Leggett & Platt, Incorporated designs, manufactures, and markets engineered components and products worldwide. It operates through three segments: Bedding Products; Specialized Products; and Furniture, Flooring & Textile Products. The company offers steel rods, drawn wires, foam chemicals and additives, innersprings, specialty foams, private label finished mattresses, mattress foundations, wire forms for adjustable beds, industrial sewing and quilting machines, and mattress packaging and glue drying equipment, as well as machines to shape wires into innersprings for industrial users of steel rods and wires, manufacturers of finished bedding, big box and e-commerce retailers, bedding brands and mattress retailers, department stores, and home improvement centers. It also provides mechanical and pneumatic lumbar support and massage systems for automotive seating; seat suspension systems, motors and actuators, and cables; titanium, nickel, and stainless steel tubing, formed tubes, tube assemblies, and flexible joint components for fluid conveyance systems; and engineered hydraulic cylinders to automobile OEMs and Tier 1 suppliers, aerospace OEMs and suppliers, and mobile equipment OEMs. In addition, the company offers steel mechanisms and motion hardware for reclining chairs, sofas, sleeper sofas and lift chairs; springs and seat suspensions; components and private label finished goods for soft seating; and bases, columns, back rests, casters, and frames, as well as control devices for chairs. Further, it offers carpet cushion and hard surface flooring underlayment, structural fabrics, and geo components to manufacturers of upholstered and office furniture, flooring retailers and distributors, contractors, landscapers, road construction companies, retailers, government agencies, and mattress and furniture producers, as well as manufacturers of packaging, filtration, and draperies. Leggett & Platt, Incorporated was founded in 1883 and is based in Carthage, Missouri.
IPO Year:
Exchange: NYSE
Website: leggett.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/30/2024 | $11.00 → $13.00 | Underweight → Neutral | Piper Sandler |
| 4/11/2023 | $39.00 → $34.00 | Buy → Neutral | Goldman |
| 12/12/2022 | $31.00 → $24.00 | Neutral → Underweight | Piper Sandler |
| 5/4/2022 | Outperform → Mkt Perform | Raymond James | |
| 2/9/2022 | $55.00 → $50.00 | Outperform | Raymond James |
| 11/3/2021 | $60.00 → $55.00 | Outperform | Raymond James |
4 - LEGGETT & PLATT INC (0000058492) (Issuer)
4 - LEGGETT & PLATT INC (0000058492) (Issuer)
4 - LEGGETT & PLATT INC (0000058492) (Issuer)
4 - LEGGETT & PLATT INC (0000058492) (Issuer)
4 - LEGGETT & PLATT INC (0000058492) (Issuer)
4 - LEGGETT & PLATT INC (0000058492) (Issuer)
4 - LEGGETT & PLATT INC (0000058492) (Issuer)
4 - LEGGETT & PLATT INC (0000058492) (Issuer)
4 - LEGGETT & PLATT INC (0000058492) (Issuer)
4 - LEGGETT & PLATT INC (0000058492) (Issuer)
S-8 - LEGGETT & PLATT INC (0000058492) (Filer)
S-8 - LEGGETT & PLATT INC (0000058492) (Filer)
10-Q - LEGGETT & PLATT INC (0000058492) (Filer)
8-K - LEGGETT & PLATT INC (0000058492) (Filer)
8-K - LEGGETT & PLATT INC (0000058492) (Filer)
10-Q - LEGGETT & PLATT INC (0000058492) (Filer)
8-K - LEGGETT & PLATT INC (0000058492) (Filer)
11-K - LEGGETT & PLATT INC (0000058492) (Filer)
S-3ASR - LEGGETT & PLATT INC (0000058492) (Filer)
8-K - LEGGETT & PLATT INC (0000058492) (Filer)
SC 13G/A - LEGGETT & PLATT INC (0000058492) (Subject)
SC 13G/A - LEGGETT & PLATT INC (0000058492) (Subject)
SC 13G/A - LEGGETT & PLATT INC (0000058492) (Subject)
SC 13G/A - LEGGETT & PLATT INC (0000058492) (Subject)
SC 13G/A - LEGGETT & PLATT INC (0000058492) (Subject)
SC 13G/A - LEGGETT & PLATT INC (0000058492) (Subject)
4 - LEGGETT & PLATT INC (0000058492) (Issuer)
4 - LEGGETT & PLATT INC (0000058492) (Issuer)
4 - LEGGETT & PLATT INC (0000058492) (Issuer)
4 - LEGGETT & PLATT INC (0000058492) (Issuer)
4 - LEGGETT & PLATT INC (0000058492) (Issuer)
4 - LEGGETT & PLATT INC (0000058492) (Issuer)
4 - LEGGETT & PLATT INC (0000058492) (Issuer)
Goldman Sachs analyst Susan Maklari maintains Leggett & Platt (NYSE:LEG) with a Neutral and lowers the price target from $14 to $12.
Throughout the last three months, 4 analysts have evaluated Leggett & Platt (NYSE:LEG), offering a diverse set of opinions from bullish to bearish. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 0 3 1 0 Last 30D 0 0 1 0 0 1M Ago 0 0 0 0 0 2M Ago 0 0 2 1 0 3M Ago 0 0 0 0 0 In the assessment of 12-month price targets, analysts unveil insights for Leggett & Platt, presenting an average target of $12.75, a high estimate of $14.00, and a low estimate of $11.00. A decline of 2
Truist Securities analyst Keith Hughes maintains Leggett & Platt (NYSE:LEG) with a Hold and lowers the price target from $13 to $11.
- SEC Filing
Although U.S. stocks closed higher on Tuesday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company’s prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision. Below is a look at a few recent notable insider purchases. For more, check out Benzinga’s insider transactions platform. Citi Trends The Trade: Citi Trends, Inc. (NASDAQ:CTRN) 10% owner Pleasant Lake Partners LLC acquired a total of 32,508 shar
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. Here's the list of options activity happening in today's session: Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume TSLA CALL SWEEP BULLISH 05/31/24 $175.00 $26.2K 10.8K 76.5K RCL PUT SWEEP BEARISH 05/31/24 $148.00 $4
Although U.S. stocks closed mostly higher on Friday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company’s prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision. Below is a look at a few recent notable insider purchases. For more, check out Benzinga’s insider transactions platform. Integra LifeSciences Holdings The Trade: Integra LifeSciences Holdings Corporation (NASDAQ:IART) Director, Exec. Chai
Leggett & Platt's (NYSE:LEG) short percent of float has fallen 12.33% since its last report. The company recently reported that it has 8.30 million shares sold short, which is 7.25% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.44 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short intere
Truist Securities analyst Keith Hughes maintains Leggett & Platt (NYSE:LEG) with a Hold and lowers the price target from $16 to $13.
Throughout the last three months, 5 analysts have evaluated Leggett & Platt (NYSE:LEG), offering a diverse set of opinions from bullish to bearish. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 0 3 2 0 Last 30D 0 0 1 0 0 1M Ago 0 0 0 1 0 2M Ago 0 0 1 1 0 3M Ago 0 0 1 0 0 Analysts have set 12-month price targets for Leggett & Platt, revealing an average target of $15.4, a high estimate of $18.00, and a low estimate of $13.00. A decline of 19.79% from the prior average pr
NEW YORK, June 7, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, June 24, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from the S
CARTHAGE, Mo., May 21, 2024 /PRNewswire/ -- Karl Glassman appointed President and CEO and will continue to serve as Board ChairmanMitch Dolloff resigned as President and CEO and a member of the BoardDiversified manufacturer Leggett & Platt announced that its Board of Directors has appointed Karl Glassman as President and Chief Executive Officer, effective immediately. Karl will continue to serve as Board Chairman. This follows the decision by Mitch Dolloff to resign as Chief Executive Officer and a member the Board, also effective immediately, having mutually agreed with the Board that now is the right time for a change in leadership at Leggett & Platt. Mitch will serve in a consulting capac
CARTHAGE, Mo., June 22, 2023 /PRNewswire/ -- Diversified manufacturer Leggett & Platt announced that its Board of Directors appointed Benjamin M. Burns as Executive Vice President and Chief Financial Officer effective June 21, 2023. Ben replaces Jeffrey L. Tate, who departed from his position effective the same day. President and CEO Mitch Dolloff commented, "I am pleased to announce that Ben Burns will serve as CFO. He is a 20-year veteran of Leggett & Platt who brings tremendous business, financial, accounting and auditing capabilities, and has proven himself an outstanding leader. We have worked closely together, and I have absolute confidence in his ability to successfully lead our finan
CARTHAGE, Mo., Nov. 9, 2021 /PRNewswire/ -- Karl Glassman to retire as CEO effective December 31, 2021; will become Executive Chairman Mitch Dolloff will become CEO and President effective January 1, 2022Diversified manufacturer Leggett & Platt announced that its Board of Directors appointed Mitch Dolloff as Chief Executive Officer and President effective January 1, 2022. Mitch currently serves the Company as President and Chief Operating Officer. In addition, Karl Glassman will retire as the Company's CEO effective December 31, 2021 and will become Executive Chairman of the Board of Directors. Chairman and CEO Karl Glassman commented, "I am pleased to announce that Mitch Dolloff will become
Piper Sandler upgraded Leggett & Platt from Underweight to Neutral and set a new price target of $13.00 from $11.00 previously
Goldman downgraded Leggett & Platt from Buy to Neutral and set a new price target of $34.00 from $39.00 previously
Piper Sandler downgraded Leggett & Platt from Neutral to Underweight and set a new price target of $24.00 from $31.00 previously
Raymond James downgraded Leggett & Platt from Outperform to Mkt Perform
Raymond James reiterated coverage of Leggett & Platt with a rating of Outperform and set a new price target of $50.00 from $55.00 previously
Raymond James reiterated coverage of Leggett & Platt with a rating of Outperform and set a new price target of $55.00 from $60.00 previously
Raymond James reiterated coverage of Leggett & Platt with a rating of Outperform and set a new price target of $60.00 from $48.00 previously
Raymond James downgraded Leggett & Platt from Strong Buy to Outperform and set a new price target of $48.00
Raymond James downgraded Leggett & Platt from Strong Buy to Outperform
CARTHAGE, Mo., Nov. 7, 2024 /PRNewswire/ -- Leggett & Platt's Board of Directors declared a dividend of $.05 per share for the fourth quarter 2024. The dividend will be paid on January 15, 2025 to shareholders of record on December 13, 2024. FOR MORE INFORMATION: Visit Leggett's website at www.leggett.com. COMPANY DESCRIPTION: Leggett & Platt (NYSE:LEG) is a diversified manufacturer that designs and produces a broad variety of engineered components and products that can be found in many homes and automobiles. The 141-year-old Company is a leading supplier of bedding components and private label finished goods; automotive seat comfort and convenience systems; home and work furniture component
CARTHAGE, Mo., Oct. 28, 2024 /PRNewswire/ -- 3Q sales of $1.1 billion, a 6% decrease vs 3Q233Q EPS of $.33; 3Q adjusted1 EPS of $.32, a $.04 decrease vs adjusted1 3Q23 EPS2024 EPS guidance is ($3.56)–($3.71), including impact of non-cash goodwill impairment charge, restructuring charges, real estate gains, and certain other costs2024 guidance lowered: adjusted1 EPS of $1.00–$1.10, sales of $4.3–$4.4 billionPresident and CEO Karl Glassman commented, "We continued to make solid progress on our restructuring and operating efficiency improvement initiatives, although demand headwinds were more challenging than anticipated in the third quarter. Despite weaker than expected results, we paid down $
Carthage, MO, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Leggett & Platt (NYSE:LEG), a diversified manufacturer of engineered products serving several major markets, will release third quarter earnings results on Monday, October 28, 2024 after the market closes, and hold its quarterly conference call to discuss third quarter results, annual guidance, market conditions, and related matters on Tuesday, October 29, 2024, at 8:30 a.m. Eastern Time (7:30 a.m. Central Time). This call will be webcast and can be accessed from the Investor Relations section of Leggett & Platt's website at www.leggett.com. Dial in information
CARTHAGE, Mo., Aug. 7, 2024 /PRNewswire/ -- Leggett & Platt's Board of Directors declared a dividend of $.05 per share for the third quarter 2024. The dividend will be paid on October 15, 2024 to shareholders of record on September 13, 2024. FOR MORE INFORMATION: Visit Leggett's website at www.leggett.com. COMPANY DESCRIPTION: Leggett & Platt (NYSE:LEG) is a diversified manufacturer that designs and produces a broad variety of engineered components and products that can be found in many homes and automobiles. The 141-year-old Company is a leading supplier of bedding components and private label finished goods; automotive seat comfort and convenience systems; home and work furniture componen
CARTHAGE, Mo., Aug. 1, 2024 /PRNewswire/ -- 2Q sales of $1.1 billion, an 8% decrease vs 2Q232Q EPS of ($4.39), primarily due to a non-cash goodwill impairment charge2Q adjusted1 EPS of $.29, a $.09 decrease vs adjusted1 2Q23 EPS2024 EPS guidance is ($3.43)–($3.58), including impact of non-cash goodwill impairment charge, restructuring charges, real estate gains, and certain other costs2024 adjusted1 EPS narrowed to $1.10–$1.25; sales guidance lowered to $4.3–$4.5 billionPresident and CEO Karl Glassman commented, "While our second quarter results reflect the ongoing challenging macro environment, I am immensely proud of our team's execution. The restructuring plan is on track, with some eleme
Carthage, MO, July 18, 2024 (GLOBE NEWSWIRE) -- Leggett & Platt (NYSE:LEG), a diversified manufacturer of engineered products serving several major markets, will release second quarter earnings results on Thursday, August 1, 2024 after the market closes, and hold its quarterly conference call to discuss second quarter results, annual guidance, market conditions, and related matters on Friday August 2, 2024, at 8:30 a.m. Eastern Time (7:30 a.m. Central Time). This call will be webcast and can be accessed from the Investor Relations section of Leggett & Platt's website at www.leggett.com. Dial in information: 201-
CARTHAGE, Mo., April 30, 2024 /PRNewswire/ -- 1Q sales of $1.1 billion, a 10% decrease vs 1Q231Q EPS and adjusted1 EPS of $.23, a decrease of $.16 vs 1Q23Board declared second quarter dividend of $.05 per shareCompany updated capital allocation priorities2024 sales and EPS guidance unchanged: sales of $4.35–$4.65 billion; EPS of $.95–$1.25 and adjusted1 EPS of $1.05–$1.35President and CEO Mitch Dolloff commented, "First quarter results were in line with our expectations and our full year sales and EPS guidance range remain unchanged. We are making steady progress on the restructuring plan announced in January to optimize our manufacturing and distribution footprint and remain on track to ac
Carthage, MO, April 16, 2024 (GLOBE NEWSWIRE) -- Leggett & Platt (NYSE:LEG), a diversified manufacturer of engineered products serving several major markets, will release first quarter earnings results on Tuesday, April 30, 2024 after the market closes, and hold its quarterly conference call to discuss first quarter results, annual guidance, market conditions, company initiatives, and related matters on Wednesday, May 1, 2024, at 8:30 a.m. Eastern Time (7:30 a.m. Central Time). This call will be webcast and can be accessed from the Investor Relations section of Leggett & Platt's website at www.leggett.com. Dial in inf
CARTHAGE, Mo., March 25, 2024 /PRNewswire/ -- Diversified manufacturer Leggett & Platt announced today that it has entered into an amended agreement for its existing revolving credit facility to provide additional borrowing capacity and financial flexibility. Pursuant to the terms of the amended agreement, the Company has increased the leverage ratio under the financial covenant from 3.5x to 4.0x trailing 12-months adjusted EBITDA¹ through June 30, 2025. The leverage ratio will revert to 3.5x as of September 30, 2025, and remain at 3.5x until the facility's maturity date on September 30, 2026. President and CEO Mitch Dolloff commented, "The amended credit agreement reflects our commitment to
CARTHAGE, Mo., Feb. 27, 2024 /PRNewswire/ -- Leggett & Platt's Board of Directors announced a dividend of $.46 per share for the first quarter, an increase of $.02 per share or 4.5% versus the first quarter of 2023. The dividend will be paid on April 15, 2024 to shareholders of record on March 15, 2024. FOR MORE INFORMATION: Visit Leggett's website at www.leggett.com. COMPANY DESCRIPTION: Leggett & Platt (NYSE:LEG) is a diversified manufacturer that designs and produces a broad variety of engineered components and products that can be found in many homes and automobiles. The 141-year-old Company is a leading supplier of bedding components and private label finished goods; automotive seat com
CARTHAGE, Mo., Nov. 7, 2024 /PRNewswire/ -- Leggett & Platt's Board of Directors declared a dividend of $.05 per share for the fourth quarter 2024. The dividend will be paid on January 15, 2025 to shareholders of record on December 13, 2024. FOR MORE INFORMATION: Visit Leggett's website at www.leggett.com. COMPANY DESCRIPTION: Leggett & Platt (NYSE:LEG) is a diversified manufacturer that designs and produces a broad variety of engineered components and products that can be found in many homes and automobiles. The 141-year-old Company is a leading supplier of bedding components and private label finished goods; automotive seat comfort and convenience systems; home and work furniture component
CARTHAGE, Mo., Oct. 28, 2024 /PRNewswire/ -- 3Q sales of $1.1 billion, a 6% decrease vs 3Q233Q EPS of $.33; 3Q adjusted1 EPS of $.32, a $.04 decrease vs adjusted1 3Q23 EPS2024 EPS guidance is ($3.56)–($3.71), including impact of non-cash goodwill impairment charge, restructuring charges, real estate gains, and certain other costs2024 guidance lowered: adjusted1 EPS of $1.00–$1.10, sales of $4.3–$4.4 billionPresident and CEO Karl Glassman commented, "We continued to make solid progress on our restructuring and operating efficiency improvement initiatives, although demand headwinds were more challenging than anticipated in the third quarter. Despite weaker than expected results, we paid down $
Carthage, MO, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Leggett & Platt (NYSE:LEG), a diversified manufacturer of engineered products serving several major markets, will release third quarter earnings results on Monday, October 28, 2024 after the market closes, and hold its quarterly conference call to discuss third quarter results, annual guidance, market conditions, and related matters on Tuesday, October 29, 2024, at 8:30 a.m. Eastern Time (7:30 a.m. Central Time). This call will be webcast and can be accessed from the Investor Relations section of Leggett & Platt's website at www.leggett.com. Dial in information
CARTHAGE, Mo., Aug. 7, 2024 /PRNewswire/ -- Leggett & Platt's Board of Directors declared a dividend of $.05 per share for the third quarter 2024. The dividend will be paid on October 15, 2024 to shareholders of record on September 13, 2024. FOR MORE INFORMATION: Visit Leggett's website at www.leggett.com. COMPANY DESCRIPTION: Leggett & Platt (NYSE:LEG) is a diversified manufacturer that designs and produces a broad variety of engineered components and products that can be found in many homes and automobiles. The 141-year-old Company is a leading supplier of bedding components and private label finished goods; automotive seat comfort and convenience systems; home and work furniture componen
CARTHAGE, Mo., Aug. 1, 2024 /PRNewswire/ -- 2Q sales of $1.1 billion, an 8% decrease vs 2Q232Q EPS of ($4.39), primarily due to a non-cash goodwill impairment charge2Q adjusted1 EPS of $.29, a $.09 decrease vs adjusted1 2Q23 EPS2024 EPS guidance is ($3.43)–($3.58), including impact of non-cash goodwill impairment charge, restructuring charges, real estate gains, and certain other costs2024 adjusted1 EPS narrowed to $1.10–$1.25; sales guidance lowered to $4.3–$4.5 billionPresident and CEO Karl Glassman commented, "While our second quarter results reflect the ongoing challenging macro environment, I am immensely proud of our team's execution. The restructuring plan is on track, with some eleme
Carthage, MO, July 18, 2024 (GLOBE NEWSWIRE) -- Leggett & Platt (NYSE:LEG), a diversified manufacturer of engineered products serving several major markets, will release second quarter earnings results on Thursday, August 1, 2024 after the market closes, and hold its quarterly conference call to discuss second quarter results, annual guidance, market conditions, and related matters on Friday August 2, 2024, at 8:30 a.m. Eastern Time (7:30 a.m. Central Time). This call will be webcast and can be accessed from the Investor Relations section of Leggett & Platt's website at www.leggett.com. Dial in information: 201-
NEW YORK, June 7, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, June 24, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from the S
CARTHAGE, Mo., May 21, 2024 /PRNewswire/ -- Karl Glassman appointed President and CEO and will continue to serve as Board ChairmanMitch Dolloff resigned as President and CEO and a member of the BoardDiversified manufacturer Leggett & Platt announced that its Board of Directors has appointed Karl Glassman as President and Chief Executive Officer, effective immediately. Karl will continue to serve as Board Chairman. This follows the decision by Mitch Dolloff to resign as Chief Executive Officer and a member the Board, also effective immediately, having mutually agreed with the Board that now is the right time for a change in leadership at Leggett & Platt. Mitch will serve in a consulting capac
CARTHAGE, Mo., May 8, 2024 /PRNewswire/ -- Leggett & Platt's annual meeting of shareholders was held this morning in Carthage, Missouri. Shareholders elected as directors the 11 nominees proposed by the Board; ratified the selection of PricewaterhouseCoopers as the Company's independent registered public accountant for 2024; endorsed the compensation of the Company's named executive officers; and approved the amendment and restatement of the Company's Flexible Stock Plan. No other proposals were voted upon. FOR MORE INFORMATION: Visit Leggett's website at www.leggett.com. COMPANY DESCRIPTION: Leggett & Platt (NYSE:LEG) is a diversified manufacturer that designs and produces a broad variet
CARTHAGE, Mo., April 30, 2024 /PRNewswire/ -- 1Q sales of $1.1 billion, a 10% decrease vs 1Q231Q EPS and adjusted1 EPS of $.23, a decrease of $.16 vs 1Q23Board declared second quarter dividend of $.05 per shareCompany updated capital allocation priorities2024 sales and EPS guidance unchanged: sales of $4.35–$4.65 billion; EPS of $.95–$1.25 and adjusted1 EPS of $1.05–$1.35President and CEO Mitch Dolloff commented, "First quarter results were in line with our expectations and our full year sales and EPS guidance range remain unchanged. We are making steady progress on the restructuring plan announced in January to optimize our manufacturing and distribution footprint and remain on track to ac