Tempur-Pedic (TPX) PT Rasied to $68 at Piper Jaffray on 'Beat and Raise'

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Tempur Sealy Reports First Quarter 2015 Results

April 28, 2015 4:02 PM EDT

LEXINGTON, Ky., April 28, 2015 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE: TPX), the world's largest bedding provider, today announced financial results for the first quarter ending March 31, 2015. The Company also increased financial guidance for the full year 2015.

FIRST QUARTER FINANCIAL SUMMARY

Earnings per diluted share ("EPS") under U.S. generally accepted accounting principles ("GAAP") in the first quarter of 2015 were $0.38 as compared to GAAP EPS of $0.44 in the first quarter of 2014. The 2015 results reflect integration costs, additional costs related to the Company's 2015 Annual Meeting, and a redemption value... More