Tempur Sealy to Sell Over 100 Stores to Close $4B Mattress Deal [Yahoo! Finance]
Tempur Sealy International, Inc. (TPX)
Last tempur sealy international, inc. earnings: 4/30 06:37 am
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Source: Yahoo! Finance
TPX is pushing forward with its plans to acquire Mattress Firm, despite an ongoing legal challenge from the Federal Trade Commission. The company has agreed to sell its Sleep Outfitters subsidiary and a portion of Mattress Firm's footprint. Tempur Sealy's acquisition of Mattress Firm could be transformative, positioning the company as a dominant player in the North American mattress market. CEO Scott Thompson remains optimistic about the deal, expressing confidence in a favorable outcome in the coming months. The case is set to go to trial in November 2024, with hearings expected to last two weeks. If the litigation concludes successfully, the company aims to finalize this $4 billion deal with Mattress Firm by late 2024 or early 2025, as initially planned. Tempur Sealy's shares gained 0.7% on Monday. Tempur Sealy's Strategic Divestiture Plan To satisfy regulatory concerns, Tempur Sealy has agreed to sell 73 Mattress Firm locations and its Sleep Outfitters subsidiary to Mattr
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News
- Bestselling Author Donald Miller to Release Building a StoryBrand 2.0 With HarperCollins Leadership on January 7, 2025 [Yahoo! Finance]Yahoo! Finance
- Boasting A 68% Return On Equity, Is Tempur Sealy International, Inc. (NYSE:TPX) A Top Quality Stock? [Yahoo! Finance]Yahoo! Finance
- Tempur Sealy International, Inc. (NYSE: TPX) had its price target raised by analysts at Wedbush from $49.00 to $55.00. They now have a "neutral" rating on the stock.MarketBeat
- Tempur Sealy International Inc (TPX) Q3 2024 Earnings Call Highlights: Strong International ... [Yahoo! Finance]Yahoo! Finance
- Compared to Estimates, Tempur Sealy (TPX) Q3 Earnings: A Look at Key Metrics [Yahoo! Finance]Yahoo! Finance
TPX
Earnings
- 11/7/24 - Beat
TPX
Sec Filings
- 11/7/24 - Form 10-Q
- 11/7/24 - Form 8-K
- 11/7/24 - Form 8-K
- TPX's page on the SEC website