Tempur Sealy Announces New Long-Term Capital Allocation Strategy
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/21/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- Far-left party wins Berlin election, pledging to nationalise housing
- Cybercrime feud erupts on dark web as notorious group claims hijack of rival's website
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Anthropic and Accenture partner on embedded AI safety evaluation
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
Tempur Sealy (TPX) Tops Q3 EPS by 75c, Revenues Beat
October 29, 2020 6:39 AM EDTTempur Sealy (NYSE: TPX) reported Q3 EPS of $2.94, $0.75 better than the analyst estimate of $2.19. Revenue for the quarter came in at $1.13 billion versus the consensus estimate of $1.07 billion.
THIRD QUARTER 2020 FINANCIAL SUMMARY
Total net sales increased 37.9% to $1,132.3 million as compared to $821.0 million in the third quarter of 2019. On a constant currency basis(1), total net sales increased 37.7%, with an increase of 43.3% in the North America business segment and an increase of 10.1% in the International business segment.Gross margin was 46.8% as compared to 43.9% in the third quarter of 2019.... More