Tempur Sealy (TPX) PT Raised to $81 at Piper Jaffray Amid 'Healthy' Q2
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Tempur Sealy Reports Second Quarter 2015 Results
July 30, 2015 4:04 PM EDTLEXINGTON, Ky., July 30, 2015 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE: TPX), the world's largest bedding provider, today announced financial results for the second quarter ended June 30, 2015. The Company also raised financial guidance for the full year 2015.
SECONDÂ QUARTER 2015 FINANCIAL SUMMARY
Total net sales increased 6.9% to $764.4 million from $715.0 million in the second quarter of 2014. On a constant currency basis(1), total net sales increased 10.9%, with double digit growth in both the North America and International business segments. Gross margin under U.S. generally accepted accounting... More