Leggett & Platt Q2 FY26 EPS drops 13.16% to $0.33; trade sales fall 6% to $1 billion - LEG News | RalliesLeggett & Platt Q2 FY26 EPS drops 13.16% to $0.33; trade sales fall 6% to $1 billion
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LEG• Acquisition update
- Leggett agreed to be acquired by Somnigroup in an all-stock deal; shareholders vote Aug. 20, 2026, after the HSR waiting period expired June 3.
Q2 results and first-half performance
- Leggett & Platt posted Q2 EPS of $0.33, down from $0.38 a year earlier; EBIT fell 11.4% to $80 million.
- Trade sales slipped 6% to $1.0 billion; the company cited a 5% hit from divestitures.
- First-half EPS declined to $0.47 from $0.60; EBIT dropped $29 million to $125 million.
- Operating cash flow was ($10) million in the first six months, down $101 million from the prior-year period.
