Leggett & Platt Exceeds Q4 Revenue Expectations, Achieves Significant Debt Reduction and Cost Savings.

Leggett & Platt reported Q4 revenue of $939 million, surpassing market expectations. The company reduced its debt, achieving a net debt leverage ratio of 2.4x. A completed restructuring plan resulted in unexpected cost savings and improved EBIT benefits. The company's financial agility is expected to pave the way for growth opportunities and shareholder returns.