Tempur Sealy (TPX) Misses Q4 EPS by 8c, Offers Guidance

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Tempur Sealy Reports Fourth Quarter And Full Year 2021 Results

February 22, 2022 6:37 AM EST

LEXINGTON, Ky., Feb. 22, 2022 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE: TPX) announced record financial results for the fourth quarter and year ended December 31, 2021. The Company also issued financial guidance for the full year 2022. 

FOURTH QUARTER 2021 KEY HIGHLIGHTS

Total net sales increased 28.6% to $1,359.6 million as compared to $1,057.0 million in the fourth quarter of 2020, with an increase of 18.9% in the North America business segment and an increase of 82.1% in the International business segment. Net sales through the direct channel increased $166.7 million, or 115.4%, to $311.2... More