LEGGETT& PLATT, INCORPORATED (NYSE:LEG) Files An 8-K Results of Operations and Financial Condition

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LEGGETT& PLATT, INCORPORATED (NYSE:LEG) Files An 8-K Results of Operations and Financial Condition

Item2.02Results of Operations and Financial Condition.

On April27, 2017, Leggett Platt, Incorporated issued a press
release announcing its financial results for the first quarter
ended March31, 2017. The press release is attached as Exhibit
99.1 and is incorporated herein by reference.

This information is being furnished and shall not be deemed filed
for purposes of Section18 of the Securities Exchange Act of 1934,
as amended (the Exchange Act), or otherwise subject to the
liabilities of that section. This information shall not be
incorporated by reference into any document filed under the
Securities Act of 1933, as amended, or the Exchange Act, except
as shall be expressly set forth by specific reference in such
filing.

On April28, 2017, the Company will hold an investor conference
call to discuss its first quarter results, annual guidance and
related matters.

The press release contains the Companys Net Debt to Net Capital
ratio, Total Debt or (Long term debt current maturities)/Adjusted
EBITDA (trailing twelve months) ratio, Adjusted EPS, Adjusted
EBIT, Adjusted EBIT Margin, and Adjusted EBITDA (trailing twelve
months).

Company management believes the presentation of Net Debt to Net
Capital provides investors a useful way to evaluate the Companys
debt leverage if the Company was to use its cash to pay down
debt. The Companys cash has fluctuated, sometimes significantly,
from period to period. Management uses this ratio as supplemental
information to track leverage trends across time periods with
variable levels of cash. Because we may not be able to use our
cash to reduce our debt on a dollar-for-dollar basis, the Net
Debt to Net Capital ratio may have material limitations.

Company management believes the presentation of Total Debt or
(Long term debt current maturities)/Adjusted EBITDA (trailing
twelve months) provides investors a useful way to assess the time
it would take the Company to pay off all of its debt, ignoring
various factors including interest and taxes. Management uses
this ratio as supplemental information to assess its ability to
pay off its incurred debt.

Company management believes the presentation of Adjusted EPS,
Adjusted EBIT, Adjusted EBIT Margin and Adjusted EBITDA (trailing
twelve months) is useful to investors in that it aids investors
understanding of underlying operational profitability. Management
uses these non-GAAP measures as supplemental information to
assess the Companys operational performance.

The above non-GAAP measures may not be comparable to similarly
titled measures used by other companies and should not be
considered a substitute for, or more meaningful than, their GAAP
counterparts.

Item7.01Regulation FD Disclosure.

The information provided in Item2.02, including Exhibit 99.1, is
incorporated herein by reference.

Item9.01Financial Statements and Exhibits.

(d)Exhibits.

Exhibit No.

Description

99.1 Press Release dated April27, 2017

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About LEGGETT & PLATT, INCORPORATED (NYSE:LEG)

Leggett & Platt, Incorporated is a manufacturer that conceives, designs and produces a range of engineered components and products found in homes, offices and automobiles. The Company operates in four segments: Residential Furnishings, Commercial Products, Industrial Materials and Specialized Products. Its brands include ComfortCore, Mira-Coil, VertiCoil, Quantum, Nanocoil, Lura-Flex and Active Support Technology, which includes mattress innersprings; Semi-Flex, which includes box spring components and foundations; Spuhl, which includes mattress innerspring manufacturing machines; Wall Hugger, which includes recliner chair mechanisms; Super Sagless, which includes motion and sofa sleeper mechanisms; No-Sag, which includes wire forms used in seating; LPSense, which includes capacitive sensing; Hanes, which includes fabric materials; Schukra, Pullmaflex and Flex-O-Lator, which includes automotive seating products, and Gribetz and Porter, which includes quilting and sewing machines.

LEGGETT & PLATT, INCORPORATED (NYSE:LEG) Recent Trading Information

LEGGETT & PLATT, INCORPORATED (NYSE:LEG) closed its last trading session down -0.45 at 53.59 with 1,307,549 shares trading hands.