Leggett & Platt sales dip 5.6%, profits plummet 33.6% in 2Q

Article Abstract:

Leggett and Platt posted a fall of 5.6% to $1.05 billion in its 2003 second quarter sales. The company also posted a 33.6% fall in profits to $46.7 million for the same period.

Sales, profits & dividends, Finance, Company sales and earnings, LEG, Company earnings/profit, Mattress industry

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Leggett & Platt realigns Consumer Products Unit

Article Abstract:

Leggett & Platt of Carthage, MO, in a move designed to enhance its efficiency and improve client relationship, has implemented a reorganization of its Consumer Products Unit. The changes in the units include the promotion of Richard Larson to the position of the unit's steel product division's SVP for sales and marketing. The other major development includes the unit's ornamental bed division's president, Joseph Geiger, who will now concentrate on the operations of Springfield Wood Products and Fashion Bed Group.

Comment:

Has implemented a reorganization of its Consumer Products Unit

Organizational history, Mattresses & Bedsprings, Mattress Manufacturing, Article

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