Tempur Sealy International (TPX) on Monday said it has taken steps to get its planned $4 billion takeover of rival Mattress Firm approved by regulators.
Tempur Sealy International said on Monday it plans to sell more than 100 stores in a bid to get regulatory approval for its $4 billion deal with Mattress Firm.
Mattress maker Tempur Sealy International's proposed $4-billion takeover of retailer Mattress Firm is intended to "eliminate future competition", according to a document unsealed by a Texas judge.
TPX remains a buy rating with expectations of industry cycle turning upwards. TPX's ability to gain market share, cost reductions, and easy y/y comps position it for strong earnings growth ahead. My valuation target price for TPX is $58.
Mattress maker Tempur Sealy International (TPX) on Tuesday reported worse-than-expected results and cut its outlook as inflation led to falling demand in the U.S.
Although the revenue and EPS for Tempur Sealy (TPX) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Tempur Sealy (TPX) came out with quarterly earnings of $0.63 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.58 per share a year ago.
Tempur-Sealy International Inc.'s stock TPX, -0.84% fell 5% early Tuesday, after the mattress maker posted weaker-than-expected second-quarter earnings and lowered its full-year guidance. The Lexington, Ky.
Tempur Sealy (TPX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Tempur Sealy International, Inc. (NYSE:TPX ) Special Call July 8, 2024 8:00 AM ET Company Participants Aubrey Moore - Investor Relations Scott Thompson - Chairman, President & Chief Executive Officer Conference Call Participants Operator Good day, everyone and welcome to today's Tempur Sealy International Business Update Call. At this time, all participants are in a listen-only mode.
The U.S. Federal Trade Commission said on Tuesday it will sue to block the $4 billion merger between mattress manufacturer Tempur Sealy International Inc and retailer Mattress Firm.