Tempur Sealy (TPX) Misses Q2 EPS by 11c, Revenues Miss
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Tempur Sealy Reports Second Quarter 2018 Results
July 26, 2018 7:00 AM EDTLEXINGTON, Ky., July 26, 2018 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE: TPX) today announced financial results for the second quarter ended June 30, 2018. The Company also updated its financial guidance for the full year 2018.
SECONDÂ QUARTER 2018 FINANCIAL SUMMARY
Total net sales increased 1.6% to $669.7 million from $659.3 million in the second quarter of 2017. On a constant currency basis(1), total net sales increased 1.2%, with an increase of 0.1% in the North America business segment and an increase of 5.4% in the International business segment. Gross margin under U.S. generally accepted... More