Leggett & Platt Inc T.LEG

Primary Symbol: LEG

Consumer Cyclical

Leggett & Platt, Incorporated is a manufacturer that conceives, designs, and produces a range of engineered components and products found in many homes and automobiles. The Company’s segments include Bedding Products, Specialized Products and Furniture, Flooring & Textile Products. Bedding Products segment supplies a variety of components and machinery used by bedding manufacturers in the production and assembly of their finished products, as well as produces private label finished mattresses for bedding brands. Specialized Products segment supplies lumbar support systems, seat suspension systems, motors and actuators, and control cables used by automotive manufacturers. It also produces and distribute tubing and tube assemblies for the aerospace industry and engineered hydraulic cylinders used in the material-handling and construction industries. Furniture, Flooring & Textile Products segment supplies a range of components for residential and work furniture manufacturers.

NYSE:LEG - Post by User

Leggett & Platt Inc > management sucks

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Comment by Poriemonon Feb 26, 2015 6:44pm

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Post# 23470075

RE:management sucks

Did you guys not look into management before you bought shares in the company? The CFO's last company drove into the ground due to being overweighted debt, the VP accounting's last company was heavily weighed down in debt before it was purchased, both roughly in 2009 when prices for O&G producers were bottoming out. Rinse and repeat.

I don't even know if they care, as long as they get their nice base salary.

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