Tempur Sealy (TPX) Tops Q2 EPS by 12c

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Tempur Sealy Reports Solid Second Quarter 2019 Results

July 25, 2019 6:45 AM EDT

LEXINGTON, Ky., July 25, 2019 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE: TPX) announced financial results for the second quarter ended June 30, 2019. The Company also raised its financial guidance for the full year 2019 and announced an acceleration of its share repurchase program.

SECOND QUARTER 2019 FINANCIAL SUMMARY(1)

Total net sales increased 9.5% to $722.8 million as compared to $659.9 million in the second quarter of 2018. On a constant currency basis(2), total net sales increased 10.8%, with an increase of 11.8% in the North America business segment and an increase of 6.9% in the International... More