Tempur Sealy (TPX) Tops Q1 EPS by 6c
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Tempur Sealy Reports First Quarter 2019 Results
May 2, 2019 6:45 AM EDTLEXINGTON, Ky., May 2, 2019 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE: TPX) announced financial results for the first quarter ended March 31, 2019. The Company also revised its financial guidance for the full year 2019.
FIRSTÂ QUARTER 2019 FINANCIAL SUMMARY(1)
Total net sales increased 8.4% to $690.9 million as compared to $637.4 million in the first quarter of 2018. On a constant currency basis(2), total net sales increased 10.4%, with an increase of 12.7% in the North America business segment and an increase of 3.0% in the International business segment. Gross margin under U.S. generally accepted... More