Tempur Sealy (TPX) Misses Q3 EPS by 19c, Revenues Miss
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Tempur Sealy Reports Third Quarter 2018 Results
November 1, 2018 7:00 AM EDTLEXINGTON, Ky., Nov. 1, 2018 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE: TPX) announced financial results for the third quarter ended September 30, 2018. The Company also updated its financial guidance for the full year 2018.
THIRDÂ QUARTER 2018 FINANCIAL SUMMARY(1)
Total net sales increased 2.5% to $729.5 million as compared to $711.5 million in the third quarter of 2017. On a constant currency basis(2), total net sales increased 3.4%, with an increase of 3.0% in the North America business segment and an increase of 4.9% in the International business segment. Gross margin under U.S. generally accepted... More