<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>Stock Blog Hub &#187; Leggett &amp; Platt Incorporated</title>
	<atom:link href="http://www.stockbloghub.com/tag/leggett-platt-incorporated/feed" rel="self" type="application/rss+xml" />
	<link>http://www.stockbloghub.com</link>
	<description>Start Your Investing Research Here!</description>
	<lastBuildDate>Wed, 23 May 2012 20:22:08 +0000</lastBuildDate>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.org/?v=3.3.2</generator>
		<item>
		<title>(LEG) Leggett &amp; Platt Incorporated &#8211; Bear of the Day</title>
		<link>http://www.stockbloghub.com/2012/04/09/leg-leggett-platt-incorporated-bear-of-the-day-3/97962</link>
		<comments>http://www.stockbloghub.com/2012/04/09/leg-leggett-platt-incorporated-bear-of-the-day-3/97962#comments</comments>
		<pubDate>Mon, 09 Apr 2012 17:59:40 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[Home Furnishings & Fixtures]]></category>
		<category><![CDATA[LEG]]></category>
		<category><![CDATA[Leggett & Platt Incorporated]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=97962</guid>
		<description><![CDATA[Leggett &#38; Platt, Inc.&#8217;s (LEG) fourth-quarter 2011 earnings of $0.22 per share were up from the prior-period level, but we believe it was inorganic growth primarily spurred by the company&#8217;s share buyback program. Moreover, during the quarter, Leggett&#8217;s gross margin contracted 90 basis points to 16.7% due to higher input costs. Further, the company&#8217;s operating margin shriveled 470 basis points to 1.5% due to increased selling and administrative expenses. we believe that intense competition from global and regional players, volatility in raw material prices and exposure to adverse foreign currency translations may undermine the company&#8217;s future growth prospects and profitability. Currently, we are maintaining a long-term Underperform recommendation on the stock. Our target price of $20.00, 15.3x 2012 EPS, reflects this view. LEGGETT &#38; PLATT (LEG): Free Stock Analysis Report ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/04/09/leg-leggett-platt-incorporated-bear-of-the-day-3/97962/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(LEG) Leggett &amp; Platt Incorporated &#8211; Bear of the Day</title>
		<link>http://www.stockbloghub.com/2012/03/28/leg-leggett-platt-incorporated-bear-of-the-day-2/96855</link>
		<comments>http://www.stockbloghub.com/2012/03/28/leg-leggett-platt-incorporated-bear-of-the-day-2/96855#comments</comments>
		<pubDate>Wed, 28 Mar 2012 15:45:49 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[Home Furnishings & Fixtures]]></category>
		<category><![CDATA[LEG]]></category>
		<category><![CDATA[Leggett & Platt Incorporated]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=96855</guid>
		<description><![CDATA[Leggett &#38; Platt, Inc.&#8217;s (LEG) fourth-quarter 2011 earnings of $0.22 per share were up from the prior-period level, but we believe it was inorganic growth primarily spurred by the company&#8217;s share buyback program. Moreover, during the quarter, Leggett&#8217;s gross margin contracted 90 basis points to 16.7% due to higher input costs. Further, the company&#8217;s operating margin shriveled 470 basis points to 1.5% due to increased selling and administrative expenses. we believe that intense competition from global and regional players, volatility in raw material prices and exposure to adverse foreign currency translations may undermine the company&#8217;s future growth prospects and profitability. Currently, we are maintaining a long-term Underperform recommendation on the stock. Our target price of $20.00, 15.3x 2012 EPS, reflects this view. LEGGETT &#38; PLATT (LEG): Free Stock Analysis Report ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/03/28/leg-leggett-platt-incorporated-bear-of-the-day-2/96855/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(LEG) Leggett &amp; Platt Incorporated &#8211; Bear of the Day</title>
		<link>http://www.stockbloghub.com/2011/11/17/leg-leggett-platt-incorporated-bear-of-the-day/87138</link>
		<comments>http://www.stockbloghub.com/2011/11/17/leg-leggett-platt-incorporated-bear-of-the-day/87138#comments</comments>
		<pubDate>Thu, 17 Nov 2011 21:20:09 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[Home Furnishings & Fixtures]]></category>
		<category><![CDATA[LEG]]></category>
		<category><![CDATA[Leggett & Platt Incorporated]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=87138</guid>
		<description><![CDATA[Leggett &#38; Platt, Inc.&#8217;s (LEG) increased operating expenses coupled with higher cost inflation battered the third-quarter 2011 results. The company reported a flat year-over-year earnings of $0.31 per share, missing the Zacks Consensus Estimate of $0.36. Consequently, anticipating lower market growth expectation, the company has lowered its sales guidance for fiscal 2011 from the range of $3.5 $3.7 billion to $3.6 billion. On the back of promising sales, Leggett also lowered and narrowed its forecasted 2011 EPS in the range of $1.15-$1.20 per share from $1.25-$1.40 per share. Moreover, intense competition from global and regional players, volatility in raw material prices and exposure to adverse foreign currency translations may undermine the company&#8217;s growth prospects and profitability. Our long-term Underperform recommendation on the stock indicates that it would perform below the ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/11/17/leg-leggett-platt-incorporated-bear-of-the-day/87138/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(LEG) Leggett &amp; Platt Incorporated Earnings Up on Cost Cutting</title>
		<link>http://www.stockbloghub.com/2009/10/27/leg-leggett-platt-incorporated-earnings-up-on-cost-cutting/18808</link>
		<comments>http://www.stockbloghub.com/2009/10/27/leg-leggett-platt-incorporated-earnings-up-on-cost-cutting/18808#comments</comments>
		<pubDate>Tue, 27 Oct 2009 17:31:54 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[Home Furnishings & Fixtures]]></category>
		<category><![CDATA[LEG]]></category>
		<category><![CDATA[Leggett & Platt Incorporated]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=18808</guid>
		<description><![CDATA[Leggett &#38; Platt Incorporated (LEG), a leading manufacturer of home furnishing components, has reported relatively strong third quarter results with earnings of 34 cents per share from continuing operations compared to 29 cents in the year-earlier quarter. The increase in the quarterly earnings was primarily due to stringent cost-cutting measures, pricing discipline and LIFO benefit. Leggett reported total sales of $810 million from continuing operations compared to $1.13 billion in the year-ago period – a decrease of 28%, due to the continued sluggish market demand and steel-related price deflation. Cash flow from operations was $142 million during the quarter and $430 million year-to-date. Leggett anticipates cash flow for full year 2009 to exceed $500 million, primarily due to optimization of working capital. Gross margin was 23.1% during the quarter, while ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/10/27/leg-leggett-platt-incorporated-earnings-up-on-cost-cutting/18808/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
	</channel>
</rss>

