Leggett & Platt Q2 sales fall 6% to $1.0 billion; adjusted EPS rises to $.39
Leggett & Platt reported second-quarter 2026 trade sales of $999.7 million, down 6% from a year earlier, with reported EPS of $.33 versus $.38. Adjusted EPS rose to $.39 from $.30, helped by metal margin expansion, restructuring benefits and other items the company says mostly will not repeat. The company is being acquired by Somnigroup, and its shareholder vote is set for August 20, 2026.
Key points
- Trade sales of $999.7 million, down 6%; volume down 4% and organic sales down 1%
- Reported EPS of $.33 versus $.38 a year earlier; adjusted EPS of $.39 versus $.30
- Second-quarter operating cash flow of $45.8 million, down from $84.0 million
- Leggett & Platt shareholder approval is planned for the August 20, 2026 special meeting; 2026 guidance was withdrawn
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 August 06, 2026.
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.