Leggett & Platt's earnings call reflects a balanced outlook with successful restructuring and financial improvements, yet challenges persist in sales declines across key segments, particularly in Bedding Products and Home Furniture due to tariffs.

Company Guidance

During Leggett & Platt's second quarter 2025 earnings call, several key metrics and guidance elements were discussed. The company reported second quarter sales of $1.1 billion, a decrease of 6% compared to the same period in 2024, with declines in Bedding Products, Specialized Products, and Furniture, Flooring & Textile Products segments. Adjusted EBIT increased by $4 million to $76 million, with second quarter adjusted earnings per share at $0.30, up 3% from the previous year. Operating cash flow was $84 million, a decline of $10 million year-over-year. The company reduced total debt by $143 million, ending the quarter with $1.8 billion in debt and $878 million in liquidity. Leggett & Platt maintained its full-year 2025 sales guidance of $4.0 billion to $4.3 billion, with adjusted EPS expected to be between $1 and $1.20. The company anticipates completing restructuring activities by year-end, with expected restructuring costs reduced to $65 million to $75 million, providing a total annualized benefit of $60 million to $70 million.

Restructuring Progress and Financial Improvements

The company completed most of its restructuring plan, strengthening profitability and balance sheet. EBIT was $90 million with adjusted EBIT at $76 million, up $4 million year-over-year. Adjusted EPS increased by 3% to $0.30.

Reduction in Restructuring Costs

Estimated restructuring costs for 2025 have been reduced from $30-40 million to $15-25 million. Total restructuring costs are now projected at $65-75 million, down from $80-90 million.

Debt Reduction

Company reduced total debt by $143 million in the second quarter to $1.8 billion, improving net debt to trailing 12-month adjusted EBITDA to 3.5x.

Positive Impact of Tariffs

Recent tariff changes are seen as a net positive for the company, expected to benefit U.S. mattress demand and expanded metal margins.

Leggett & Platt (LEG) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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LEG Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 03, 2025	2025 (Q3)	0.31 / -	0.32	―	―	―
Jul 31, 2025	2025 (Q2)	0.30 / 0.30	0.29	3.45% (+0.01)
Apr 28, 2025	2025 (Q1)	0.22 / 0.24	0.23	4.35% (<+0.01)
Feb 13, 2025	2024 (Q4)	0.20 / 0.21	0.26	-19.23% (-0.05)
Oct 28, 2024	2024 (Q3)	0.32 / 0.32	0.36	-11.11% (-0.04)
Aug 01, 2024	2024 (Q2)	0.29 / 0.29	0.38	-23.68% (-0.09)
Apr 30, 2024	2024 (Q1)	0.24 / 0.23	0.39	-41.03% (-0.16)
Feb 08, 2024	2023 (Q4)	0.27 / 0.26	0.39	-33.33% (-0.13)
Oct 30, 2023	2023 (Q3)	0.39 / 0.36	0.52	-30.77% (-0.16)
Jul 31, 2023	2023 (Q2)	0.39 / 0.38	0.7	-45.71% (-0.32)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

LEG Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 31, 2025	$9.55	$8.08	-15.39%
Apr 28, 2025	$7.23	$9.52	+31.67%
Feb 13, 2025	$9.88	$10.33	+4.55%
Oct 28, 2024	$11.98	$12.46	+4.01%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Leggett & Platt (LEG) report earnings?

Leggett & Platt (LEG) is schdueled to report earning on Nov 03, 2025, After Close (Confirmed).

What is Leggett & Platt (LEG) earnings time?

Leggett & Platt (LEG) earnings time is at Nov 03, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is LEG EPS forecast?

LEG EPS forecast for the fiscal quarter 2025 (Q3) is 0.31.

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