Leggett Platt Cuts FY22 Guidance Citing Macroeconomic Uncertainties
Leggett Platt Inc (NYSE: LEG ) reported second-quarter FY22 sales growth of 5% year-on-year to $1.33 billion, in line with the consensus. Organic sales rose 5%. Trade sales from Bedding products rose 1% Y|Y to $612.5 million, Specialized Products increased 8% to $260.1 million, and Furniture, Flooring Textile Products rose 10% to $461.6 million. Gross profit for the quarter was $268.4 million, … Full story available on Benzinga.com
Leggett Platt Cuts FY22 Guidance Citing Macroeconomic Uncertainties
Leggett Platt Inc (NYSE: LEG ) reported second-quarter FY22 sales growth of 5% year-on-year to $1.33 billion, in line with the consensus. Organic sales rose 5%. Trade sales from Bedding products rose 1% Y|Y to $612.5 million, Specialized Products increased 8% to $260.1 million, and Furniture, Flooring Textile Products rose 10% to $461.6 million. Gross profit for the quarter was $268.4 million, … Full story available on Benzinga.com