Leggett & Platt, Incorporated (LEG) Q4 2023 Earnings Call Transcript

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Q4: 2024-02-08 Earnings Summary

EPS of $0.26 misses by $0.01
 | Revenue of $1.12B (-6.75% Y/Y) beats by $9.04M

Leggett & Platt, Incorporated (NYSE:LEG) Q4 2023 Earnings Conference Call February 9, 2024 8:30 AM ET

Company Participants

Cassie Branscum - VP, IR
Mitchell Dolloff - President & CEO
Benjamin Burns - EVP & CFO
Susan McCoy - VP, IR
Tyson Hagale - EVP & President, Bedding Products

Conference Call Participants

Susan Maklari - Goldman Sachs
Robert Griffin - Raymond James
Alexia Morgan - Piper Sandler

Operator

Greetings, and welcome to the Leggett & Platt Fourth Quarter and Full Year 2023 Webcast and Earnings Conference Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.

It is now my pleasure to introduce your host, Cassie Branscum, Vice President of Investor Relations for Leggett & Platt. Please go ahead.

Cassie Branscum

Good morning, and welcome to Leggett & Platt's fourth quarter and full year 2023 earnings call. With me on the call today are Mitch Dolloff, President and CEO; Ben Burns, Executive Vice President and CFO; Steve Henderson, Executive Vice President and President of the Specialized Products and Furniture, Flooring & Textile Products segment; Tyson Hagale, Executive Vice President and President of the Bedding Products segment; Susan McCoy, Director of IR Special Projects; and Kolina Talbert, Manager of Investor Relations.

The agenda for our call this morning is as follows: Mitch will start with a summary of the main points we made in yesterday's press release and discuss operating results and demand trends. Ben will cover financial details and address our outlook for 2024, and the group will answer any questions you have. This conference call is being recorded for Leggett & Platt and is copyrighted material. This call may not be transcribed, recorded or broadcast without our express permission. A replay will be available on the Investor Relations section

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