Global Systems Group and Waste-exit Offer Material Waste Removal Solutions

Global Systems Group and Waste-exit Offer Material Waste Removal Solutions

NEWS RELEASE WRITTEN BY LEGGETT & PLATT’S GLOBAL SYSTEMS GROUP AND PUBLISHED, UNEDITED, BY BEDTIMES Carthage, Missouri, March 16, 2017 — Waste-exit and Global Systems Group® (GSG), a division of Leggett & Platt Incorporated®, are pleased to announce their new partnership to serve the mattress industry. GSG has entered into agreement with Waste-exit to be […]

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 […]

Leggett & Platt’s Global Systems Group Partners With Quarrata Forniture Srl

Leggett & Platt’s Global Systems Group Partners With Quarrata Forniture Srl

Leggett & Platt Inc.’s machinery division, Global Systems Group, now is the global sales agent for gluing machinery manufacturer Quarrata Forniture Srl, based in Quarrata, Italy. GSG will market Quarrata’s lineup of advanced roll-coat and spray-coat machinery, heat-dryer equipment and other systems to bedding manufacturers. Quarrata is an established company with a reputation for producing […]

Leggett & Platt Third-quarter Earnings Beat Estimates

Leggett & Platt Third-quarter Earnings Beat Estimates

Industry supplier Leggett & Platt Inc., with headquarters in Carthage, Missouri, reported 2016 third-quarter net income of $93.6 million, a 2.6% dip compared with the third quarter of 2015. Third-quarter earnings per share from continuing operations were flat at $0.67, yet beat analysts’ expectations of $0.62, according to Zacks Investment Research. Revenue declined 6% to […]

Leggett & Platt Research Shows RSAs Prefer Steel Foundations

Leggett & Platt Research Shows RSAs Prefer Steel Foundations

Original research conducted by Leggett & Platt Inc. shows that retail sales associates believe steel foundations are stronger than all-wood bases, according to the Carthage, Missouri-based industry supplier. In a June survey conducted with 100 RSAs, 76% said they prefer to sell steel foundations with a quality sleep set, 93% believe all-wood bases are low […]

Leggett & Platt Adds Creative Services VP Michael Margolies

Leggett & Platt Adds Creative Services VP Michael Margolies

Industry supplier Leggett & Platt Inc., based in Carthage, Missouri, has appointed Michael Margolies staff vice president managing the creative services department. Margolies most recently worked at Amazon.com as a studio manager overseeing commercial and advertising product photography. He previously led creative departments at both Macy’s and Cabela’s, where he managed projects, provided design services, […]

Leggett & Platt Earnings Climb in Second Quarter

BRIEFLY Second-quarter snapshot Net earnings $119.8 million Net earnings per share $0.87 Net sales $958.9 million Segment sales Commercial products -4% Industrial materials -25% Residential furnishings -6% Specialized products +9% In the second fiscal quarter of 2016, industry supplier Leggett & Platt Inc. reported net earnings of $119.8 million, a 53% increase compared with the […]

Leggett & Platt EPS Breaks First Quarter Earnings Record

Industry supplier Leggett & Platt announced first-quarter earnings per share of $0.63 on net earnings of $89.5, a 26% increase and 25% increase, respectively, compared with the first quarter of 2015. EPS represented a first-quarter record for the Carthage, Missouri-based company. First quarter sales declined 3% to $938 million due to raw material-related price deflation […]

Leggett & Platt to Close Colorado Springs Plant

Leggett & Platt to Close Colorado Springs Plant

Industry supplier Leggett & Platt Inc., headquartered in Carthage, Missouri, is closing its mattress spring plant in Colorado Springs, Colorado, on June 1. According to a story in the Denver Post, 64 workers will be laid off. In the story, Michael Altman, director of labor relations for L&P, said the company is consolidating its operations. […]

Leggett & Platt Reports Records Sales and Earnings in 2015

Leggett & Platt Reports Records Sales and Earnings in 2015

Industry supplier Leggett & Platt Inc., with headquarters in Carthage, Missouri, announced record sales and earnings in 2015. Full-year net income was $329.2 million, a 225% leap compared with 2014, which was impacted by losses from the discontinued store-fixtures business and a foam-litigation payout. Net sales from continuing operations rose 4% to $3.92 billion, and […]

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