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Here's Why Momentum in Tempur Sealy (TPX) Should Keep going
ZACKS· 2025-02-06 14:56
Core Viewpoint - The article emphasizes the importance of identifying and maintaining trends in short-term investing, highlighting that sound fundamentals and positive earnings estimates are crucial for sustaining momentum in stocks [1]. Group 1: Recent Price Strength Screen - The "Recent Price Strength" screen is a unique short-term trading strategy that helps identify stocks with strong fundamentals capable of maintaining an uptrend [2]. - Stocks that pass this screen are typically trading in the upper portion of their 52-week high-low range, indicating bullish sentiment [2]. Group 2: Tempur Sealy (TPX) Analysis - Tempur Sealy (TPX) has shown a solid price increase of 20.2% over the past 12 weeks, indicating investor confidence in its potential upside [3]. - The stock has also increased by 20.7% over the last four weeks, confirming that the upward trend is still intact [4]. - TPX is currently trading at 91.2% of its 52-week high-low range, suggesting it may be on the verge of a breakout [4]. Group 3: Fundamental Strength - TPX holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [5]. - The Zacks Rank system has a strong track record, with Rank 1 stocks averaging an annual return of +25% since 1988 [6]. - TPX also has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [6]. Group 4: Additional Investment Opportunities - Besides TPX, there are several other stocks that meet the criteria of the "Recent Price Strength" screen, suggesting further investment opportunities [7]. - The article encourages exploring over 45 Zacks Premium Screens tailored to different investing styles for potential winning stock picks [7].
Tempur Sealy Successfully Completes Acquisition of Mattress Firm
Prnewswire· 2025-02-05 14:51
Core Viewpoint - Tempur Sealy International, Inc. will change its name to Somnigroup International Inc. to reflect its accelerated omni-channel strategy following the acquisition of Mattress Firm, the largest mattress specialty retailer in the U.S. [1][2] Group 1: Acquisition Details - The acquisition of Mattress Firm was completed for approximately $5 billion, funded by $2.7 billion in cash and 34.2 million shares of common stock [6]. - On a pro forma basis, the company generated about $8 billion in sales over the twelve months ending December 31, 2024, with 85% from North America and 15% from international markets [3]. - The company plans to divest 73 Mattress Firm retail locations and its Sleep Outfitters subsidiary, which includes 103 specialty mattress retail locations and seven distribution centers, to MW SO Holdings Company, LLC in the second quarter of 2025 [7]. Group 2: Strategic Implications - The acquisition is expected to enhance the company's U.S. omni-channel strategy, creating a leading global bedding company with extensive manufacturing capabilities and a broader retail footprint [4]. - The company aims to improve product innovation and customer buying experience through the integration of Mattress Firm [4]. - The addition of Peter Sachse to the Board of Directors is anticipated to provide valuable insights and support for the company's growth strategy [6]. Group 3: Financial Performance and Market Position - The company reported an 80% increase in stock price since the announcement of the acquisition, reflecting shareholder confidence in the long-term strategy [5]. - Approximately 65% of the company's sales come from direct-to-consumer channels, while 35% are from third-party retailers [3].
Tempur Sealy International, Inc. to Change its Name to Somnigroup International Inc.
Prnewswire· 2025-02-05 14:50
Company Overview - Tempur Sealy International, Inc. will change its name to Somnigroup International Inc. effective February 18, 2025, following the acquisition of Mattress Firm [1][2] - The new name reflects the company's expanded vision and its position as a global holding company providing sleep solutions [2] Business Structure - Mattress Firm, Dreams, and Tempur Sealy will operate as decentralized business units under the Somnigroup name [2] - Mattress Firm and Dreams will continue as multi-branded retailers, while Tempur Sealy will focus on manufacturing and serving both third-party retailers and direct-to-consumer channels [2] Strategic Goals - The company aims to deliver long-term growth for shareholders by addressing the evolving needs of consumers through innovation and industry expertise [2] - Somnigroup will trade on the New York Stock Exchange under the ticker symbol "SGI" at the time of the name change [3] Commitment to Sustainability - The company has established a goal of achieving carbon neutrality for its global wholly owned operations by 2040, demonstrating its commitment to environmental responsibility [9]
Tempur Sealy Cleared to Close Acquisition of Mattress Firm
Prnewswire· 2025-02-04 17:10
Core Viewpoint - Tempur Sealy International, Inc. is set to finalize its acquisition of Mattress Firm Group Inc. on February 5, 2025, following a court ruling that allows the transaction to proceed without FTC intervention [1][2]. Company Update - The acquisition will create a leading vertically integrated global bedding company, expected to provide significant benefits to stakeholders [2]. - A conference call is scheduled for February 6, 2025, to discuss the acquisition details [2]. Financial Reporting - A separate conference call to discuss the Fourth Quarter and Full Year 2024 financial results is planned for February 20, 2025 [3].
Strength Seen in Tempur Sealy (TPX): Can Its 6.0% Jump Turn into More Strength?
ZACKS· 2025-02-04 09:56
Company Overview - Tempur Sealy International, Inc. (TPX) shares increased by 6% to close at $66.92, with a notable trading volume that exceeded normal levels. This follows a 13.3% gain over the past four weeks [1][2]. Acquisition Progress - Investor confidence has risen due to the approval of Tempur Sealy's $4 billion acquisition of Mattress Firm Inc. by a U.S. judge in Texas, which overturned a previous FTC decision that blocked the deal due to antitrust concerns. However, the acquisition cannot be finalized until February 7, allowing time for the FTC to appeal [2]. Earnings Expectations - Tempur Sealy is projected to report quarterly earnings of $0.57 per share, reflecting a year-over-year increase of 7.6%. Revenue is expected to reach $1.19 billion, up 1.8% from the same quarter last year [3][4]. Earnings Estimate Revisions - The consensus EPS estimate for Tempur Sealy has been revised 1.4% higher in the last 30 days, indicating a positive trend that typically correlates with stock price appreciation. The stock currently holds a Zacks Rank of 2 (Buy) [4]. Industry Comparison - Tempur Sealy is part of the Zacks Retail - Home Furnishings industry. Another company in this sector, Home Depot (HD), saw a 0.8% decline in its stock price, closing at $408.76, but has returned 5.9% over the past month. Home Depot's EPS estimate has also increased by 2% to $3.07, representing an 8.9% year-over-year change, and it holds a Zacks Rank of 2 (Buy) [4][5].
TPX or HD: Which Is the Better Value Stock Right Now?
ZACKS· 2025-02-03 17:41
Investors looking for stocks in the Retail - Home Furnishings sector might want to consider either Tempur Sealy (TPX) or Home Depot (HD) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank puts an emphasis on earnings estimat ...
Tempur-Pedic® and Calm are enhancing the multisensory experience of TEMPUR-Ergo® Smart Bases to help users fall asleep faster
Prnewswire· 2025-01-27 13:00
The collaboration will develop exclusive content that aims to improve sleep routines and foster deep, restful sleep for consumers.LEXINGTON, Ky., Jan. 27, 2025 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE: TPX), the company synonymous with innovation in the mattress industry, today announced a partnership between Tempur-Pedic® and Calm, the leading app to help people sleep more, stress less and live mindfully. The collaboration will develop exclusive content that aims to improve sleep routines and ...
America's #1 Mattress Brand* Launches All-New Sealy Posturepedic® Lineup with Innovative and Exclusive PrecisionFit™ Coils
Prnewswire· 2025-01-27 13:00
Core Insights - Tempur Sealy International, Inc. has launched a new Sealy Posturepedic® collection, enhancing its 75-year legacy in the mattress industry with a focus on superior support and innovation [1][2][3] Product Features - The new Sealy Posturepedic collection includes four levels: Sealy Posturepedic, Sealy Posturepedic Plus, Sealy Posturepedic Pro, and Sealy Posturepedic Elite, catering to a range of price points from entry-level to premium [1] - Each mattress features PrecisionFit™ Coils, which are patent-pending coils designed to adapt to individual body shapes, promoting natural alignment and reducing discomfort [2][3] - Additional technologies include MAXSUPPORT™ TECHNOLOGY for targeted support, DURAFLEX™ COIL EDGE to prevent sagging, and ADVANCED SEALYCHILL™ TECHNOLOGY for enhanced cooling, providing 40% more cooling than standard treatments [8] Durability and Warranty - Sealy Posturepedic mattresses undergo rigorous testing, including robotic simulations of years of use and a 500-mile shipping test, ensuring durability [4] - The company offers a 10-year warranty on every Sealy Posturepedic mattress, reinforcing its commitment to quality [4] Market Position and Strategy - Tempur Sealy aims to solidify Sealy's position as America's 1 mattress brand through continuous innovation and investment [3] - The company operates a powerful omni-channel retail strategy, selling products through third-party retailers, over 750 company-owned stores, and e-commerce channels [6] Environmental Commitment - Tempur Sealy is dedicated to environmental responsibility, with a goal of achieving carbon neutrality for its global operations by 2040 [7]
TPX vs. HD: Which Stock Is the Better Value Option?
ZACKS· 2025-01-17 17:41
Investors interested in stocks from the Retail - Home Furnishings sector have probably already heard of Tempur Sealy (TPX) and Home Depot (HD) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank is a proven s ...
Tempur Sealy International to Report Fourth Quarter and Full Year 2024 Financial Results
Prnewswire· 2025-01-15 11:55
LEXINGTON, Ky., Jan. 15, 2025 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE: TPX) will release its financial results for the fourth quarter and full year ended December 31, 2024, before the NYSE opening of regular trading on Thursday, February 20, 2025. The Company will hold a conference call at 8:00 a.m. Eastern Time.The call will be webcast and can be accessed on the Company's investor relations website at investor.tempursealy.com. After the conference call, a webcast replay will remain available ...