NYSE:LEGConsumer Durables
Will Leggett & Platt's (LEG) Aerospace Exit Refocus Its Core Business for Greater Resilience?
Leggett & Platt recently reported quarterly revenues of US$1.04 billion, reflecting a 6% decline year-on-year but surpassing analyst expectations by 1.1%.
The company also completed the sale of its Aerospace business, highlighting a sharper focus on its core operations and a shift in its business strategy.
We’ll now explore how the Aerospace business sale informs Leggett & Platt’s investment narrative and core business outlook.
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