The following information is provided here as a convenience, and was current as of the original date of authorship. It should be considered historical in nature, as some information may now be out of date. The company undertakes no duty to update or correct this information.
Carthage, MO - Leggett & Platt, Incorporated (LEG:NYSE) today reported record earnings of $.51 per share for the first quarter of 1997. Sales for the quarter were a record $673.2 million. Compared with the first quarter of 1996, earnings per share increased 21% on a 14% increase in sales.
Carthage, MO - Leggett & Platt today reported record fourth quarter earnings of $.48 per share for 1996. Sales for the quarter were a record $626.4 million. When compared with the fourth quarter of 1995, earnings per share increased 33% on a 16% increase in sales.
Carthage, MO - The Board of Directors of Leggett & Platt today increased the first quarter 1997 dividend to $.13 per share on the company's common stock. The dividend will be paid March 14, 1997 to shareholders of record on February 21, 1997. The current dividend is 8% higher than the previous
Carthage, MO - Leggett & Platt today announced that it recently acquired four businesses - two that manufacture and market commercial fixtures and displays and two that manufacture and market aluminum die castings. Combined, the four businesses will add about $80 million to Leggett's annual sales.