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TPX / Tempur Sealy stock slumps toward 9-month low after profit, sales miss expectations as costs jumped

Tempur Sealy stock slumps toward 9-month low after profit, sales miss expectations as costs jumped
Shares of Tempur Sealy International Inc. TPX, +0.32% sank 3.5% toward a nine-month low in premarket trading Tuesday, after the mattress maker reported fourth-quarter profit that missed expectations, as a cost of sales growth outpaced sales growth to send gross margin lower. Net income rose to $175.8 million, or 88 cents a share, from $144.7 million, or 67 cents a share, but missed the FactSet consensus for earnings per share of 96 cents. Read More
Posted: Feb 22 2022, 06:50
Author Name: Market Watch
Views: 110231

TPX News  

Tempur Sealy (TPX) Q3 Earnings and Revenues Lag Estimates

By Zacks Investment Research
November 2, 2023

Tempur Sealy (TPX) Q3 Earnings and Revenues Lag Estimates

Tempur Sealy (TPX) came out with quarterly earnings of $0.77 per share, missing the Zacks Consensus Estimate of $0.80 per share. This compares to earn more_horizontal

Tempur Sealy's stock slides 5% as weak U.S. bedding market hurts earnings and company lowers guidance

By Market Watch
November 2, 2023

Tempur Sealy's stock slides 5% as weak U.S. bedding market hurts earnings and company lowers guidance

Tempur Sealy International Inc.'s stock TPX, +1.18% tumbled 7.4% early Thursday, after the mattress company's third-quarter earnings fell short of exp more_horizontal

Tempur Sealy International: Company-Specific Initiatives Should Drive Outperformance

By Seeking Alpha
September 6, 2023

Tempur Sealy International: Company-Specific Initiatives Should Drive Outperformance

TPX's 2Q23 results show outperformance in a sluggish industry, driven by company-specific initiatives. Investments in the direct-to-consumer channel a more_horizontal

Tempur Sealy: Waking Up To Resilient Demand

By Seeking Alpha
August 4, 2023

Tempur Sealy: Waking Up To Resilient Demand

Tempur Sealy has been a strong performer, beating consensus estimates and gaining 58% in the last year. The company has outperformed the mattress indu more_horizontal

Tempur Sealy International Inc: A Strong Performer with Good Outperformance Potential

By GuruFocus
August 3, 2023

Tempur Sealy International Inc: A Strong Performer with Good Outperformance Potential

Tempur Sealy International Inc ( TPX , Financial), a leading player in the Furnishings, Fixtures & Appliances industry, is currently trading at $45.39 more_horizontal

Tempur Sealy (TPX) Beats Q2 Earnings and Revenue Estimates

By Zacks Investment Research
August 3, 2023

Tempur Sealy (TPX) Beats Q2 Earnings and Revenue Estimates

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 earn more_horizontal

Tempur Sealy says its IT system was hacked in July

By Market Watch
July 31, 2023

Tempur Sealy says its IT system was hacked in July

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 fili more_horizontal

Tempur Sealy to Announce Second Quarter 2023 Financial Results on August 3rd

By PRNewsWire
July 19, 2023

Tempur Sealy to Announce Second Quarter 2023 Financial Results on August 3rd

LEXINGTON, Ky. , July 19, 2023 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE: TPX) will release its financial results for the second quarter more_horizontal


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