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Leggett & Platt Reports 2Q 2026 Results

PR Newswire•06/08/2026•06:30 ET
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* 2Q sales of $1.0 billion, a 6% decrease vs 2Q25, including a 5% decrease from divestitures * 2Q EPS of $.33, 2Q adjusted(1) EPS of $.39, a $.09 increase vs adjusted(1) 2Q25 EPS President and CEO Karl Glassman commented, "We are pleased with how our teams managed through a challenging environment in the second quarter. Our employees remained focused on disciplined execution and cost management which, along with favorable items that we do not expect to repeat in future quarters, contributed to improved adjusted earnings.

"Bedding industry conditions remain challenged both by sluggish consumer activity and continued consolidations and bankruptcies across the value chain. We estimate that U.S. mattress market units declined by low double digits in the second quarter, similar to the declines we saw in the first quarter. In our Bedding Products segment, continued strong performance of our trade rod and wire business partially offset the decline from lower mattress demand.

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