TPX Stock Recent News

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.

LEXINGTON, Ky. , Oct. 19, 2023 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE: TPX) will release its financial results for the third quarter ended September 30, 2023, before the NYSE opening of regular trading on Thursday, November 2, 2023.

LEXINGTON, Ky. , Sept. 8, 2023 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE: TPX, "Company" or "Tempur Sealy") announced today that it will participate in a fireside chat at the Piper Sandler Growth Frontiers Conference on September 12, 2023.

TPX's 2Q23 results show outperformance in a sluggish industry, driven by company-specific initiatives. Investments in the direct-to-consumer channel and geographic expansion are expected to drive market share gains and margin improvement. TPX's global launch in 2023 and early 2024 positions it to capture a larger market share, potentially outpacing growth in the United States.

Tempur Sealy has been a strong performer, beating consensus estimates and gaining 58% in the last year. The company has outperformed the mattress industry, delivering resilient revenue and above-industry EBITDA margins. Despite a challenging industry demand outlook, TPX remains a silver lining and is still a buy at 14.5x 1Y Fwd earnings.

Tempur Sealy International Inc ( TPX , Financial), a leading player in the Furnishings, Fixtures & Appliances industry, is currently trading at $45.39 with a market capitalization of $7.81 billion. The company's stock has seen a gain of 4.34% today and a significant increase of 15.29% over the past four weeks.

Tempur Sealy (TPX) came out with quarterly earnings of $0.58 per share, beating the Zacks Consensus Estimate of $0.55 per share. This compares to earnings of $0.58 per share a year ago.

Tempur Sealy International Inc. TPX, -0.15% said it identified a cybersecurity event involving some of its IT systems on July 23. In a regulatory filing, the mattress company said it has activated its incident response team to contain the incident and is still working to determine whether the breach will have a material impact on its business or financial results.

LEXINGTON, Ky. , July 19, 2023 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE: TPX) will release its financial results for the second quarter ended June 30, 2023, before the NYSE opening of regular trading on Thursday, August 3, 2023.

Yahoo Finance Live's Seana Smith breaks down today's top headlines while looking ahead to the earnings and economic data expected out this week.