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Leggett & Platt is a pioneer of the steel coil bedspring, has become an international diversified manufacturer that conceives, designs and produces a wide range of engineering components and products for homes, offices and automobiles. The company’s continuing operations are organised into 17 business units, which are divided into 10 groups under 4 segments: Residential Products, Industrial Products, Furniture Products and Specialized Products. Founded in 1883, the firm now has more than 21 000 employee-partners and 130 manufacturing facilities located in 19 countries. Leggett & Platt is the leading U.S. producer of: bedding components, automotive seat support and lumbar systems, components for home furniture and work furniture, adjustable beds, carpet cushion, high-carbon drawn steel wire, and bedding industry machinery. Get all the latest on Leggett & Platt (LEG) share price at Capital.com.
The last of the Magnificent Seven have reported, delivering mixed results. Meanwhile, according to FactSet, the S&P 500 is set for negative earnings growth for Q4, with estimates for the next quarter also downgraded.
14:43, 2 February 2024
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