Tempur Sealy International Inc Stock News

Tempur-Sealy International stock fell to a new 52-week low after the company''s Q4 earnings report fell short of expectations. Read more.

Tempur Sealy <> reports Q4 earnings fell short of consensus.Total net sales increased 28.6% Y/Y, with an increase of 18.9% in the North America business segment and an increase

Tempur Sealy (TPX) delivered earnings and revenue surprises of -8.33% and 6.73%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

The mattress-making titan posted impressive fourth-quarter results, but Wall Street wanted more.

Tempur Sealy International, Inc. (TPX) CEO Scott Thompson on Q4 2021 Results - Earnings Call Transcript

Shares of Tempur Sealy International Inc. 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. Sales grew 28.6% to $1.36 billion, but was below the FactSet consensus of $1.45 billion. Cost of sales increased 32.1% to $755.1 million as gross margin declined to 44.5% from 45.9%. For 2022, the company expects EPS of $3.65 to $3.85 and sales growth of between 15% and 20%, while the FactSet consensus for EPS was $3.76 and for sales of $5.60 billion implies 13.5% growth. Separately, the company said it raised its quarterly dividend to 10 cents a share from 9 cents, with the new dividend payable March 22 to shareholders of record on March 8. The stock has dropped 15.1% over the past three months through Friday, while the S&P 500 has shed 7.1%.

Tempur Sealy press release (TPX): Q4 Non-GAAP EPS of $0.88 misses by $0.08.Revenue of $1.36B (+28.3% Y/Y) misses by $90M.For FY2022, the company currently expects EPS between $3.65

Tempur Sealy (NYSE:TPX) declares $0.10/share quarterly dividend, 11.1% increase from prior dividend of $0.09.Forward yield 1.07%Payable March 22; for shareholders of record March 8; ex-div

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

Tempur Sealy (TPX) delivered earnings and revenue surprises of -8.33% and 6.73%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

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,

Tempur Sealy (NYSE:TPX) is scheduled to announce Q4 earnings results on Tuesday, February 22nd, before market open.The consensus EPS Estimate is $0.96 (+43.3% Y/Y) and the consensus…

Tempur Sealy (TPX) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Tempur Sealy (TPX) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.