Tempur Sealy International: The Timing Of A Recovery Is Getting Nearer

Jessie Casson/DigitalVision via Getty Images Summary Following my coverage of Tempur Sealy International (NYSE:TPX) in Feb'24, which I recommended a buy rating due to my expectation that the industry cycle is turning upwards, which coupled with TPX growth initiatives should drive robust growth, this post is to provide an update on my thoughts on the business and stock. I stay buy-rated for TPX as I believe the timing of recovery is getting closer, given that a rate cut is increasingly likely in 2H24. Invest ...