TPX - Earnings announcements

-  Announces Tempur Sealy International, Inc to Change its Name to Somnigroup International Inc., Reflecting Acceleration of Omni-Channel Strategy-  Hosting Business Update Call on February 6, 2025 LEXINGTON, Ky., Feb. 5, 2025 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE:TPX, ", Company", or ", Tempur Sealy", )) today announced that it has completed its previously announced acquisition of Mattress Firm Group Inc. ("Mattress Firm"), the nation's largest mattress specialty retailer. In a separate release today, the Company announced it will change its name to Somnigroup International Inc. ("Somnigroup"), effective February 18, 2025. Mattress Firm, Dreams and Tempur Sealy will operat

LEXINGTON, Ky., Feb. 4, 2025 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE:TPX, ", Company", or ", Tempur Sealy", )) announced today that it expects to close its previously announced acquisition of Mattress Firm Group Inc. ("Mattress Firm"), the nation's largest mattress specialty retailer, on Wednesday, February 5, 2025. This follows the ruling from the United States District Court for the Southern District of Texas denying the motion by the Federal Trade Commission ("FTC") for a preliminary injunction to halt the closing of the proposed acquisition. The FTC has indicated that it will not seek emergency relief from the Fifth Circuit and will not prevent the transaction from closing

LEXINGTON, Ky., Jan. 15, 2025 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE:TPX) will release its financial results for the fourth quarter and full year ended December 31, 2024, before the NYSE opening of regular trading on Thursday, February 20, 2025. The Company will hold a conference call at 8:00 a.m. Eastern Time. The call will be webcast and can be accessed on the Company's investor relations website at investor.tempursealy.com. After the conference call, a webcast replay will remain available on the website for 30 days. About the Company Tempur Sealy is committed to improving the sleep of more people, every night, all around the world. As a leading designer, manufacturer, dis

- Consolidated Sales Growth of 2%- Consolidated Gross Margins Expands- EPS Growth of 14% and Adjusted EPS(1) Growth of 7%- Robust Third Quarter Cash Flow from Operations of $257 Million LEXINGTON, Ky., Nov. 7, 2024 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE:TPX) announced financial results for the third quarter ended September 30, 2024 and narrowed financial guidance for the full year 2024. THIRD QUARTER 2024 FINANCIAL SUMMARY Total net sales increased 1.8% to $1,300.0 million as compared to $1,277.1 million in the third quarter of 2023, with a decrease of 0.8% in the North America business segment and an increase of 12.4% in the International business segment. On a constant cur

LEXINGTON, Ky., Oct. 15, 2024 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE:TPX) will release its financial results for the third quarter ended September 30, 2024, before the NYSE opening of regular trading on Thursday, November 7, 2024. The Company will hold a conference call at 8:00 a.m. Eastern Time. The call will be webcast and can be accessed on the Company's investor relations website at investor.tempursealy.com. After the conference call, a webcast replay will remain available on the website for 30 days. About the CompanyTempur Sealy is committed to improving the sleep of more people, every night, all around the world. As a leading designer, manufacturer, distributor, and re

- 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. SECOND QUARTER 2024 FINANCIAL SUMMARY Total net sales decreased 2.8% to $1,233.6 million as compared to $1,269.7 million in the second quarter of 2023, with a decrease of 3.8% in the North America business segment and consistent sales in the International business segment. On a constant currency basis(1)

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. The Company will hold a conference call at 8:00 a.m. Eastern Time. The call will be webcast and can be accessed on the Company's investor relations website at investor.tempursealy.com. After the conference call, a webcast replay will remain available on the website for 30 days. About the Company Tempur Sealy is committed to improving the sleep of more people, every night, all around the world. As a leading designer, manufacturer, distributor, and retailer

-  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. Eastern Time to discuss the Company's response to the filing of a complaint by the U.S. Federal Trade Commission ("FTC") challenging the proposed combination of Tempur Sealy and Mattress Firm Group Inc. ("Mattress Firm"). As the acquisition is being challenged in court, the Company's commentary is limited and the Company will not take questions at this time.  The call

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 has been working constructively with the FTC to secure regulatory approval for this transaction and is disappointed that the FTC has initiated litigation. We appreciate their efforts to understand the industry and the proposed transaction, but ultimately believe the FTC's perspective does not reflect all the re

- 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. FIRST QUARTER 2024 FINANCIAL SUMMARY Total net sales decreased 1.5% to $1,189.4 million as compared to $1,208.1 million in the first quarter of 2023, with a decrease of 2.0% in the North America business segment and consistent sales in the Interna

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. The Company also will provide an update on the status of the proposed acquisition of Mattress Firm. The Company will hold a conference call at 8:00 a.m. Eastern Time. The call will be webcast and can be accessed on the Company's investor relations website at investor.tempursealy.com. After the conference call, a webcast replay will remain available on the website for 30 days. About the Company Tempur Sealy is committed to improving the sleep of more people,

- 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. The Company also issued financial guidance for the full year 2024. FOURTH QUARTER 2023 KEY HIGHLIGHTS Total net sales decreased 1.4% to $1,170.5 million as compared to $1,187.4 million in the fourth quarter of 2022, with a decrease of 4.0% in the No

LEXINGTON, Ky., Jan. 15, 2024 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE:TPX) will release its financial results for the fourth quarter ended December 31, 2023, before the NYSE opening of regular trading on Thursday, February 8, 2024. The Company also will provide an update on the status of the proposed acquisition of Mattress Firm. The Company will hold a conference call at 8:00 a.m. Eastern Time. The call will be webcast and can be accessed on the Company's investor relations website at investor.tempursealy.com. After the conference call, a webcast replay will remain available on the website for 30 days. About the CompanyTempur Sealy is committed to improving the sleep of more

Consolidated Net Sales Increases 4.8% to Approximately $1.3 Billion Expands Consolidated Gross Margins and Operating Margins Realizes Robust Cash Flow from Operations of Approximately $150 Million Declares Third Quarter Dividend of $0.11 per shareLEXINGTON, Ky., Aug. 3, 2023 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE:TPX) announced financial results for the second quarter ended June 30, 2023 and updated financial guidance for the full year 2023. SECOND QUARTER 2023 FINANCIAL SUMMARY Total net sales increased 4.8% to $1,269.7 million as compared to $1,211.0 million in the second quarter of 2022. On a constant currency basis(1), total net sales increased 5.0%, with an increase of

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. The Company will hold a conference call to discuss those results at 8:00 a.m. Eastern Time. The call will be webcast and can be accessed on the Company's investor relations website at investor.tempursealy.com. After the conference call, a webcast replay will remain available on the website for 30 days. About the CompanyTempur Sealy is committed to improving the sleep of more people, every night, all around the world. As a leading designer, manufacturer, d

Announces Agreement to Acquire Mattress Firm Reports EPS of $0.48 and Adjusted EPS(1) of $0.53Declares First Quarter Dividend of $0.11 per shareReaffirms 2023 Adjusted EPS(1) Guidance Range of $2.60 - $2.80LEXINGTON, Ky., May 9, 2023 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE:TPX) and Mattress Firm Group Inc. ("Mattress Firm") today announced that Tempur Sealy has signed a definitive agreement to acquire Mattress Firm, the nation's largest mattress specialty retailer, in a cash and stock transaction valued at approximately $4.0 billion. The Company expects the transaction to close in the second half of 2024, subject to the satisfaction of customary closing conditions, including a

–  Significantly Expands Consumer Touchpoints and Accelerates U.S. Omni-Channel Strategy –  Simplifies Consumer Purchase Journey and Facilitates Innovation –  Streamlines Operations and Drives Adjusted EPS Accretion –  Tempur Sealy to Host Conference Call to Discuss First Quarter 2023 Results and the Transaction at 8:00 a.m. Eastern Time Today, May 9th LEXINGTON, Ky., May 9, 2023 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE:TPX, ", Company", or ", Tempur Sealy", ))) and Mattress Firm Group Inc. ("Mattress Firm") today announced that Tempur Sealy has signed a definitive agreement to acquire Mattress Firm, the nation's largest mattress specialty retailer, in a cash and stock transact

LEXINGTON, Ky., April 20, 2023 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE:TPX) will release its financial results for the first quarter ended March 31, 2023, before the NYSE opening of regular trading on Tuesday, May 9, 2023. The Company will hold a conference call to discuss those results at 8:00 a.m. Eastern Time. The call will be webcast and can be accessed on the Company's investor relations website at investor.tempursealy.com. After the conference call, a webcast replay will remain available on the website for 30 days. About the Company Tempur Sealy is committed to improving the sleep of more people, every night, all around the world. As a leading designer, manufacturer, dis

-Reports Fourth Quarter 2022 Net Sales of $1.2 Billion and EPS of $0.57- Increased Quarterly Dividend 10% to $0.11 per share-Targeting Sales and Adjusted EPS Growth in 2023 LEXINGTON, Ky., Feb. 9, 2023 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE:TPX) announced financial results for the fourth quarter and year ended December 31, 2022. The Company also issued financial guidance for the full year 2023.  FOURTH QUARTER 2022 KEY HIGHLIGHTS Total net sales decreased 12.7% to $1,187.4 million as compared to $1,359.6 million in the fourth quarter of 2021, with a decrease of 12.2% in the North America business segment and a decrease of 14.3% in the International business segment.Gross mar

LEXINGTON, Ky., Jan. 11, 2023 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE:TPX) will release its financial results for the fourth quarter and full year ended December 31, 2022, before the NYSE opening of regular trading on Thursday, February 9, 2023. The Company will hold a conference call to discuss those results at 8:00 a.m. Eastern Time. The call will be webcast and can be accessed on the Company's investor relations website at investor.tempursealy.com. After the conference call, a webcast replay will remain available on the website for 30 days. About the Company Tempur Sealy is committed to improving the sleep of more people, every night, all around the world. As a leading desi

- Consolidated Sales Decreased 5.5%, Direct Channel Sales Increased 8.1% - Reports EPS of $0.75 and Adjusted EPS(1) of $0.78 - Declares Fourth Quarter Dividend of $0.10 per share LEXINGTON, Ky., Nov. 3, 2022 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE:TPX) announced financial results for the third quarter ended September 30, 2022. The Company also issued updated financial guidance for the full year 2022. THIRD QUARTER 2022 FINANCIAL SUMMARY Total net sales decreased 5.5% to $1,283.3 million as compared to $1,358.3 million in the third quarter of 2021. On a constant currency basis(1), total net sales decreased 3.1%, with a decrease of 5.4% in the North America business segment and

LEXINGTON, Ky., Oct. 19, 2022 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE:TPX) will release its financial results for the third quarter ended September 30, 2022, before the NYSE opening of regular trading on Thursday, November 3, 2022. The Company will hold a conference call to discuss those results at 8:00 a.m. Eastern Time. The call will be webcast and can be accessed on the Company's investor relations website at investor.tempursealy.com. After the conference call, a webcast replay will remain available on the website for 30 days. About the Company Tempur Sealy is committed to improving the sleep of more people, every night, all around the world. As a leading designer, manufact

-Consolidated Net Sales Increased 4% -Full Year 2022 Adjusted EPS Guidance Revised to $2.60 to $2.80 -Repurchased Over 4 Million Shares and Maintained Leverage Ratio Within Target Range of 2 to 3 times LEXINGTON, Ky., July 27, 2022 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE:TPX) announced financial results for the second quarter ended June 30, 2022. The Company also issued updated financial guidance for the full year 2022. SECOND QUARTER 2022 FINANCIAL SUMMARY Total net sales increased 3.6% to $1,211.0 million as compared to $1,169.1 million in the second quarter of 2021. On a constant currency basis(1), total net sales increased 5.1%, with a decrease of 4.6% in the North Americ

LEXINGTON, Ky., July 13, 2022 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE:TPX) will release its financial results for the second quarter ended June 30, 2022 before the NYSE opening of regular trading on Wednesday, July 27, 2022. The Company will hold a conference call to discuss those results at 8:00 a.m. Eastern Time. The call will be webcast and can be accessed on the Company's investor relations website at investor.tempursealy.com. After the conference call, a webcast replay will remain available on the website for 30 days. About the Company Tempur Sealy is committed to improving the sleep of more people, every night, all around the world. As a global leader in the design, manu

-Consolidated Net Sales Increased 19%, International Net Sales Increased 92% -EPS Increased 11% to $0.69 LEXINGTON, Ky., April 28, 2022 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE:TPX) announced financial results for the first quarter ended March 31, 2022. The Company also issued updated financial guidance for the full year 2022. FIRST QUARTER 2022 FINANCIAL SUMMARY Total net sales increased 18.7% to $1,239.5 million as compared to $1,043.8 million in the first quarter of 2021. On a constant currency basis(1), total net sales increased 19.8%, with an increase of 5.5% in the North America business segment and an increase of 98.6% in the International business segment, primarily dri

-  Expects First Quarter Net Sales Growth of 15 Percent Compared to First Quarter 2021 LEXINGTON, Ky., March 31, 2022  /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE:TPX, ", Company", or ", Tempur Sealy", ))) today provided an update on expected first quarter sales growth. Based on current information, the Company estimates first quarter 2022 consolidated net sales growth of approximately 15 percent year-over-year. Tempur Sealy Chairman and CEO Scott Thompson commented, "We expect that the first quarter of 2022 will be the 10th out of the last 11 quarters that we have delivered double-digit sales growth. However, while we expect double digit sales in the first quarter, recent geopol

LEXINGTON, Ky., Feb. 22, 2022 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE:TPX) announced record financial results for the fourth quarter and year ended December 31, 2021. The Company also issued financial guidance for the full year 2022.  FOURTH QUARTER 2021 KEY HIGHLIGHTS Total net sales increased 28.6% to $1,359.6 million as compared to $1,057.0 million in the fourth quarter of 2020, with an increase of 18.9% in the North America business segment and an increase of 82.1% in the International business segment. Net sales through the direct channel increased $166.7 million, or 115.4%, to $311.2 million, as compared to the fourth quarter of 2020. The direct channel is on an annual

LEXINGTON, Ky., Jan. 10, 2022 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE:TPX) will release its financial results for the fourth quarter and full year ended December 31, 2021 before the NYSE opening of regular trading on Tuesday, February 22, 2022. The Company will hold a conference call to discuss those results at 8:00 a.m. Eastern Time. The call will be webcast and can be accessed on the Company's investor relations website at investor.tempursealy.com. After the conference call, a webcast replay will remain available on the website for 30 days. About the CompanyTempur Sealy is committed to improving the sleep of more people, every night, all around the world. As a global leader

LEXINGTON, Ky., Oct. 28, 2021 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE:TPX) announced financial results for the third quarter ended September 30, 2021. The Company also issued updated financial guidance for the full year 2021 that reflects the improved business performance. THIRD QUARTER 2021 FINANCIAL SUMMARY Total net sales increased 20.0% to $1,358.3 million as compared to $1,132.3 million in the third quarter of 2020. On a constant currency basis(1), total net sales increased 19.2%, with an increase of 11.9% in the North America business segment and an increase of 71.6% in the International business segment. Gross margin was 42.5% as compared to 46.8% in the third quarter o

LEXINGTON, Ky., Oct. 14, 2021 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE:TPX) will release its financial results for the third quarter ended September 30, 2021 before the NYSE opening of regular trading on Thursday, October 28, 2021. The Company will hold a conference call to discuss those results at 8:00 a.m. Eastern Time. The call will be webcast and can be accessed on the Company's investor relations website at investor.tempursealy.com. After the conference call, a webcast replay will remain available on the website for 30 days. About the Company Tempur Sealy is committed to improving the sleep of more people, every night, all around the world. As a global leader in the design

LEXINGTON, Ky., July 29, 2021 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE:TPX) announced financial results for the second quarter ended June 30, 2021. The Company issued updated financial guidance for the full year 2021 that reflects the improved business trends and the acquisition of Dreams, which is scheduled to close in early August. SECOND QUARTER 2021 FINANCIAL SUMMARY Total net sales increased 75.8% to $1,169.1 million as compared to $665.2 million in the second quarter of 2020. On a constant currency basis(1), total net sales increased 72.6%, with an increase of 73.8% in the North America business segment and an increase of 64.5% in the International business segment. Gross