Strength Seen in Tempur Sealy (TPX): Can Its 6.0% Jump Turn into More Strength?

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].