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Leggett & Platt On The Radar: Why Somnigroup Is Eyeing The Bedding Giant!

Leggett & Platt reported full-year 2025 sales of $4.05 billion, reflecting a 7% decrease compared to the prior year, primarily due to persistent softness in residential end markets, divestitures including the Aerospace business, and declines in Automotive and Hydraulic Cylinders. Fourth quarter sales declined 11% year-over-year to $939 million, affected by customer-specific sales weakness, retail merchandising changes, and ongoing challenging demand environments. Despite these headwinds, adjusted earnings per share (EPS) for the year remained flat at $1.05, with an increase in operating cash flow to $338 million driven by working capital improvements and the completion of significant restructuring initiatives. The company substantially completed its 2024 restructuring plan in 2025, delivering approximately $63 million in EBIT benefits and exceeding original expectations by achieving sustainable cost reductions and operational efficiencies across segments.