North Carolina bedding operation latest Leggett & Platt plant to close [Yahoo! Finance]
Leggett & Platt, Incorporated (LEG)
Last leggett & platt, incorporated earnings: 2/3 04:20 pm
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Source: Yahoo! Finance
The Worker Adjustment and Retraining Notification Act filing with the state indicated the effective date will be July 25. The Carthage-based company announced a restructuring plan in January, primarily in its bedding products segment and to a lesser extent in its furniture, flooring and textile products segment. In a statement, it said it plans to consolidate locations and reduce its manufacturing and distribution footprint to 30 to 35 plants from 50 plants. It is expected to reduce workforce levels over time by 900 to 1,100. No information was provided on which plants will be affected, and no WARN notices have been filed in Missouri. Since that announcement, the company has closed a plant in Saltillo, Mississippi, affecting 130 workers, and another in Commerce, California, affecting 55 workers. In a statement provided to Furniture Today following the North Carolina notice, Leggett & Platt said: "In January 2024, Leggett & Platt implemented a restructuring plan primarily fo
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News
- Winners And Losers Of Q2: Leggett & Platt (NYSE:LEG) Vs The Rest Of The Home Furnishings Stocks [Yahoo! Finance]Yahoo! Finance
- With 80% ownership, Leggett & Platt, Incorporated (NYSE:LEG) boasts of strong institutional backing [Yahoo! Finance]Yahoo! Finance
- Why It Might Not Make Sense To Buy Leggett & Platt, Incorporated (NYSE:LEG) For Its Upcoming Dividend [Yahoo! Finance]Yahoo! Finance
- Is Leggett & Platt, Incorporated (LEG) The Best Beaten Down Dividend Stock to Invest in Now? [Yahoo! Finance]Yahoo! Finance
- Leggett & Platt, Incorporated (NYSE: LEG) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
LEG
Earnings
- 8/1/24 - Beat
LEG
Sec Filings
- 9/23/24 - Form 4
- 9/23/24 - Form 4
- 9/23/24 - Form 4
- LEG's page on the SEC website