividend of $0.05 per share for the fourth quarter 2024. The dividend will be paid on January 15, 2025 to shareholders of record on December 13, 2024.
Reported Earnings • Oct 29Third quarter 2024 earnings released: EPS: US$0.33 (vs US$0.39 in 3Q 2023)Third quarter 2024 results: EPS: US$0.33 (down from US$0.39 in 3Q 2023). Revenue: US$1.10b (down 6.3% from 3Q 2023). Net income: US$44.9m (down 15% from 3Q 2023). Profit margin: 4.1% (down from 4.5% in 3Q 2023). Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.
お知らせ • Oct 29+ 1 more updateLeggett & Platt, Incorporated Provides Earnings Guidance for the Fourth Quarter of 2024Leggett & Platt, Incorporated provided earnings guidance for the fourth quarter of 2024. For the period, Company expects Sales of $973 million – $1,073 million. EPS of $0.12 – $0.27.
お知らせ • Oct 15Leggett & Platt, Incorporated to Report Q3, 2024 Results on Oct 28, 2024Leggett & Platt, Incorporated announced that they will report Q3, 2024 results After-Market on Oct 28, 2024
Upcoming Dividend • Sep 06Upcoming dividend of US$0.05 per shareEligible shareholders must have bought the stock before 13 September 2024. Payment date: 15 October 2024. The company is not currently making a profit and its cash payout ratio is 84%. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (4.1%).
Declared Dividend • Aug 12Second quarter dividend of US$0.05 announcedShareholders will receive a dividend of US$0.05. Ex-date: 13th September 2024 Payment date: 15th October 2024 Dividend yield will be 8.2%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (9% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments.
お知らせ • Aug 08Leggett & Platt, Incorporated Declares Dividend for the Third Quarter 2024, Payable on October 15, 2024Leggett & Platt's Board of Directors declared a dividend of $0.05 per share for the third quarter 2024. The dividend will be paid on October 15, 2024 to shareholders of record on September 13, 2024.
お知らせ • Aug 03+ 1 more updateLeggett & Platt, Incorporated Reports Goodwill Impairment for the Second Quarter Ended June 30, 2024Leggett & Platt, Incorporated reported goodwill impairment for the second quarter ended June 30, 2024. For the quarter, the company reported a non-cash goodwill impairment charge of $675.3 million.
Reported Earnings • Aug 02Second quarter 2024 earnings released: US$4.39 loss per share (vs US$0.40 profit in 2Q 2023)Second quarter 2024 results: US$4.39 loss per share (down from US$0.40 profit in 2Q 2023). Revenue: US$1.13b (down 7.6% from 2Q 2023). Net loss: US$602.2m (down US$656.4m from profit in 2Q 2023). Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Consumer Durables industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance.
お知らせ • Jul 18Leggett & Platt, Incorporated to Report Q2, 2024 Results on Aug 01, 2024Leggett & Platt, Incorporated announced that they will report Q2, 2024 results After-Market on Aug 01, 2024
Buy Or Sell Opportunity • Jul 01Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 39% to €10.70. The fair value is estimated to be €13.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making.
Buy Or Sell Opportunity • Jun 27Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 41% to €10.46. The fair value is estimated to be €13.76, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making.
Upcoming Dividend • Jun 07Upcoming dividend of US$0.05 per shareEligible shareholders must have bought the stock before 14 June 2024. Payment date: 15 July 2024. The company is not currently making a profit and its cash payout ratio is 83%. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (4.0%).
Recent Insider Transactions • Jun 05President recently bought €252k worth of stockOn the 31st of May, Karl Glassman bought around 24k shares on-market at roughly €10.58 per share. This transaction amounted to 2.1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Karl's only on-market trade for the last 12 months.
お知らせ • May 23Leggett & Platt, Incorporated Announces Chief Executive Officer ChangesLeggett & Platt, Incorporated announced that its Board of Directors has appointed Karl Glassman as Chief Executive Officer, effective immediately. Karl will continue to serve as Board Chairman. This follows the decision by Mitch Dolloff to resign as Chief Executive Officer also effective immediately, having mutually agreed with the Board that now is the right time for a change in leadership at Leggett & Platt. Mitch will serve in a consulting capacity for one year to assist in the transition. Karl has served as an executive director and non-executive director on the Leggett & Platt Board since 2002, and previously served as CEO from 2016 to 2021. Karl has served in other various leadership capacities with the Company over his 42-year tenure, including Chief Operating Officer and President of the former Residential Furnishings segment.
Buy Or Sell Opportunity • May 23Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 44% to €10.50. The fair value is estimated to be €13.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making.
お知らせ • May 23Leggett & Platt Announces Management ChangesLeggett & Platt announced that its Board of Directors has appointed Karl Glassman as President effective immediately. Karl will continue to serve as Board Chairman. This follows the decision by Mitch Dolloff to resign as President and member the Board, also effective immediately, having mutually agreed with the Board that now is the right time for a change in leadership at Leggett & Platt. Mitch will serve in a consulting capacity for one year to assist in the transition. Karl has served as an executive director and non-executive director on the Leggett & Platt Board since 2002, and previously served as CEO from 2016 to 2021. Karl has served in other various leadership capacities with the Company over his 42-year tenure, including Chief Operating Officer and President of the former Residential Furnishings segment.
Declared Dividend • May 06First quarter dividend of US$0.05 announcedShareholders will receive a dividend of US$0.05. Ex-date: 14th June 2024 Payment date: 15th July 2024 Dividend yield will be 10%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is covered by cash flows (84% cash payout ratio). The dividend has increased by an average of 4.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability.
お知らせ • May 01Leggett & Platt, Incorporated Declares Dividend for the Second Quarter of 2024, Payable on July 15, 2024The Board of Directors of Leggett & Platt, Incorporated declared a dividend of $0.05 per share for the second quarter of 2024, a decrease of $0.41 per share versus last year's second quarter dividend. Dividend will be paid on July 15, 2024 to shareholders of record on June 14, 2024.
Reported Earnings • May 01First quarter 2024 earnings released: EPS: US$0.23 (vs US$0.39 in 1Q 2023)First quarter 2024 results: EPS: US$0.23 (down from US$0.39 in 1Q 2023). Revenue: US$1.10b (down 9.6% from 1Q 2023). Net income: US$31.6m (down 41% from 1Q 2023). Profit margin: 2.9% (down from 4.4% in 1Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 5.3% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings.
お知らせ • May 01Leggett & Platt, Incorporated Reaffirms Earnings Guidance for the Full Year 2024Leggett & Platt, Incorporated reaffirmed earnings guidance for the full year 2024. For the period, the company sales are expected to be $4.35 billion to $4.65 billion, -2% to -8% versus 2023. EPS is expected to be $0.95 to $1.25.
Buy Or Sell Opportunity • Apr 22Now 24% overvaluedOver the last 90 days, the stock has fallen 16% to €17.90. The fair value is estimated to be €14.43, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.6% over the last 3 years. Meanwhile, the company became loss making.
お知らせ • Apr 17Leggett & Platt, Incorporated to Report Q1, 2024 Results on May 01, 2024Leggett & Platt, Incorporated announced that they will report Q1, 2024 results After-Market on May 01, 2024
Board Change • Apr 16Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 5 highly experienced directors. Independent Director Angela Barbee was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Mar 29Leggett & Platt, Incorporated, Annual General Meeting, May 08, 2024Leggett & Platt, Incorporated, Annual General Meeting, May 08, 2024, at 10:00 Central Standard Time. Agenda: To consider and approve the election of director; to consider and approve the Pricewaterhousecoopers LLP as company's independent public accounting firm; to consider and approve the amendment of the flexible stock plan; and to consider and approve any other matters.
お知らせ • Feb 28+ 1 more updateLeggett & Platt Announces Executive ChangesLeggett & Platt announced that Steve Henderson, Executive Vice President and President of the Specialized Products and Furniture, Flooring & Textile Products segments, will retire effective April 1, 2024. Steve joined the Company in 2017 as President of the Automotive group and was appointed to President of the Specialized Products and Furniture, Flooring & Textile Products segments in 2020. Sam Smith will assume the role of Senior Vice President and President of the Furniture, Flooring & Textile Products segment effective April 2, 2024, while Mitch Dolloff will oversee the Specialized Products segment on an interim basis. Sam Smith joined Leggett in 2014 and has held several operational roles of increasing responsibility within Home Furniture group. In 2020, he was promoted to President of Home Furniture. Prior to joining Leggett, Sam held various leadership, sales, and engineering roles at other manufacturing and service companies. Ryan Kleiboeker was promoted to Executive Vice President and Chief Strategic Planning Officer effective February 26, 2024. Ryan joined the Company in 2005 and spent eleven years in Corporate Development, evaluating and executing acquisition and divestiture transactions and supporting strategic planning activities. In 2016, he began working with the Specialized Products and Furniture, Flooring and Textile Products segments on a variety of financial, strategic, and operational initiatives. In 2020, Ryan assumed the role of Vice President – Corporate Development and Financial Planning. In June 2023, he was promoted to Senior Vice President and Chief Strategic Planning Officer and expanded his role to oversee the Company's strategy, financial planning and analysis, mergers and acquisitions, and investor relations functions.
お知らせ • Feb 11Leggett & Platt, Incorporated Reports Long-Lived Asset Impairment for the Fourth Quarter of 2023Leggett & Platt, Incorporated reported long-lived asset impairment for the fourth quarter of 2023. For the quarter, the company reported long-lived asset impairment of $443.7 million.
お知らせ • Feb 09Leggett & Platt, Incorporated Provides Earnings Guidance for the Year 2024Leggett & Platt, Incorporated provided earnings guidance for the year 2024. For the year, the company expects sales are expected to be $4.35–$4.65 billion, -2% to -8% versus 2023. EPS is expected to be $.95–$1.25.
お知らせ • Jan 17Leggett & Platt, Incorporated to Report Fiscal Year 2023 Results on Feb 08, 2024Leggett & Platt, Incorporated announced that they will report fiscal year 2023 results on Feb 08, 2024
お知らせ • Jan 16Leggett & Platt, Incorporated Announces Restructuring Plan to Drive Improved Performance and Profitable GrowthLeggett & Platt, Incorporated announced that it is implementing a Restructuring Plan primarily in its Bedding Products segment and to a lesser extent, in its Furniture, Flooring & Textile Products segment. In response to evolving markets, the Company is taking actions to improve manufacturing and distribution efficiency, advance its product strategy, and further support citstomer needs. These actions are expected to generate $40 to $50 million in EBIT benefit on an annualized run-rate basis when fully implemented in late 2025. The major Bedding Products initiatives that are part of the its Plan include: Refocitsing Strategy: The company are continuing to reshape its Bedding Products bitsiness to focits on innovative, higher-value content, driven by citstomer and end-consumer needs. The company are proud of its long history of providing product solutions its citstomers value and see further opportunities to do so in both innersprings and specialty foam, from components to private label finished goods. Optimizing Manufacturing and Distribution Footprint: The company plan to consolidate certain locations across the Bedding Products segment, reducing its manufacturing and distribution footprint of 50 facilities to approximately 30 to 35 facilities. Creating a new and more efficient regional distribution network will support its ability to maintain sufficient manufacturing capacity in fewer, higher-output facilities to effectively serve its citstomers and better align with anticipated future market demand. These actions should allow its to integrate its specialty foam and innerspring capabilities while maintaining market- leading service and product quality levels and improving overall efficiency. The initiatives outlined above are expected to enable profitable growth through expanded product capabilities and increased content at attractive price points, reduce costs, and create shareholder value. In Furniture, Flooring & Textile Products the company plan to consolidate a small number of production facilities in Home Furniture and Flooring Products to better align capacity with regional demand and drive operating efficiencies. total, the initiatives are expected to reduce annual sales by approximately $100 million and generate $40 to $50 million in EBIT benefit on an annualized run-rate basis when fully implemented in late 2025, with some of the benefit starting to be realized in the second half of 2024. Additionally, The company anticipates receiving approximately $60 to $80 million in net cash proceeds from the sale of real estate associated with the initiatives, with transactions largely complete by the end of 2025. The company expects to incur restructuring and restructuring-related costs of $65 to $85 million, of which approximately half are anticipated to be incurred in 2024 and the remainder in 2025. This includes $30 to $40 million in cash costs, the majority of which are anticipated to be incurred in 2024. In the first half of 2024, The company anticipates $20 to $25 million of restructuring and restructuring-related costs (approximately half in cash costs).
Valuation Update With 7 Day Price Move • Dec 08Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €24.39, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 11x in the Consumer Durables industry in Europe. Total loss to shareholders of 20% over the past three years.
Upcoming Dividend • Dec 07Upcoming dividend of US$0.46 per share at 7.1% yieldEligible shareholders must have bought the stock before 14 December 2023. Payment date: 12 January 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 7.1%. Within top quartile of German dividend payers (5.2%). Higher than average of industry peers (4.7%).
お知らせ • Nov 09Leggett & Platt Announces Quarterly Dividend, Will Be Paid on January 12, 2024Leggett & Platt's Board of Directors announced a dividend of $0.46 per share for the fourth quarter, an increase of $0.02 per share or 4.5% versus the fourth quarter of 2022. The dividend will be paid on January 12, 2024 to shareholders of record on December 15, 2023.
Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: US$0.39 (vs US$0.53 in 3Q 2022)Third quarter 2023 results: EPS: US$0.39 (down from US$0.53 in 3Q 2022). Revenue: US$1.18b (down 9.2% from 3Q 2022). Net income: US$52.8m (down 26% from 3Q 2022). Profit margin: 4.5% (down from 5.5% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings.
お知らせ • Oct 31+ 1 more updateLeggett & Platt, Incorporated Revises Earnings Guidance for the Full Year 2023Leggett & Platt, Incorporated revised earnings guidance for the full year 2023. Full year 2023 sales and EPS guidance lowered. Sales are expected to be $4.7 billion to $4.75 billion, -8% to -9% versus 2022. EPS is expected to be $1.45–$1.55. Prior guidance: Sales: Sales: $4.75 billion to $4.95 billion; EPS: $1.50–$1.70.
お知らせ • Oct 18Leggett & Platt, Incorporated to Report Q3, 2023 Results on Oct 30, 2023Leggett & Platt, Incorporated announced that they will report Q3, 2023 results After-Market on Oct 30, 2023
Upcoming Dividend • Sep 07Upcoming dividend of US$0.46 per share at 6.8% yieldEligible shareholders must have bought the stock before 14 September 2023. Payment date: 13 October 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 6.8%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (5.4%).
お知らせ • Aug 09Leggett & Platt, Incorporated Announces Dividend for the Third Quarter of 2023, Payable on October 13, 2023The Board of Directors of Leggett & Platt, Incorporated announced a dividend of $0.46 per share for the third quarter, an increase of $0.02 per share or 4.5% versus the third quarter of 2022. The dividend will be paid on October 13, 2023 to shareholders of record on September 15, 2023.
New Risk • Aug 01New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.7% Last year net profit margin: 7.3% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks High level of debt (105% net debt to equity). Profit margins are more than 30% lower than last year (4.7% net profit margin).
Reported Earnings • Aug 01Second quarter 2023 earnings released: EPS: US$0.40 (vs US$0.70 in 2Q 2022)Second quarter 2023 results: EPS: US$0.40 (down from US$0.70 in 2Q 2022). Revenue: US$1.22b (down 8.5% from 2Q 2022). Net income: US$54.2m (down 43% from 2Q 2022). Profit margin: 4.4% (down from 7.1% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
お知らせ • Aug 01Leggett & Platt, Incorporated Revises Earnings Guidance for the Year 2023Leggett & Platt, Incorporated revised earnings guidance for the year 2023. Full year 2023 sales and EPS guidance lowered. Sales are expected to be $4.75–$4.95 billion, -4% to -8% versus 2022. EPS is expected to be $1.50–$1.70. Prior guidance: Sales: $4.8–$5.2 billion; EPS: $1.50–$1.90.
お知らせ • Jul 18Leggett & Platt, Incorporated to Report Q2, 2023 Results on Jul 31, 2023Leggett & Platt, Incorporated announced that they will report Q2, 2023 results on Jul 31, 2023
お知らせ • Jun 23+ 1 more updateLeggett & Platt Announces Executive ChangesLeggett & Platt announced that its Board of Directors appointed Benjamin M. Burns as Executive Vice President effective June 21, 2023. Ben replaces Jeffrey L. Tate, who departed from his position effective the same day. Ben joined Leggett in 2003 in the Internal Audit department and was appointed Vice President – Internal Audit in 2012, Vice President and Treasurer in 2017, Vice President – Business Support Services in 2019, Senior Vice President in 2022, and Executive Vice President in 2023. He is a Certified Public Accountant and a Certified Fraud Examiner, with a bachelor's degree in accounting and an MBA from Pittsburg State University.
Upcoming Dividend • Jun 07Upcoming dividend of US$0.46 per share at 5.8% yieldEligible shareholders must have bought the stock before 14 June 2023. Payment date: 14 July 2023. Payout ratio is on the higher end at 88%, however this is supported by cash flows. Trailing yield: 5.8%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.8%).
Recent Insider Transactions • May 25Independent Director recently sold €182k worth of stockOn the 23rd of May, Phoebe Wood sold around 6k shares on-market at roughly €30.27 per share. This transaction amounted to 10% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €882k. Insiders have been net sellers, collectively disposing of €2.3m more than they bought in the last 12 months.
お知らせ • May 06+ 1 more updateLeggett & Platt, Incorporated Announces Changes to Board of DirectorsLeggett & Platt's annual meeting of shareholders was held this day. As previously announced, Karl Glassman retired as an executive officer of the Company, effective immediately, and will continue to serve as Chairman of the Board of Directors. Karl was appointed Executive Chairman of the Board following his retirement as the Company's CEO on December 31, 2021, a position he held since 2016. Karl was first appointed Chairman of the Board in 2020. In addition, Judy Odom retired from the Board of Directors, effective immediate, at the conclusion of her current term. Judy has been a director since 2002 and served on the Human Resources and Compensation Committee and Nominating, Governance and Sustainability Committee and as the Lead Independent Director.
Reported Earnings • May 03First quarter 2023 earnings released: EPS: US$0.39 (vs US$0.66 in 1Q 2022)First quarter 2023 results: EPS: US$0.39 (down from US$0.66 in 1Q 2022). Revenue: US$1.21b (down 8.2% from 1Q 2022). Net income: US$53.5m (down 41% from 1Q 2022). Profit margin: 4.4% (down from 6.8% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Mar 07Upcoming dividend of US$0.44 per share at 5.2% yieldEligible shareholders must have bought the stock before 14 March 2023. Payment date: 14 April 2023. Payout ratio is on the higher end at 76%, however this is supported by cash flows. Trailing yield: 5.2%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (3.9%).
Recent Insider Transactions • Mar 02Senior VP recently sold €882k worth of stockOn the 28th of February, Scott Douglas sold around 27k shares on-market at roughly €32.68 per share. This transaction amounted to 34% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €2.1m more than they bought in the last 12 months.
Reported Earnings • Feb 07Full year 2022 earnings released: EPS: US$2.28 (vs US$2.95 in FY 2021)Full year 2022 results: EPS: US$2.28 (down from US$2.95 in FY 2021). Revenue: US$5.15b (up 1.5% from FY 2021). Net income: US$309.8m (down 23% from FY 2021). Profit margin: 6.0% (down from 7.9% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
お知らせ • Feb 07Leggett & Platt, Incorporated Provides Earnings Guidance for the First Quarter and Full Year of 2023Leggett & Platt, Incorporated provided earnings guidance for the first quarter and full year of 2023. For the year 2023, the company’s sales are expected to be $4.8–$5.2 billion, -7% to +1% versus 2022; EPS is expected to be $1.50–$1.90.First quarter 2023 earnings expected to be down meaningfully vs fourth quarter 2022.
Board Change • Feb 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 6 highly experienced directors. Independent Director Angela Barbee was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Buying Opportunity • Dec 14Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 14%. The fair value is estimated to be €40.02, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.1% over the last 3 years. Earnings per share has grown by 14%. For the next 3 years, revenue is forecast to grow by 0.8% per annum. Earnings is forecast to decline by 0.009% per annum over the same time period.
Upcoming Dividend • Dec 07Upcoming dividend of US$0.44 per shareEligible shareholders must have bought the stock before 14 December 2022. Payment date: 13 January 2023. Payout ratio is a comfortable 65% and the cash payout ratio is 79%. Trailing yield: 5.0%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (4.4%).
Reported Earnings • Nov 02Third quarter 2022 earnings released: EPS: US$0.53 (vs US$0.71 in 3Q 2021)Third quarter 2022 results: EPS: US$0.53 (down from US$0.71 in 3Q 2021). Revenue: US$1.29b (down 1.9% from 3Q 2021). Net income: US$71.4m (down 27% from 3Q 2021). Profit margin: 5.5% (down from 7.4% in 3Q 2021). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
お知らせ • Nov 01Leggett & Platt, Incorporated to Report Q4, 2022 Results on Feb 06, 2023Leggett & Platt, Incorporated announced that they will report Q4, 2022 results on Feb 06, 2023
Upcoming Dividend • Sep 07Upcoming dividend of US$0.44 per shareEligible shareholders must have bought the stock before 14 September 2022. Payment date: 14 October 2022. Payout ratio is a comfortable 60% and the cash payout ratio is 83%. Trailing yield: 4.8%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (3.8%).
Recent Insider Transactions • Aug 09Executive Chairman recently sold €1.1m worth of stockOn the 5th of August, Karl Glassman sold around 26k shares on-market at roughly €39.91 per share. This was the largest sale by an insider in the last 3 months. This was Karl's only on-market trade for the last 12 months.
Reported Earnings • Aug 02Second quarter 2022 earnings released: EPS: US$0.70 (vs US$0.82 in 2Q 2021)Second quarter 2022 results: EPS: US$0.70 (down from US$0.82 in 2Q 2021). Revenue: US$1.33b (up 5.1% from 2Q 2021). Net income: US$95.2m (down 15% from 2Q 2021). Profit margin: 7.1% (down from 8.8% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to stay flat compared to a 3.1% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jun 07Upcoming dividend of US$0.44 per shareEligible shareholders must have bought the stock before 14 June 2022. Payment date: 15 July 2022. Payout ratio is a comfortable 57% but the company is paying out more than the cash it is generating. Trailing yield: 4.5%. Within top quartile of German dividend payers (4.2%). Higher than average of industry peers (3.0%).
Recent Insider Transactions • Jun 03Independent Director recently sold €90k worth of stockOn the 1st of June, Phoebe Wood sold around 3k shares on-market at roughly €36.00 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €603k more than they bought in the last 12 months.
Reported Earnings • May 04First quarter 2022 earnings released: EPS: US$0.66 (vs US$0.64 in 1Q 2021)First quarter 2022 results: EPS: US$0.66 (up from US$0.64 in 1Q 2021). Revenue: US$1.32b (up 15% from 1Q 2021). Net income: US$90.4m (up 3.3% from 1Q 2021). Profit margin: 6.8% (down from 7.6% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 2.6%, compared to a 7.4% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.