Tempur Sealy shares climb 5% premarket after company unveils deals with Mattress Firm, Big Lots [MarketWatch]
Tempur Sealy International, Inc. (TPX)
Last tempur sealy international, inc. earnings: 4/30 06:37 am
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Source: MarketWatch
Tempur Sealy shares climb 5% premarket after company unveils deals with Mattress Firm, Big Lots Tempur Sealy International Inc.'s shares TPX, +6.38% rose 5% in premarket trade Tuesday, after the mattress company said it has added two new retailers to its network and expanded its relationship with an existing one. The Lexington, Ky.-based company said it expects the new agreements too boost sales by more than $400 million on an annual run rate basis. It expects the sales lift to add $75 million to $100 million to annual adjusted EBITDA from 2020. The new retailers are Mattress Firm Inc., which will reintroduce Tempur-Pedic, Stearns & Foster and Sealy branded products at about 2,500 stores across the U.S. That deal is expected to start in the fourth quarter and to be completed early in the first quarter of 2020. The second retailers is Big Lots Inc., which has 1,400 stores in the U.S. The company is extending its agreement with Beter Bed Holding, a European retailer. Tempur Sealy sha
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News
- Tempur Sealy International, Inc. (NYSE: TPX) had its "outperform" rating re-affirmed by analysts at Wedbush. They now have a $66.00 price target on the stock.MarketBeat
- Tempur Sealy International to Report First Quarter Financial Results and Provide Update on the Status of the Proposed Mattress Firm AcquisitionPR Newswire
- Q4 Rundown: Tempur Sealy (NYSE:TPX) Vs Other Home Furnishings Stocks [Yahoo! Finance]Yahoo! Finance
- Tempur Sealy International, Inc. (NYSE: TPX) had its "outperform" rating re-affirmed by analysts at Wedbush. They now have a $66.00 price target on the stock.MarketBeat
- Tempur Sealy International, Inc. (NYSE: TPX) had its price target raised by analysts at Truist Financial Co. from $60.00 to $65.00. They now have a "buy" rating on the stock.MarketBeat
TPX
Earnings
- 2/8/24 - Miss
TPX
Sec Filings
- 3/27/24 - Form DEFA14A
- 3/27/24 - Form DEF
- 3/12/24 - Form 8-K
- TPX's page on the SEC website