TPX Stock Recent News
TPX LATEST HEADLINES
Tempur Sealy International, Inc. TPX is pushing forward with its plans to acquire Mattress Firm, despite an ongoing legal challenge from the Federal Trade Commission. The company has agreed to sell its Sleep Outfitters subsidiary and a portion of Mattress Firm's footprint.
Tempur Sealy International said on Monday it plans to sell more than 100 stores in a bid to get regulatory approval for its $4 billion deal with Mattress Firm.
Mattress maker Tempur Sealy International's proposed $4-billion takeover of retailer Mattress Firm is intended to "eliminate future competition", according to a document unsealed by a Texas judge.
TPX remains a buy rating with expectations of industry cycle turning upwards. TPX's ability to gain market share, cost reductions, and easy y/y comps position it for strong earnings growth ahead. My valuation target price for TPX is $58.
Mattress maker Tempur Sealy International (TPX) on Tuesday reported worse-than-expected results and cut its outlook as inflation led to falling demand in the U.S.
Although the revenue and EPS for Tempur Sealy (TPX) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Tempur Sealy (TPX) came out with quarterly earnings of $0.63 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.58 per share a year ago.
Tempur-Sealy International Inc.'s stock TPX, -0.84% fell 5% early Tuesday, after the mattress maker posted weaker-than-expected second-quarter earnings and lowered its full-year guidance. The Lexington, Ky.
LEXINGTON, Ky. , Aug. 6, 2024 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE: TPX, "Company" or "Tempur Sealy") today announced that its Board of Directors has declared a third quarter cash dividend on its common stock of $0.13 per share.
- Consolidated Sales Decreased 3%, Direct Channel Sales Increased 1% - Consolidated Gross Margins Expanded 2.2% to 44.9% - Strong EPS Growth of 15% and Adjusted EPS(1) Growth of 9% LEXINGTON, Ky. , Aug. 6, 2024 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE: TPX) announced financial results for the second quarter ended June 30, 2024 and revised financial guidance for the full year 2024.