Tempur Sealy (TPX) Tops Q2 EPS by 8c, Raises FY Guidance

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Go back to Tempur Sealy (TPX) Tops Q2 EPS by 8c, Raises FY Guidance

Tempur Sealy Reports Second Quarter 2015 Results

July 30, 2015 4:04 PM EDT

LEXINGTON, Ky., July 30, 2015 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE: TPX), the world's largest bedding provider, today announced financial results for the second quarter ended June 30, 2015. The Company also raised financial guidance for the full year 2015.

SECOND QUARTER 2015 FINANCIAL SUMMARY

Total net sales increased 6.9% to $764.4 million from $715.0 million in the second quarter of 2014. On a constant currency basis(1), total net sales increased 10.9%, with double digit growth in both the North America and International business segments. Gross margin under U.S. generally accepted accounting... More