NYSE$LEG
Leggett & Platt Inc · Q2 2025 earnings
Q2 2025 earnings · · Before market open · Investor relations
Briefing
Leggett & Platt reported Q2 2025 net sales of $1.058 billion and net earnings of $52.5 million.
Leggett & Platt Inc delivered Q2 2025 trade sales of $1,058 million, down 6% year-over-year due to lower volumes in residential markets and restructuring attrition, partially offset by growth in certain product lines. The company achieved net earnings of $52.5 million and EBIT of $90.4 million, benefiting from the absence of prior-year goodwill impairments, metal margin expansion, and real estate gains. Operating cash flow for the first half reached $90.8 million amid ongoing portfolio simplification efforts including the pending Aerospace divestiture.
- Q2 trade sales declined 6% to $1,058 million with volume down 7% from weak residential demand and restructuring attrition.
- Net earnings improved to $52.5 million from a prior-year loss driven by absence of $675 million goodwill impairment.
- EBIT reached $90.4 million supported by metal margin expansion, $18 million real estate gain, and lower restructuring costs.
- Company entered agreement to sell Aerospace Products Group for $285 million cash, expected to close in 2025 subject to approvals.
Headline financials
Revenue & EPS history
Leggett & Platt · Revenue · Quarterly
$1.06B
Revenue by segment
Leggett & Platt · $1.06B total across 3 segments · Q2 2025
- Bedding Products$391M—37.0%
- Furniture, Flooring & Textile Products$363M—34.3%
- Specialized Products$304M—28.7%
Forward guidance
Company expects 2025 demand to remain below 2024 levels amid macroeconomic pressures and tariff uncertainty while progressing 2024 Restructuring Plan initiatives.
Tailwinds
- Restructuring plan on track with $27 million incremental EBIT benefit realized in first half.
- Metal margin expansion and real estate gains providing earnings support.
- Pending Aerospace divestiture expected to generate approximately $240 million after-tax proceeds.
Headwinds
- Continued weak residential end-market demand pressuring volumes.
- Tariff impacts creating uncertainty in supply chain and customer demand.
- Potential sales attrition of $45 million incremental in 2025 from restructuring.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports
-0.1%
Avg return
Earnings day
-1.0%
Avg return
5 days after
-1.5%
Avg return
30 days after
51%
35 / 68 earnings
Positive
+31.6%
Q1 2025
Best reaction
-27.7%
Q1 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2025 | — | — | — | |
| Q1 2026 | -2.3% | -8.7% | -2.8% | |
| Q4 2025 | -7.7% | -5.0% | -17.9% | |
| Q3 2025 | +15.1% | +1.7% | +10.5% | |
| Q1 2025 | +31.6% | +31.1% | +25.2% | |
| Q4 2024 | +4.5% | -0.7% | -18.9% | |
| Q3 2024 | +4.0% | -1.2% | +3.4% | |
| Q2 2024 | -1.3% | -3.2% | -4.0% | |
| Q1 2024 | -27.7% | -23.9% | -39.9% | |
| Q4 2023 | -11.6% | -14.0% | -11.6% | |
| Q3 2023 | +1.1% | +2.8% | -0.8% | |
| Q2 2023 | -0.7% | +2.7% | -7.0% | |
| Q1 2023 | +0.0% | +1.7% | -5.7% | |
| Q4 2022 | -6.5% | -9.0% | -10.8% | |
| Q3 2022 | -0.4% | -0.1% | +6.6% | |
| Q2 2022 | +0.1% | +2.2% | -3.6% | |
| Q1 2022 | +7.6% | +4.5% | +8.4% | |
| Q4 2021 | +1.4% | +0.9% | -2.4% | |
| Q3 2021 | -7.1% | -5.8% | -13.5% | |
| Q2 2021 | +1.6% | +0.3% | +0.5% | |
| Q1 2021 | +8.5% | +15.8% | +10.2% | |
| Q4 2020 | +0.0% | -1.6% | +14.6% | |
| Q3 2020 | -0.6% | -2.5% | +2.3% | |
| Q2 2020 | -5.3% | -2.3% | +8.7% | |
| Q1 2020 | -10.1% | -11.7% | +4.1% | |
| Q4 2019 | -0.1% | -5.3% | -14.9% | |
| Q3 2019 | +14.0% | +13.3% | +16.3% | |
| Q2 2019 | +2.5% | -2.0% | -6.8% | |
| Q1 2019 | -6.3% | -4.0% | -12.3% | |
| Q4 2018 | +9.5% | +6.1% | +10.0% | |
| Q3 2018 | -7.6% | -3.5% | +1.1% | |
| Q2 2018 | -1.3% | -2.5% | +1.1% | |
| Q1 2018 | -1.9% | -3.5% | -0.5% | |
| Q4 2017 | +1.2% | -1.7% | +0.0% | |
| Q3 2017 | +3.2% | -1.3% | -2.9% | |
| Q2 2017 | -4.3% | -7.2% | -12.6% | |
| Q1 2017 | -2.8% | -1.4% | -3.6% | |
| Q4 2016 | +0.7% | +2.8% | +5.3% | |
| Q3 2016 | +1.9% | +1.6% | +10.5% | |
| Q2 2016 | -1.8% | -4.4% | -3.4% | |
| Q1 2016 | +1.4% | — | — | |
| Q4 2015 | -1.7% | — | — | |
| Q3 2015 | +0.1% | — | — | |
| Q2 2015 | -4.0% | — | — | |
| Q1 2015 | +6.2% | — | — | |
| Q4 2014 | -4.2% | — | — | |
| Q3 2014 | +3.9% | — | — | |
| Q2 2014 | +2.0% | — | — | |
| Q1 2014 | -4.3% | — | — | |
| Q4 2013 | -1.7% | — | — | |
| Q3 2013 | +0.6% | — | — | |
| Q2 2013 | -2.6% | — | — | |
| Q1 2013 | -2.4% | — | — | |
| Q4 2012 | +0.1% | — | — | |
| Q3 2012 | +4.4% | — | — | |
| Q2 2012 | +3.6% | — | — | |
| Q1 2012 | -6.8% | — | — | |
| Q4 2008 | +1.8% | — | — | |
| Q4 2011 | +1.8% | — | — | |
| Q3 2011 | +1.2% | — | — | |
| Q2 2011 | -6.2% | — | — | |
| Q1 2010 | +0.2% | — | — | |
| Q1 2011 | -1.7% | — | — | |
| Q4 2010 | +2.5% | — | — | |
| Q3 2010 | +1.1% | — | — | |
| Q3 2009 | +1.1% | — | — | |
| Q2 2009 | -0.8% | — | — | |
| Q2 2010 | -0.8% | — | — | |
| Q4 2009 | -0.8% | — | — |
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