LEG Q3 Deep Dive: Restructuring Progress and Demand Stabilization Shape Outlook

Leggett & Platt, a manufacturing company, reported its third quarter results for 2025, with revenue of $1.04 billion, slightly above expectations but down 6% year-over-year. Earnings per share matched forecasts at $0.29. Despite improved margins due to restructuring and cost-cutting, the company lowered its full-year revenue forecast to $4.05 billion, 1% below analyst projections. Challenges include weaker demand, inflation, and unpredictable consumer confidence, leading to cautious outlook and lower capital expenditures. The bedding segment saw volume increases, but tariffs and pricing pressures persist.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.