Leggett & Platt Q1 sales fall 7% to $1.0 billion; adjusted EPS rises to $0.24
Leggett & Platt reported first-quarter 2025 sales of $1.0 billion, down 7% from a year earlier, with diluted EPS of $0.22 versus $0.23 and adjusted EPS of $0.24 versus $0.23. The company kept its 2025 sales and adjusted EPS guidance unchanged, but now expects domestic bedding industry conditions to be more challenged and volume to fall more than previously forecast.
Key points
- Q1 trade sales were $1,022.1 million, down 7% from $1,096.9 million; organic sales fell 7% and volume fell 5%.
- Diluted EPS was $0.22 versus $0.23 a year earlier; adjusted EPS was $0.24 versus $0.23.
- 2025 guidance held at sales of $4.0–$4.3 billion and adjusted EPS of $1.00–$1.20, while expected volume decline widened to low to high-single digits from low to mid-single digits.
- The company signed an agreement to sell its Aerospace business, which it expects to close this year.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 2:07 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 28, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.