4th-Quarter Mattress Sales Down, Revenues Up

4th-Quarter Mattress Sales Down, Revenues Up

U.S. mattress sales dipped in the fourth quarter of 2016, compared with the same three-month period in 2015, according to Bedding Market Quarterly, a sales trend report published by the International Sleep Products Association. Mattress sales and foundations decreased by 2.5%, yet wholesale revenues increased by 4.3%, compared with the same quarter last year. The […]

Leggett & Platt Reports Soft Fourth Quarter, Record Full-year EPS

Leggett & Platt Reports Soft Fourth Quarter, Record Full-year EPS

Carthage, Missouri-based industry supplier Leggett & Platt reports net income from operations for 2016 of $385.8 million, an 18.7% increase compared with 2015. Full-year sales were $3.75 billion, a 4% decline compared with the prior full-year results. Unit volume grew 2% and acquisitions contributed 1% to sales growth, but these were more than offset by […]