Tempur Sealy Reports Record First Quarter 2020 results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/31/2026
- Wall Street closes lower as oil prices jump, indexes notch monthly gains
- The Warsh pivot markets didn't expect
- Oil settles up by more than 2.5% as US and Iran resume military attacks
- Energy stocks rally as fresh U.S.-Iran attacks drive oil prices higher
- BofA turns S&P 500 signals from red to yellow: What to buy now
Tempur Sealy (TPX) Tops Q1 EPS by 59c, Revenues Beat
April 30, 2020 6:44 AM EDTTempur Sealy (NYSE: TPX) reported Q1 EPS of $1.34, $0.59 better than the analyst estimate of $0.75. Revenue for the quarter came in at $822.4 million versus the consensus estimate of $808.04 million.
FIRST QUARTER 2020 FINANCIAL SUMMARY
Total net sales increased 19.0% to $822.4 million as compared to $690.9 million in the first quarter of 2019. On a constant currency basis(1), total net sales increased 19.8%, with an increase of 24.5% in the North America business segment and an increase of 2.0% in the International business segment.Gross margin was 43.4% as compared to 40.8% in the first quarter of... More