Tempur Sealy (TPX) Tops Q1 EPS by 59c, Revenues Beat
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Tempur Sealy Reports Record First Quarter 2020 results
April 30, 2020 6:37 AM EDTLEXINGTON, Ky., April 30, 2020 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE: TPX) announced financial results for the first quarter ended March 31, 2020. As previously announced, the Company has withdrawn its previously-issued full-year financial guidance for 2020 and will not provide updated full-year financial guidance until the operating environment becomes clear.
FIRSTÂ 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... More