Leggett & Platt eyes best day ever after 2025 outlook maintained

Shares of diversified manufacturer Leggett & Platt LEG.N last up 25% to $9.09 and top S&P 1500 .SPSUP performers on Tues after co backed full-yr guidance

LEG shares on course for record daily pct gain, and hit about two-mth high

Carthage, Missouri-based firm late Mon said it could see a net positive benefit overall from U.S. President Donald Trump's tariff plans, though warned they could dent consumer confidence and discretionary demand, and boost inflation

"Although the domestic bedding industry is now expected to be more challenged than previously anticipated, the resulting lower volume will likely be offset primarily by steel-related tariff benefits," CEO Karl Glassman said in the statement

For 2025, co reiterated prior sales and adj EPS guidance of $4.0-$4.3 bln and $0.85-$1.26, respectively

In Q1, adj EPS fell by a penny from a year ago to $0.24, but surpassed analysts' expectations of $0.22, while rev of $1.02 bln, down 7% y/y, was inline, per LSEG data

All four analysts covering LEG rate stock "hold" and their median PT of $9 is down from $12 a month ago - LSEG

With move on the session, shares down ~5% YTD vs ~20% drop in S&P 600 Consumer Discretionary sector .SPSMCD