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Stock impact report

Tempur Sealy Reports Third Quarter Results

Tempur Sealy International, Inc. (TPX) 
Last tempur sealy international, inc. earnings: 4/30 06:37 am Check Earnings Report
Company Research Source: PR Newswire
- Consolidated Sales Growth of 2%- Consolidated Gross Margins Expands- EPS Growth of 14% and Adjusted EPS(1) Growth of 7%- Robust Third Quarter Cash Flow from Operations of $257 MillionLEXINGTON, Ky., Nov. 7, 2024 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE: TPX) announced financial results for the third quarter ended September 30, 2024 and narrowed financial guidance for the full year 2024.THIRD QUARTER 2024 FINANCIAL SUMMARYTotal net sales increased 1.8% to $1,300.0 million as compared to $1,277.1 million in the third quarter of 2023, with a decrease of 0.8% in the North America business segment and an increase of 12.4% in the International business segment. On a constant currency basis(1), total net sales increased 1.7%, with a decrease of 0.4% in the North America business segment and an increase of 10.5% in the International business segment.Gross margin was 45.4% as compared to 44.9% in the third quarter of 2023. Adjusted gross margin(1) was 46.2% as compared to 45.9% Show less Read more
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