American Textile adds more name-brand sleep accessories

American Textile adds more name-brand sleep accessories

Sleep accessories supplier American Textile Co., with headquarters in Duquesne, Pennsylvania, has expanded its licensing relationship with Tempur Sealy International Inc. American Textile now has the right to manufacture and sell Sealy-branded pillows, mattress pads and comforters. The first products are slated to ship to retailers on April 1, 2018. The deal deepens a growing […]

Tempur Sealy honors retiree Larry Duko

Tempur Sealy honors retiree Larry Duko

Lexington, Kentucky-based Tempur Sealy International Inc. honored a former Stearns & Foster plant employee Larry Duko on his 65th wedding anniversary with a new Stearns & Foster Reserve Mattress. Duko worked on the plant floor for 35 years, retiring in 1989. He is married to Renee Duko, and they live in Leetonia, Ohio. The company […]

Bhaskar Rao succeeds Hytinen at Tempur Sealy

Lexington, Kentucky-based mattress major Tempur Sealy International Inc. has named Bhaskar Rao executive vice president and chief financial officer. He replaces Barry Hytinen, who left the company to assume the same role at apparel maker HanesBrands Inc. in Winston-Salem, North Carolina. Rao, a certified public accountant, joined the company in 2004 after spending nine years […]

Tempur Sealy raises guidance at close of 2nd quarter

Manufacturing major Tempur Sealy International Inc. reported net sales of $659.3 million in the second quarter, an 18% decrease compared with the second fiscal quarter of 2016. On a constant-currency basis, the Lexington, Kentucky-based company’s total net sales decreased 17.2%. Gross margin was 40.7%, compared with 41.9% in the prior-year quarter. Net income under U.S. […]

American Textile Co. To Distribute Tempur-Pedic Products

American Textile Co. To Distribute Tempur-Pedic Products

Duquesne, Pennsylvania-based American Textile Co., a supplier of mattress protection and pillows, and Lexington, Kentucky-based mattress manufacturing major Tempur Sealy International Inc. have reached a licensing deal that will allow American Textile Co. to develop and distribute Tempur-Pedic branded sleep products. Featuring Tempur-Pedic’s signature adaptive features, the product line will include sheets, mattress pads and […]

Tempur Sealy Donates 500 Beds to St. Jude Children’s Hospital

Tempur Sealy Donates 500 Beds to St. Jude Children’s Hospital

Lexington, Kentucky-based Tempur Sealy International Inc. donated more than 500 Tempur-Pedic mattresses and foundations to St. Jude Children’s Research Hospital in Memphis, Tennessee. The 11 truckloads of beds went to Tri Delta Place and Target House, housing facilities for families of children receiving treatment at St. Jude. “St. Jude Children’s Research Hospital brings hope to […]

Tempur Sealy Beats Analysts’ Expectations in 4th Quarter

Mattress major Tempur Sealy International Inc. reported net income for full-year 2016 was $202.1 million, a 175% increase compared with 2015. Using generally accepted accounting principles, total net sales decreased slightly, by 0.8%, to $3.1 billion. On a constant currency basis, total net sales increased 0.7%, with growth in both the North American and international […]

Tempur Sealy Terminates Mattress Firm Contracts

Tempur Sealy Terminates Mattress Firm Contracts

Tempur Sealy International Inc. announced in a Jan. 30 news release that it had terminated all contracts with sleep shop chain Mattress Firm, after the two companies were unable to reach a mutually agreeable supply arrangement. The mattress manufacturing major Tempur Sealy, which has headquarters in Lexington, Kentucky, said it expects to cease doing business […]

Tempur Sealy reports strong third-quarter results

Tempur Sealy International, the recently merged bedding major with headquarters in Lexington, Ky., announced that net sales in the third quarter of 2013 were $735.5 million, an increase of 111.4% as compared with the third quarter of 2012. The increase was due to the inclusion of $389.9 million of Sealy net sales. BRIEFLY Tempur Sealy’s […]

Tempur-Pedic outfits University of Kentucky dorms

Tempur-Pedic North America LLC, a subsidiary of Tempur Sealy International, has inked a deal with university housing developer and management company EdR to furnish the University of Kentucky in Lexington with between 7,500 and 9,000 new dorm mattresses over the next few years. The university is in the midst of building new student housing and […]