Leggett & Platt Inc (LEG) Q2 2021 Earnings Call Transcript fool.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com Daily Mail and Mail on Sunday newspapers.
Leggett & Platt Reports Record 2Q Results prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
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Leggett & Platt : Reports Record 2Q Results marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.
Leggett & Platt Reports Record 1Q EBIT And EPS; Increases 2Q Dividend
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1Q sales increased 10% vs 1Q20, to $1.151 billion
1Q EPS was a first quarter record $.64, an increase of $.31 vs 1Q20 and an increase of $.24 vs adjusted
1 EPS in 1Q20
Increased 2021 guidance: sales of $4.8–$5.0 billion and EPS of $2.55–$2.75
Changed methodology for valuing domestic steel-related inventory from LIFO to FIFO
Diversified manufacturer Leggett & Platt reported
first quarter 2021 sales of $1.151 billion, a 10% increase versus first quarter last year.
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Volume was up 4%; strong demand in residential end markets and Automotive was partially offset by weakness in Aerospace
º Raw material-related selling price increases of 5% and currency benefit of 2% added to sales