LEXINGTON, Ky., Nov. 7, 2024 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE: TPX, "Company" or "Tempur Sealy") today announced that its Board of Directors has declared a fourth quarter cash dividend on its common stock of $0.13 per share. The dividend is payable on December 5, 2024, to shareholders of record as of November 21, 2024. About Tempur Sealy International, Inc.Tempur Sealy is committed to improving the sleep of more people, every night, all around the world. As a leading designer, manufact ...

- Consolidated Sales Growth of 2%- Consolidated Gross Margins Expands- EPS Growth of 14% and Adjusted EPS(1) Growth of 7%- Robust Third Quarter Cash Flow from Operations of $257 MillionLEXINGTON, Ky., Nov. 7, 2024 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE: TPX) announced financial results for the third quarter ended September 30, 2024 and narrowed financial guidance for the full year 2024.THIRD QUARTER 2024 FINANCIAL SUMMARY Total net sales increased 1.8% to $1,300.0 million as compared to $1,2 ...

#1 in Customer Satisfaction for both Mattresses Purchased In-Store and Online for 2024*LEXINGTON, Ky., Nov. 6, 2024 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE: TPX, "Company" or "Tempur Sealy"), the company synonymous with innovation in the mattress industry, today announced that its Tempur-Pedic® brand was ranked #1 in Customer Satisfaction for Mattresses Purchased In-Store in the J.D. Power 2024 U.S. Mattress Satisfaction Study*, marking the fifth time in six years the Company has won the awar ...

–  Expects to use Term Loan B proceeds to fund the expected acquisition of Mattress Firm–  Aligns availability period of Delayed Draw Term A Loan commitmentsLEXINGTON, Ky., Oct. 25, 2024 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE: TPX, "Company" or "Tempur Sealy") today announced that it has successfully closed on a senior secured Term Loan B facility in an aggregate principal amount of $1.6 billion (the "Term Loan B"). The Term Loan B will mature seven years after the date of closing. The Compa ...

LEXINGTON, Ky., Oct. 15, 2024 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE: TPX) will release its financial results for the third quarter ended September 30, 2024, before the NYSE opening of regular trading on Thursday, November 7, 2024. 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 on the websit ...

– Expects to use Term Loan B proceeds to fund the proposed acquisition of Mattress Firm LEXINGTON, Ky., Oct. 4, 2024 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE: TPX, "Company" or "Tempur Sealy") today announced that it has successfully priced its previously announced senior secured Term Loan B facility in an aggregate principal amount of $1.6 billion (the "Term Loan B"). The Term Loan B will mature seven years after the date of closing of the Term Loan B, which is expected to occur in the next f ...

Tempur Sealy International, Inc. (TPX) is pushing forward with its plans to acquire Mattress Firm, despite an ongoing legal challenge from the Federal Trade Commission. The company has agreed to sell its Sleep Outfitters subsidiary and a portion of Mattress Firm's footprint. Tempur Sealy's acquisition of Mattress Firm could be transformative, positioning the company as a dominant player in the North American mattress market. CEO Scott Thompson remains optimistic about the deal, expressing confidence in a fa ...

Key Takeaways Tempur Sealy International said it has taken steps to get its planned takeover of rival Mattress Firm approved by regulators. The FTC has challenged the $4 billion deal, arguing it would limit competition and increase prices. Tempur Sealy also announced the sale of up to $1.6 billion in debt to help pay for the Mattress Firm acquisition. Tempur Sealy International (TPX) on Monday said it has taken steps to get its planned $4 billion takeover of rival Mattress Firm approved by regulators. The b ...

– Expects to use proceeds to fund the proposed acquisition of Mattress Firm – Anticipates drawing on the loan concurrent with closing the proposed acquisition LEXINGTON, Ky., Sept. 23, 2024 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE: TPX, "Company" or "Tempur Sealy") today announced that it is launching a proposed senior secured Term Loan B facility in an aggregate principal amount of up to $1.6 billion (the "Term Loan B"). The Term Loan B will mature seven years after the date of closing. Tempu ...

The litigation process is progressing; hearing dates set to begin in November 2024 Executed agreement with Mattress Warehouse to divest certain Mattress Firm and Sleep Outfitters retail locations, subject to closing the Mattress Firm acquisition LEXINGTON, Ky., Sept. 23, 2024 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE: TPX, "Company" or "Tempur Sealy") today provided an update with respect to the Company's agreement to acquire Mattress Firm Group Inc. ("Mattress Firm"), which is currently being ...