Tempur Sealy’s hurricane recovery commitment increased to approximately $2.5 million in contributions

Tempur Sealy’s hurricane recovery commitment increased to approximately $2.5 million in contributions

News release written by Tempur Sealy International Inc. and published, unedited, by BedTimes Tempur-Pedic, Cocoon by Sealy, Sealy and Stearns & Foster Donate Beds to Assist with Hurricane Recovery LEXINGTON, Ky., Sept. 13, 2017 /PRNewswire/ — Tempur Sealy International, Inc. announced today an additional commitment of $1.5 million in bed donations and contributions to support […]

Tempur Sealy commits million dollar product donation to assist victims of Hurricane Harvey

Tempur Sealy commits million dollar product donation to assist victims of Hurricane Harvey

News release written by Tempur Sealy International Inc. and published, unedited, by BedTimes LEXINGTON, Ky., Aug. 30, 2017 /PRNewswire/ — Tempur Sealy International, Inc. announced today that it is committing $1 million in bed donations to support the recovery efforts in southeast Texas in the wake of Hurricane Harvey. Tempur Sealy’s commitment will provide mattresses […]

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. […]

Tempur Sealy Earnings Dip in First Quarter, But Business Update is Bullish

In its first quarterly report since ending its business relationship with retailer Mattress Firm in January, mattress major Tempur Sealy International Inc.’s net income, under U.S. generally accepted accounting principles, decreased 14.4% to $33.9 million. Adjusted net income increased 23.4% to $52.2 million. Earnings before interest, tax, depreciation and amortization in the first quarter were […]

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 Announces Termination of Mattress Firm Contracts

News release written by Tempur Sealy and published, unedited, by BedTimes LEXINGTON, Ky., Jan. 30, 2017 /PRNewswire/ — Tempur Sealy International, Inc. (NYSE: TPX, the “Company”) announced that during the week of January 23, 2017, senior management of Mattress Firm Holdings Corp. (“Mattress Firm”) and representatives of its parent Steinhoff International Holdings N.V. (“Steinhoff”), verbally […]

Tempur Sealy Expansion in Los Angeles, Mexico, South Korea

Tempur Sealy Expansion in Los Angeles, Mexico, South Korea

Tempur Sealy International Inc., with headquarters in Lexington, Kentucky, is moving and upgrading its South Gate Sealy plant to a new Los Angeles-area location. Tempur Sealy expansion is also happening in its operations in Mexico and South Korea.  “We are thrilled to announce our intention to make these long-term investments in the operations of our […]

Tempur Sealy Celebrates a Year of Giving to Service Members

Tempur Sealy Celebrates a Year of Giving to Service Members

Lexington, Kentucky-based Tempur Sealy International donated more than 30,000 mattresses and foundations in 2016 to 200 nonprofit organizations, many of which support military service members and their families. “Men and women in the armed services, as well as their families, give so much to our country—including a peace of mind that allows all of us […]

Retail Sales Associates Getting Tempur-Pedic Training

Tempur-Pedic, part of Lexington, Kentucky-based Tempur Sealy International, has launched an aggressive training campaign for retail sales associates with a goal of reaching as many as 20,000 RSAs by the end of the first quarter of 2017. As part of the campaign, a video series shows how proprietary “Tempur material” works and how it is […]

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