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 […]

Leggett & Platt launches funny Web series about innersprings, of course

Industry supplier Leggett & Platt, based in Carthage, Missouri, has introduced a tongue-in-cheek, six-episode Web series to promote its Quantum Edge Steel Perimeter innerspring unit. The encased-coil unit, which launched several years ago, eliminates the need for foam encasements when constructing a mattress and is built to create a consistent sleep surface from edge to […]

Leggett & Platt EPS Sets Quarterly Record

BRIEFLY L&P third-quarter snapshot Sales from continuing operations $1.01 billion Earnings per share $0.67 Residential Furnishings Segment sales Down 1% Industrial Materials Segment sales Down 14% Industry supplier Leggett & Platt reported third-quarter sales from continuing operations of $1.01 billion, a 1% increase compared with the prior-year quarter, and a new quarterly record for the […]

Leggett & Platt reports record quarterly EPS

BRIEFLY Second-quarter snapshot Sales from continuing operations $997 million Earnings per share $0.54 Residential Furnishings Segment sales Up 10% Industrial Materials Segment sales Down 9% Industry supplier Leggett & Platt, with headquarters in Carthage, Missouri, reported sales from continuing operations for the second quarter of fiscal 2015 were $997 million, an increase of 4% when […]

Haffner to retire, Glassman assuming L&P CEO role

Haffner to retire, Glassman assuming L&P CEO role

David Haffner, chief executive officer and board chair of industry supplier Leggett & Platt Inc., will retire at the end of 2015. Karl Glassman, currently company president and chief operating officer, will assume the role of CEO Jan. 1, 2016. Haffner has been CEO of the Carthage, Missouri-based company since 2006 and chairman of the […]