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Stock impact report

Unpacking Q3 Earnings: Leggett & Platt (NYSE:LEG) In The Context Of Other Home Furnishings Stocks [Yahoo! Finance]

Leggett & Platt, Incorporated (LEG) 
Last leggett & platt, incorporated earnings: 2/3 04:20 pm Check Earnings Report
US:NYSE Investor Relations: leggett.com
Company Research Source: Yahoo! Finance
4 min read In This Article LEG LOVE LZB Unpacking Q3 Earnings: Leggett & Platt (NYSE:LEG) In The Context Of Other Home Furnishings Stocks Looking back on home furnishings stocks' Q3 earnings, we examine this quarter's best and worst performers, including Leggett & Platt (NYSE:LEG) and its peers. A healthy housing market is good for furniture demand as more consumers are buying, renting, moving, and renovating. On the other hand, periods of economic weakness or high interest rates discourage home sales and can squelch demand. In addition, home furnishing companies must contend with shifting consumer preferences such as the growing propensity to buy goods online, including big things like mattresses and sofas that were once thought to be immune from e-commerce competition. The 6 home furnishings stocks we track reported a mixed Q3. As a group, revenues missed analysts' consensus estimates by 0.9% while next quarter's revenue guidance was 33,151% above. In light of thi Show less Read more
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