Spotting Winners: Leggett & Platt (NYSE:LEG) And Home Furnishings Stocks In Q3

Stock Story

Tempur Sealy International

+1.83%

As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at home furnishings stocks, starting with Leggett & Platt .

A healthy housing market is good for furniture demand as more consumers are buying, renting, moving, and renovating. On the other hand, periods of economic weakness or high interest rates discourage home sales and can squelch demand. In addition, home furnishing companies must contend with shifting consumer preferences such as the growing propensity to buy goods online, including big things like mattresses and sofas that were once thought to be immune from e-commerce competition.

The 5 home furnishings stocks we track reported a strong Q3. As a group, revenues beat analysts’ consensus estimates by 0.6% while next quarter’s revenue guidance was in line.

Thankfully, share prices of the companies have been resilient as they are up 9.6% on average since the latest earnings results.

Leggett & Platt

Founded in 1883, Leggett & Platt is a diversified manufacturer of products and components for various industries.

Leggett & Platt reported revenues of $1.04 billion, down 5.9% year on year. This print exceeded analysts’ expectations by 1.1%. Despite the top-line beat, it was still a mixed quarter for the company with a decent beat of analysts’ adjusted operating income estimates but a miss of analysts’ Bedding revenue estimates.

President and CEO Karl Glassman commented, "We are pleased to report solid results for the quarter, achieved amid ongoing macroeconomic challenges. Our performance reflects continued progress on strategic priorities and disciplined execution across the company. During the quarter, we successfully completed the sale of our Aerospace business, further sharpening our focus on core operations.

Leggett & Platt delivered the slowest revenue growth and weakest full-year guidance update of the whole group. Interestingly, the stock is up 10.5% since reporting and currently trades at $10.14.

Read our full report on Leggett & Platt here, it’s free for active Edge members.

Best Q3: La-Z-Boy

The prized possession of every mancave, La-Z-Boy is a furniture company specializing in recliners, sofas, and seats.

La-Z-Boy reported revenues of $522.5 million, flat year on year, outperforming analysts’ expectations by 1.2%. The business had an exceptional quarter with a beat of analysts’ EPS estimates and an impressive beat of analysts’ adjusted operating income estimates.

The market seems happy with the results as the stock is up 31.8% since reporting. It currently trades at $39.10.

Is now the time to buy La-Z-Boy? Access our full analysis of the earnings results here, it’s free for active Edge members.

Weakest Q3: Mohawk Industries

Established in 1878, Mohawk Industries is a leading producer of floor-covering products for both residential and commercial applications.

Mohawk Industries reported revenues of $2.76 billion, up 1.4% year on year, exceeding analysts’ expectations by 1.6%. Still, it was a mixed quarter as it posted EPS guidance for next quarter missing analysts’ expectations.

As expected, the stock is down 10.4% since the results and currently trades at $115.50.

Read our full analysis of Mohawk Industries’s results here.

Purple

Founded by two brothers, Purple creates sleep and home comfort products such as mattresses, pillows, and bedding accessories.

Purple reported revenues of $118.8 million, flat year on year. This number lagged analysts' expectations by 3.6%. More broadly, it was actually a strong quarter as it recorded a solid beat of analysts’ EBITDA estimates and a beat of analysts’ EPS estimates.

Purple pulled off the highest full-year guidance raise but had the weakest performance against analyst estimates among its peers. The stock is up 2% since reporting and currently trades at $0.83.

Read our full, actionable report on Purple here, it’s free for active Edge members.

Somnigroup

Established through the merger of Tempur-Pedic and Sealy in 2012, Somnigroup is a bedding manufacturer known for its innovative memory foam mattresses and sleep products

Somnigroup reported revenues of $2.12 billion, up 63.3% year on year. This result topped analysts’ expectations by 3%. It was a strong quarter as it also logged a solid beat of analysts’ Direct revenue estimates and full-year EPS guidance topping analysts’ expectations.

Somnigroup achieved the biggest analyst estimates beat and fastest revenue growth among its peers. The stock is up 13.9% since reporting and currently trades at $90.70.

Read our full, actionable report on Somnigroup here, it’s free for active Edge members.

Risk Warnings and Disclaimers

You understand and acknowledge that there is a high degree of risk involved in trading. Following any strategies or investment methods may lead to potential losses. The content on the site is provided by our contributors and analysts for information purposes only. You are solely responsible for determining whether any trading assets, securities, strategy, or any other product is suitable for investing based on your own investment objectives and financial situation.

Add to Favorites

Germany stocks higher at close of trade; DAX up 0.95%

Investing.com

Advanced Micro Devices

+0.98%

SmartStop Self Storage Reit Corp.

+0.73%

Investing.com – Germany stocks were higher after the close on Tuesday, as gains in the Technology, Telecoms and Pharmaceuticals & Healthcare sectors led shares higher.

At the close in Frankfurt, the DAX rose 0.95%, while the MDAX index climbed 1.32%, and the TecDAX index climbed 1.00%.

The best performers of the session on the DAX were Heidelberg Materials AG (ETR:HEIG), which rose 6.64% or 13.80 points to trade at 221.60 at the close. Meanwhile, Continental AG O.N. (ETR:CONG) added 3.03% or 1.90 points to end at 64.64 and Daimler Truck Holding AG (ETR:DTGGe) was up 2.97% or 1.07 points to 37.15 in late trade.

The worst performers of the session were Scout24 AG (ETR:G24n), which fell 2.08% or 1.85 points to trade at 87.15 at the close. RWE AG ST O.N. (ETR:RWEG) declined 1.52% or 0.67 points to end at 43.41 and SAP SE (ETR:SAPG) was down 1.28% or 2.65 points to 204.85.

The top performers on the MDAX were Sartorius AG VZO O.N. (ETR:SATG_p) which rose 5.05% to 243.20, RENK Group AG (ETR:R3NK) which was up 4.68% to settle at 50.91 and K+S AG (ETR:SDFGn) which gained 3.98% to close at 11.49.

The worst performers were IONOS Group SE (ETR:IOSn) which was down 1.97% to 27.40 in late trade, LEG Immobilien AG (ETR:LEGn) which lost 1.15% to settle at 64.25 and Tag Immobilien AG (ETR:TEGG) which was down 0.97% to 14.23 at the close.

The top performers on the TecDAX were Sartorius AG VZO O.N. (ETR:SATG_p) which rose 5.05% to 243.20, Evotec AG O.N. (ETR:EVTG) which was up 3.96% to settle at 5.51 and Bechtle AG (ETR:BC8G) which gained 2.84% to close at 39.80.

The worst performers were SMA Solar Technology AG (ETR:S92G) which was down 3.84% to 31.56 in late trade, PNE Wind AG (ETR:PNEGn) which lost 3.19% to settle at 9.72 and IONOS Group SE (ETR:IOSn) which was down 1.97% to 27.40 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 410 to 226 and 15 ended unchanged.

Shares in Heidelberg Materials AG (ETR:HEIG) rose to all time highs; up 6.64% or 13.80 to 221.60. Shares in SAP SE (ETR:SAPG) fell to 52-week lows; falling 1.28% or 2.65 to 204.85. Shares in PNE Wind AG (ETR:PNEGn) fell to 3-years lows; falling 3.19% or 0.32 to 9.72.

The DAX volatility index, which measures the implied volatility of DAX options, was up 8.48% to 23.43 a new 3-months high.

Gold Futures for February delivery was up 0.25% or 10.50 to $4,180.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 1.87% or 1.10 to hit $57.82 a barrel, while the February Brent oil contract fell 1.69% or 1.06 to trade at $61.66 a barrel.

EUR/USD was unchanged 0.35% to 1.16, while EUR/GBP unchanged 0.25% to 0.88.

The US Dollar Index Futures was down 0.27% at 99.80.

Risk Warnings and Disclaimers

Add to Favorites

Dj Purple Innovation Inc, Inst Holders, 3Q 2025 (Prpl)

Reuters

Purple Innovation

-1.45%

Risk Warnings and Disclaimers

Add to Favorites

American Outdoor Brands, Lincoln Educational, Somnigroup, Scholastic, and CBRE Stocks Trade Up, What You Need To Know

Stock Story

American Outdoor Brands

+0.57%

Lincoln Educational Services

Tempur Sealy International

+1.83%

What Happened?

A number of stocks jumped in the afternoon session after comments from a key Federal Reserve official bolstered hopes for an interest rate cut. New York Federal Reserve President John Williams stated he sees “room for a further adjustment” in the near term, sparking a significant market rally. Following his remarks, the probability of the central bank cutting rates at its December meeting jumped from 39% to over 73%, according to the CME FedWatch tool. This positive sentiment provided relief to markets amid concerns over high valuations, particularly in AI-related stocks.

The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks.

Among others, the following stocks were impacted:

Leisure Products company American Outdoor Brands jumped 3.7%. Is now the time to buy American Outdoor Brands? Access our full analysis report here, it’s free for active Edge members.
Education Services company Lincoln Educational jumped 3.5%. Is now the time to buy Lincoln Educational? Access our full analysis report here, it’s free for active Edge members.
Home Furnishings company Somnigroup jumped 3.7%. Is now the time to buy Somnigroup? Access our full analysis report here, it’s free for active Edge members.
Media company Scholastic jumped 3.6%. Is now the time to buy Scholastic? Access our full analysis report here, it’s free for active Edge members.
Real Estate Services company CBRE jumped 3.6%. Is now the time to buy CBRE? Access our full analysis report here, it’s free for active Edge members.

Zooming In On Somnigroup (SGI)

Somnigroup’s shares are not very volatile and have only had 7 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful, although it might not be something that would fundamentally change its perception of the business.

The previous big move we wrote about was 15 days ago when the stock gained 11.1% on the news that the company reported strong third-quarter financial results that beat expectations and raised its full-year guidance.

The bedding manufacturer announced that its revenue grew by 63.3% year-over-year to $2.12 billion, surpassing analyst forecasts of $2.06 billion. The company's adjusted earnings per share of $0.95 also topped Wall Street's expectations of $0.86. This strong performance was driven by significant growth in its direct-to-consumer sales, which offset a miss in its wholesale segment. Adding to the positive news, Somnigroup increased its full-year adjusted EPS guidance to a midpoint of $2.68. The comprehensive earnings beat and improved outlook fueled investor confidence in the company's direction.

Somnigroup is up 56.5% since the beginning of the year, and at $87.33 per share, it is trading close to its 52-week high of $93.50 from November 2025. Investors who bought $1,000 worth of Somnigroup’s shares 5 years ago would now be looking at an investment worth $3,405.

Risk Warnings and Disclaimers

Add to Favorites

Charter, La-Z-Boy, Tapestry, Boyd Gaming, and Lindblad Expeditions Stocks Trade Up, What You Need To Know

Stock Story

Charter Communications

What Happened?

The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks.

Among others, the following stocks were impacted:

Wireless, Cable and Satellite company Charter jumped 3.9%. Is now the time to buy Charter? Access our full analysis report here, it’s free for active Edge members.
Home Furnishings company La-Z-Boy jumped 3.8%. Is now the time to buy La-Z-Boy? Access our full analysis report here, it’s free for active Edge members.
Apparel and Accessories company Tapestry jumped 3.9%. Is now the time to buy Tapestry? Access our full analysis report here, it’s free for active Edge members.
Casino Operator company Boyd Gaming jumped 3.9%. Is now the time to buy Boyd Gaming? Access our full analysis report here, it’s free for active Edge members.
Travel and Vacation Providers company Lindblad Expeditions jumped 3.8%. Is now the time to buy Lindblad Expeditions? Access our full analysis report here, it’s free for active Edge members.

Zooming In On Charter (CHTR)

Charter’s shares are not very volatile and have only had 7 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful, although it might not be something that would fundamentally change its perception of the business.

The previous big move we wrote about was 18 days ago when the stock dropped 5.6% on the news that the stock's negative momentum continurd as the company reported disappointing third-quarter 2025 financial results, which missed analyst expectations and revealed a significant loss in internet customers. The cable and broadband provider announced earnings per share of $8.34, falling short of the $9.27 analysts had predicted. Revenue also came in slightly below forecasts at $13.67 billion. A key point of concern was the loss of 109,000 internet customers during the quarter, a larger decline than the 83,000 that Wall Street had anticipated. The company’s CEO noted that tough competition from fixed wireless and fiber providers was a major factor. Adding to the pressure, Wells Fargo lowered its price target on the stock by 20% to $240 from $300, although it kept its "Equal-Weight" rating.

Charter is down 42.2% since the beginning of the year, and at $201.83 per share, it is trading 52.8% below its 52-week high of $427.25 from May 2025. Investors who bought $1,000 worth of Charter’s shares 5 years ago would now be looking at an investment worth $312.89.

Risk Warnings and Disclaimers

Add to Favorites

Harley-Davidson, Mister Car Wash, Leggett & Platt, Hilton, and European Wax Center Stocks Trade Up, What You Need To Know

Stock Story

European Wax Center

-0.61%

Mister Car Wash, Inc.

What Happened?

The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks.

Among others, the following stocks were impacted:

Leisure Products company Harley-Davidson jumped 4%. Is now the time to buy Harley-Davidson? Access our full analysis report here, it’s free for active Edge members.
Specialized Consumer Services company Mister Car Wash jumped 4.2%. Is now the time to buy Mister Car Wash? Access our full analysis report here, it’s free for active Edge members.
Home Furnishings company Leggett & Platt jumped 4.2%. Is now the time to buy Leggett & Platt? Access our full analysis report here, it’s free for active Edge members.
Travel and Vacation Providers company Hilton jumped 4%. Is now the time to buy Hilton? Access our full analysis report here, it’s free for active Edge members.
Leisure Facilities company European Wax Center jumped 4.1%. Is now the time to buy European Wax Center? Access our full analysis report here, it’s free for active Edge members.

Zooming In On Mister Car Wash (MCW)

Mister Car Wash’s shares are somewhat volatile and have had 11 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business.

The previous big move we wrote about was 9 days ago when the stock gained 3.1% as investors continued to pile into value-oriented names amid growing valuation concerns. This shift reflected growing caution over high valuations within the technology and artificial intelligence (AI) spheres. As market participants reassessed risk, they reallocated capital from growth-heavy indices, like the Nasdaq, to companies in areas like industrials and financials, perceived to be more reasonably priced.Contributing to the positive momentum, markets remained hopeful that a prolonged 40-day government shutdown would be over.The U.S. Senate approved a compromise funding package, which was pending a vote in the House. The potential end to the shutdown brought a sense of relief to markets.

Mister Car Wash is down 30.6% since the beginning of the year, and at $5.05 per share, it is trading 40.6% below its 52-week high of $8.49 from February 2025. Investors who bought $1,000 worth of Mister Car Wash’s shares at the IPO in June 2021 would now be looking at an investment worth $248.52.

Risk Warnings and Disclaimers

Add to Favorites

Figs, Steven Madden, Wyndham, Purple, and American Airlines Shares Skyrocket, What You Need To Know

Stock Story

Wyndham Hotels & Resorts

-0.30%

What Happened?

The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks.

Among others, the following stocks were impacted:

Apparel and Accessories company Figs jumped 5.5%. Is now the time to buy Figs? Access our full analysis report here, it’s free for active Edge members.
Footwear company Steven Madden jumped 5%. Is now the time to buy Steven Madden? Access our full analysis report here, it’s free for active Edge members.
Travel and Vacation Providers company Wyndham jumped 5.4%. Is now the time to buy Wyndham? Access our full analysis report here, it’s free for active Edge members.
Home Furnishings company Purple jumped 5.5%. Is now the time to buy Purple? Access our full analysis report here, it’s free for active Edge members.
Travel and Vacation Providers company American Airlines jumped 5.5%. Is now the time to buy American Airlines? Access our full analysis report here, it’s free for active Edge members.

Zooming In On Figs (FIGS)

Figs’s shares are extremely volatile and have had 30 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business.

The previous big move we wrote about was 8 days ago when the stock dropped 4.7% on the news that the broader U.S. stock market declined amid investor caution and a pullback in technology stocks.

The main story? Investors are cashing in on a good run and feeling a bit cautious. After a fantastic run, many of those high-flying AI and technology stocks saw investors take profits: selling shares to lock in their gains.This is often called a "market rotation." Money is moving out of the red-hot tech sector (which some worry has become too expensive) and into other parts of the market that investors may currently deem more stable or reasonably-priced.There's a secondary reason for the cautious mood: The long government shutdown came to an end. Though it's typically interpreted as good news, it also means a flood of delayed economic reports will be released. For weeks, investors were "flying blind" without key updates on the economy's health, like inflation data and the jobs report. In typical "sell the news" fashion, investors may also be taking profits and selling in anticipation that the new data would potentially give the Federal Reserve reasons to slow or even pause future rate cuts.

Figs is up 63.8% since the beginning of the year, and at $9.65 per share, it is trading close to its 52-week high of $10.02 from November 2025. Investors who bought $1,000 worth of Figs’s shares at the IPO in May 2021 would now be looking at an investment worth $321.45.

Risk Warnings and Disclaimers

Add to Favorites