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Tempur Sealy International Inc. Message Board

  • jorcas00 jorcas00 Nov 7, 2013 2:03 AM Flag

    "Tempur North America entered the third quarter with sales weakness... "

    ...We had expected sales to decline 5% to 10% in the second half of 2013...

    Sentiment: Strong Sell

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    • Followed by smashing the S out of the numbers for the Q. Dec Q will be dazzling too. LOL

    • Your comments are all previously known items -- and all of the reasons management has again sandbagged guidance. They said, "there is a certain degree of caution in our outlook." uh duh? They gave a number, hlaf way through the Q, that they know they can BEAT as the floor range based on shipping schedules! Any progress up from there is not only a beat coming, but BIG beat.

      SCCS said the consumer and economy were a disaster, but as we said a few weeks ago, it is their products that no one wants and TPX is just fine on that score and as mgmgt said on Sep 10th.

      Do you really think it is "news" that International is weak and is the key to substantial revenue growth in the future? None of that is news; and intl growth is a key part of the business plan.

      The margin is down to where they said it would go last March? Uh Duh... that is not a surprise dude -- it was the program.

      If the foregoing were your reasons to be short, my comments explain, at the level a second garder could f=understand, why you are effd if unhedged short here. Cover those 25 shares and learn something about listening when people who obviously understand the street and this company better than you do write something worth considering here.

    • "Tempur International sales were down approximately 3% on a constant currency basis and were slightly below our expectations. Tempur International's performance is particularly important to our overall consolidated results"

      Sentiment: Strong Sell

    • "...although we have seen some progress in Tempur North America, demand remains volatile week-to-week, and there's an overall level of uncertainty in the market. As a result, there's a certain degree of caution in our outlook."

      Sentiment: Strong Sell

 
TPX
59.62+0.43(+0.73%)Sep 16 4:01 PMEDT

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