What changed
Adjusted EPS of $1.04 came in just shy of the $1.05 consensus, a 1.1% miss, though it rose 9.5% YoY. Revenue hit a record $2,351M, up 10.8% YoY, fueled by $372.6M of Leggett Platt net sales in the stub period following the August 26 close. FY2026 adjusted EPS guidance sits at $2.85–$2.95, roughly a 7% increase over 2025 at the midpoint.
Why it matters
Adjusted EPS of $1.04 came in just shy of the $1.05 consensus, a 1.1% miss, though it rose 9.5% YoY. Revenue hit a record $2,351M, up 10.8% YoY, fueled by $372.6M of Leggett Platt net sales in the stu