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Stock impact report

Tempur Sealy Reports First Quarter Results

Tempur Sealy International, Inc. (TPX) 
Last tempur sealy international, inc. earnings: 4/30 06:37 am Check Earnings Report
Company Research Source: PR Newswire
- First Quarter 2024 Net Sales of $1.2 Billion, Consistent with Prior Year- Strong Consolidated Gross Margins up 1.7% to 43.1%- EPS of $0.43 and Adjusted EPS(1) of $0.50- Record First Quarter Cash Flow from Operations of  $130 MillionLEXINGTON, Ky., May 7, 2024 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE: TPX) announced financial results for the first quarter ended March 31, 2024 and reaffirmed financial guidance for the full year 2024.FIRST QUARTER 2024 FINANCIAL SUMMARYTotal net sales decreased 1.5% to $1,189.4 million as compared to $1,208.1 million in the first quarter of 2023, with a decrease of 2.0% in the North America business segment and consistent sales in the International business segment. On a constant currency basis(1), total net sales decreased 2.1%, with a decrease of 2.3% in the North America business segment and a decrease of 1.6% in the International business segment.Gross margin was 43.1% as compared to 41.4% in the first quarter of 2023. Adjusted gross Show less Read more
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