Leggett & Platt, Incorporated (LEG) reported tepid first-quarter 2024 results, wherein earnings and net sales missed the Zacks Consensus Estimate. The metrics declined on a year-over-year basis due to persistent weak demand in most of the markets served and lower price realization.Following the results, the stock plunged 13.1% in the after-hour trading session on Apr 30.Leggett significantly reduced its second-quarter dividend to 5 cents from the prior-year figure of 46 cents. The company noted that the mov ...