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Rhea-AI Summary
Tempur Sealy International, Inc. (NYSE: TPX) - Mattress Firm Transaction Expected to Close in Mid to Late 2024. Tempur Sealy has certified substantial compliance with the FTC's second request for documents and information regarding the proposed acquisition of Mattress Firm, the nation's largest mattress specialty retailer. This certification marks a significant step towards finalizing the acquisition announced on May 9, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.54%
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Rhea-AI Summary
Tempur Sealy International, Inc. announced that its Tempur-Pedic brand has been awarded #1 in Customer Satisfaction for the Online Purchase segment in the J.D. Power 2023 U.S. Mattress Satisfaction Study. This is the third consecutive year that Tempur-Pedic has achieved this distinction. The brand has also been recognized by J.D. Power for six of the previous seven years among mattresses purchased online and in-store. Tempur-Pedic scored highest in 5 factors in the Online Purchase category, which include support, durability, comfort, price, and warranty.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.91%
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Tempur Sealy International, Inc. (NYSE: TPX) has declared a fourth quarter cash dividend of $0.11 per share. The dividend will be payable on December 4, 2023, to shareholders of record as of November 16, 2023.
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Rhea-AI Sentiment
End-of-Day
-8.91%
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Tempur Sealy International, Inc. announced its financial results for the third quarter of 2023. Despite a challenging macroeconomic environment, the company's consolidated net sales remained consistent with the prior year. Gross margins improved by 2.7% to 44.9%. The company generated robust cash flow from operations of $230 million. A fourth quarter dividend of $0.11 per share was declared.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.91%
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Tempur Sealy International to release Q3 financial results and provide update on proposed acquisition of Mattress Firm
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End-of-Day
-1.79%
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Tempur Sealy completes $1.65 billion refinancing of credit facilities
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End-of-Day
-0.57%
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Tempur Sealy International, Inc. to participate in a fireside chat at Piper Sandler Growth Frontiers Conference on September 12, 2023.
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Tempur Sealy International, Inc. (NYSE: TPX) declares $0.11 per share third quarter cash dividend, payable on August 31, 2023, to shareholders of record as of August 17, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.61%
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Rhea-AI Summary
Tempur Sealy International, Inc. (NYSE: TPX) announced a 4.8% increase in consolidated net sales to approximately $1.3 billion for the second quarter of 2023. The company also declared a third quarter dividend of $0.11 per share. Key highlights include a 5.3% increase in North America net sales, a 10.4% increase in operating income, and a 2.0% increase in net income. The company's CEO highlighted the outperformance of their U.S. brands and the success of their international business. The pending Mattress Firm acquisition is progressing as expected.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.61%
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Rhea-AI Summary
Tempur Sealy International, Inc. (NYSE: TPX) to release Q2 2023 financial results on August 3, 2023, with a conference call at 8:00 a.m. Eastern Time. Webcast available on investor relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.9%
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TEMPUR SEALY INTERNATIONAL, INC.
NYSE:TPX
TPX Rankings
TPX Stock Data
9.26B
132.50M
2.95%
104.21%
7.76%
Mattress Manufacturing
Manufacturing
United States of America
LEXINGTON
About TPX
tempur sealy international, inc. is the world's largest bedding provider. combining a proud history and groundbreaking innovation, the company holds some of the most highly recognized brands in the industry: tempur®, tempur-pedic®, sealy®, sealy posturepedic®, optimum™, and stearns & foster®. to ensure our progress, we’re making commitments to three groups that are critical to our growth. consumers: the best bed and the best sleep of your life we will create the most desired products at every price point, further growing the strong consumer loyalty to our brands. we will continue to be recognized as innovators in our industry. retailers: we are dedicated to your success we will develop a full and balanced portfolio across brands, products and prices, and deliver consumer advertising that will drive sales. we will create a world-class supply chain that is "easiest to do business with". our associates: you can expect maximum personal growth we will empower you to do meaningful work and