Tempur Sealy International

Tempur Sealy International, Inc. develops, manufactures, markets and distributes bedding products. It operates through North America and International segments. The North America segment consists of Tempur and Sealy manufacturing and distribution subsidiaries, joint ventures and licensees located in the U.S. and Canada. The International segment consists of Tempur and Sealy manufacturing and distribution subsidiaries, joint ventures and licensees located in Europe, Asia-Pacific and Latin America. Its products include mattresses, adjustable bases, pillows and other sleep and relaxation products. The firm's brands include Tempur, Tempur-Pedic, Sealy featuring Posturepedic Technology and Stearns & Foster. The company was founded by Robert B. Trussell, Jr. in 1992 and is headquartered in Lexington, KY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Tempur Sealy reports strong Q4 results, eyes international expansion

Tempur Sealy International (TPX) delivered strong Q4 2022 results, showcasing growth in sales and EPS, while addressing challenges in net sales declines through strategic adjustments.
The company's focus on product quality, brand promotion, and market expansion presents opportunities for sustained growth and profitability amidst industry recovery and market turbulence.
With a proactive approach to acquisitions and market opportunities, Tempur Sealy is well-positioned to navigate challenges, capitalize on opportunities, and drive long-term success in the bedding industry.
Anticipated industry trends, stable market expectations, and strategic initiatives position Tempur Sealy for continued outperformance and growth, setting a positive trajectory for the company's future.

Tempur Sealy reports Q1 decline, eyes growth through acquisitions

Tempur Sealy's Q1 performance saw a decline in sales and adjusted EPS, but the company remains optimistic about future growth driven by strategic initiatives and market outperformance. The acquisition of Mattress Firm is expected to enhance synergies and drive profitability, although challenges in integration and risk management persist.

Tempur Sealy reports robust Q2 performance amidst market challenges

Tempur Sealy International (TPX) delivered strong Q2 results with growth in key markets and successful product launches.
While facing challenges from industry expectations and commodity prices, the company is focused on recovery and market stimulation.
Opportunities lie in improving cash flow, resolving operational issues, and capitalizing on advertising strategies.
Overall, Tempur Sealy remains resilient and adaptive in a changing market landscape.

Tempur Sealy reports robust Q3 performance and strategic growth plans

Tempur Sealy's Q3 2023 performance reflects strong sales, margin improvement, and strategic investments for future growth.
The company's brand strength, successful refinancing, and progress with acquisitions position it well for market expansion and sustained performance.
Challenges in commodity costs, regulatory matters, and customer segments require ongoing management, but opportunities in advertising, new markets, and product innovation offer avenues for growth.

Tempur Sealy reports solid Q4 earnings, eyes growth opportunities

Tempur Sealy's Q4 performance met expectations with a focus on financial strength and product innovation. The company aims to reduce leverage, expand retail relationships, and capitalize on the pending Mattress Firm acquisition for growth.

Tempur Sealy reports strong Q1 results, eyes growth opportunities

Tempur Sealy International (TPX) demonstrated solid financial performance in Q1 2024, driven by successful product launches and operational efficiencies.
While facing challenges such as fluctuating sales trends and market deceleration in the U.K., the company is strategically positioned for growth through new distribution channels and pending acquisitions.
Opportunities lie in driving consumer interest, expanding international business, and leveraging margin improvements to enhance profitability and market competitiveness.

Tempur Sealy International reports robust Q2 earnings and growth outlook

Tempur Sealy International delivered a strong Q2 performance with notable sales and earnings growth, driven by effective cost controls and margin expansion.
While facing industry challenges and adjusting marketing strategies, the company remains well-positioned to capitalize on opportunities for continued growth and value creation.
With a focus on innovation, market expansion, and financial discipline, Tempur Sealy International aims to navigate market dynamics and deliver sustained shareholder value.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Tempur Sealy International, Inc. engages in developing, manufacturing, marketing, and distributing bedding products. Its brands include Tempur, Tempur-Pedic, Sealy, and Stearns and Foster. It operates through the North America and International geographical segments. The North America segment includes Tempur and Sealy manufacturing and distribution subsidiaries, joint ventures and licensees located in the U.S. and Canada. The International segment refers to Tempur and Sealy manufacturing and distribution subsidiaries, joint ventures and licensees located in Europe, Asia-Pacific and Latin America. The company was founded by Robert B. Trussell, Jr. in 1991 and is headquartered in Lexington, KY.

Besides Wall Street's top -and-bottom-line estimates for Tempur Sealy (TPX), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended June 2024.

Curious about Tempur Sealy (TPX) Q2 Performance? Explore Wall Street Estimates for Key Metrics

Tempur Sealy (TPX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Tempur Sealy (TPX) Reports Next Week: Wall Street Expects Earnings Growth

LEXINGTON, Ky. , July 15, 2024 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE: TPX) will release its financial results for the second quarter ended June 30, 2024, before the NYSE opening of regular trading on Tuesday, August 6, 2024.

Tempur Sealy International to Report Second Quarter Financial Results

Tempur Sealy International, Inc. (NYSE:TPX ) Special Call July 8, 2024 8:00 AM ET Company Participants Aubrey Moore - Investor Relations Scott Thompson - Chairman, President & Chief Executive Officer Conference Call Participants Operator Good day, everyone and welcome to today's Tempur Sealy International Business Update Call. At this time, all participants are in a listen-only mode.

Tempur Sealy International, Inc. (TPX) Special Call Transcript

-  The Company to Provide Comments in Connection with the U.S. Federal Trade Commission Challenge of Proposed Acquisition of Mattress Firm LEXINGTON, Ky. , July 3, 2024 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE: TPX, "Company" or "Tempur Sealy") will hold a conference call on Monday, July 8th, at 8:00 a.m.

Tempur Sealy International to Host Business Update Call

The $4 billion takeover by bedding group Tempur Sealy International (NYSE:TPX) of Mattress Firm Group Inc is facing a legal challenge from the US antitrust agency. Overnight, the Federal Trade Commission took the deal to federal court to block the combination of the largest US mattress maker with the biggest bedding retailer.

Tempur Sealy mattress takeover hit by FTC lawsuit

The commission said the acquisition could hike prices for consumers, take out competitors and cut jobs at rival mattress companies.

FTC unanimously votes to block $4B Tempur Sealy, Mattress Firm merger

The Federal Trade Commission voted to file a lawsuit to block the proposed $4 billion merger between Tempur Sealy and Mattress Firm over concerns about its competitive impact.

FTC sues to block $4B merger of mattress firms

LEXINGTON, Ky. , July 2, 2024 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE: TPX, "Company" or "Tempur Sealy") today issued the following statement regarding the press release issued by the U.S. Federal Trade Commission ("FTC") announcing that it would be challenging the proposed combination of Tempur Sealy and Mattress Firm Group Inc. ("Mattress Firm").

Tempur Sealy International Issues Statement on U.S. Federal Trade Commission Challenge of Proposed Acquisition of Mattress Firm

The U.S. Federal Trade Commission said on Tuesday it will sue to block the $4 billion merger between mattress manufacturer Tempur Sealy International Inc and retailer Mattress Firm.

US to block Tempur Sealy's $4 billion Mattress Firm deal

Planet Fitness

ResMed

When one thinks about safe stocks to buy, investors generally think of blue-chip large-cap companies such as Berkshire Hathaway (NYSE: BRK-A , NYSE: BRK-B ) or Microsoft (NASDAQ: MSFT ). However, manufacturers of beds, sleep apnea machines and proper lighting are participating in a $585 billion global sleep economy.

Sound Investments: 3 Stocks to Buy for a Good Night's Rest

While the top- and bottom-line numbers for Tempur Sealy (TPX) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Tempur Sealy (TPX) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

Tempur Sealy International, Inc. (NYSE:TPX ) Q1 2024 Earnings Conference Call May 7, 2024 8:00 AM ET Company Participants Aubrey Moore - Investor Relations Scott Thompson - Chairman, President & Chief Executive Officer Bhaskar Rao - Executive Vice President & Chief Financial Officer Conference Call Participants Susan Maklari - Goldman Sachs Bobby Griffin - Raymond James Rafe Jadrosich - Bank of America Peter Keith - Piper Sandler Seth Basham - Wedbush Michael Lasser - UBS Brad Thomas - KeyBanc Capital Markets Keith Hughes - Truist Phillip Blee - William Blair Laura Champine - Loop Capital William Reuter - Bank of America Brad Thomas - KeyBanc Capital Markets Operator Good day, everyone, and welcome to today's Tempur Sealy International Incorporated Call. At this time, all participants are in a listen-only mode.

Tempur Sealy International, Inc. (TPX) Q1 2024 Earnings Call Transcript

Tempur Sealy (TPX) came out with quarterly earnings of $0.50 per share, beating the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $0.53 per share a year ago.

Tempur Sealy (TPX) Surpasses Q1 Earnings Estimates

LEXINGTON, Ky. , May 7, 2024 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE: TPX, "Company" or "Tempur Sealy") today announced that its Board of Directors has declared a second quarter cash dividend on its common stock of $0.13 per share.

Tempur Sealy Announces Second Quarter Cash Dividend

- First Quarter 2024 Net Sales of $1.2 Billion, Consistent with Prior Year - Strong Consolidated Gross Margins up 1.7% to 43.1% - EPS of $0.43 and Adjusted EPS(1) of $0.50 - Record First Quarter Cash Flow from Operations of  $130 Million LEXINGTON, Ky. , May 7, 2024 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE: TPX) announced financial results for the first quarter ended March 31, 2024 and reaffirmed financial guidance for the full year 2024.

Tempur Sealy Reports First Quarter Results

Besides Wall Street's top -and-bottom-line estimates for Tempur Sealy (TPX), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2024.

Insights Into Tempur Sealy (TPX) Q1: Wall Street Projections for Key Metrics

LEXINGTON, Ky. , April 18, 2024 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE: TPX) will release its financial results for the first quarter ended March 31, 2024, before the NYSE opening of regular trading on Tuesday, May 7, 2024.

Tempur Sealy International to Report First Quarter Financial Results and Provide Update on the Status of the Proposed Mattress Firm Acquisition

–  Expects FTC to complete its review by the end of the second quarter –  Continues to expect the transaction to close in mid to late 2024 –  Further solidifies key supplier relationships to maintain Mattress Firm's position as a leading multi-branded retailer LEXINGTON, Ky. , March 12, 2024 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE: TPX, "Company" or "Tempur Sealy") today provided an update with respect to the Company's acquisition of Mattress Firm Group Inc. ("Mattress Firm").

Tempur Sealy Provides Update on Mattress Firm Acquisition

Haverty Furniture Companies

Leggett & Platt

Mohawk Industries

Whirlpool

Some sub-sectors of the market are facing severe challenges. Even some blue chips are at risk of a dividend cut. We highlight 2 popular dividend stock that could cut soon.

2 Popular Dividend Stocks That Could Cut The Cheese

Tempur Sealy International, Inc. (TPX) Q4 2023 Earnings Call Transcript

While the top- and bottom-line numbers for Tempur Sealy (TPX) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Here's What Key Metrics Tell Us About Tempur Sealy (TPX) Q4 Earnings

Tempur Sealy (TPX) came out with quarterly earnings of $0.53 per share, missing the Zacks Consensus Estimate of $0.54 per share. This compares to earnings of $0.54 per share a year ago.

Tempur Sealy (TPX) Q4 Earnings and Revenues Miss Estimates

- Reports Fourth Quarter 2023 Net Sales of $1.2 Billion, consistent with prior year - Reports Fourth Quarter 2023 EPS of $0.43 and Adjusted EPS(1) of $0.53 - Consolidated Gross Margins expanded 260 basis points to 43.8% - Increased Quarterly Cash Dividend 18% to $0.13 per share LEXINGTON, Ky., Feb. 8, 2024 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE: TPX) announced financial results for the fourth quarter and year ended December 31, 2023.

Tempur Sealy Reports Fourth Quarter and Full Year 2023 Results

–  Increases quarterly cash dividend 18% to $0.13 per share LEXINGTON, Ky. , Feb. 8, 2024 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE: TPX, "Company" or "Tempur Sealy") today announced that its Board of Directors has declared a first quarter cash dividend on its common stock of $0.13 per share.

News for Tempur Sealy International Stock (TPX)