Los Angeles, CA (PRWEB) June 02, 2021 June 2, 2021 - - MOLECULE, a premier performance sleep company that designs Air-Engineered™ products for cooler and
/PRNewswire/ Tempur Sealy International, Inc. (NYSE: TPX the "Company") announced today that it will host a fireside chat at the Piper Sandler 41st Annual.
Tempur Sealy To Acquire Dreams, UK s Leading Specialty Bed Retailer
- Acquisition Nearly Doubles International Sales as Compared to 2020
- Worldwide Direct-to-Consumer Sales Expected to Reach Over $1 Billion
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LEXINGTON, Ky., May 27, 2021 /PRNewswire/ Tempur Sealy International, Inc. (NYSE: TPX, Tempur Sealy or the Company ) today announced it has executed an agreement to acquire Dreams, the leading specialty bed retailer in the United Kingdom, primarily from an affiliate of Sun Capital Partners, Inc. The transaction will accelerate Tempur Sealy s growth in the largest European bedding market and sixth largest economy in the world.
Tempur Sealy Provides Update On Improved Sales Trends
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LEXINGTON, Ky., May 27, 2021 /PRNewswire/ Tempur Sealy International, Inc. (NYSE: TPX, Tempur Sealy or the Company ) today provided an update on its targeted second quarter sales performance. Quarter-to-date orders have accelerated since the Company s first quarter earnings call, and it now targets total second quarter net sales growth of approximately 60% as compared to the second quarter of 2019. The second quarter of 2019 was unaffected by COVID-19-related shutdowns at retail and provides a more meaningful comparison than the second quarter of 2020. The improved outlook has been driven by growth in demand for Tempur-Pedic products in the U.S., which are higher margin than the Company s average. The Company expects to update full year sales and EPS guidance when it reports second quarter 2021 financial results.
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