|Bid||39.60 x 800|
|Ask||63.00 x 800|
|Day's Range||47.67 - 49.18|
|52 Week Range||41.10 - 68.05|
|Beta (3Y Monthly)||2.04|
|PE Ratio (TTM)||18.95|
|Earnings Date||Nov 1, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||59.56|
LEXINGTON, Ky. , Oct. 15, 2018 /PRNewswire/ -- In connection with today's announcement that Sears Holdings Corporation and certain of its subsidiaries ("Sears") have filed for bankruptcy protection, ...
WASHINGTON (Reuters) - The United States is investigating alleged dumping of China-made mattresses after complaints from several U.S. manufacturers, including Leggett & Platt Inc, Tempur Sealy International ...
The United States is investigating alleged dumping of China-made mattresses after complaints from several U.S. manufacturers, including Leggett & Platt Inc, Tempur Sealy International Inc and others, the ...
The U.S. Commerce Department on Friday announced it began an investigation to determine whether mattresses from China are being sold in the U.S. at less than fair value. Commerce said the probe was begun after a petition from companies including Tempur Sealy International Inc. .
Index (PMI) data, output in the Consumer Goods sector is rising. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way.
LEXINGTON, Ky. , Oct. 10, 2018 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE: TPX) will release its financial results for the third quarter ended September 30, 2018 before the NYSE opening of ...
Moody's Liquidity-Stress Indicator (LSI) rose to 3.3% in September from 3.2% in August, though remaining well below its long-term average and continuing to signal only modest default risk among US speculative-grade ...
Mattress Firm recently cited "ineffective brand marketing" as one of its key strategic issues in a public lender update. Mattress Firm used acquisitions to expand in recent years, acquiring Mattress Giant in 2012, Sleep Train in 2014, and Sleepy's in 2016.
announced that it upsized its debt offering to $450 million from $400 million while also pricing the offering of the convertible senior notes due 2023. Tilray shares were up 0.65% after rising 4.3% in premarket trading. Tilray also granted the initial purchasers of the notes an option to buy an additional $67.5 million aggregate principal amount of notes.
Mattress Firm says filed for Chapter 11 bankruptcy protection so it can take steps to strengthen its balance sheet and reshape its store footprint.
NEW YORK, NY / ACCESSWIRE / October 4, 2018 / Tempur Sealy shares spiked over 10% on Wednesday on the news that rival Mattress Firm is planning on declaring bankruptcy. Shares of Upwork Inc. were also in the green, soaring over 40% as the stock had its first day trading in the market. Tempur Sealy International, Inc. shares were up nearly 11% on Wednesday on almost 2.9 million shares traded on Wednesday.
LEXINGTON, Ky., Oct. 4, 2018 /PRNewswire/ -- Tempur Sealy International, Inc. (TPX) has executed an agreement between the Company, the U.S. Internal Revenue Service and the Danish Tax Authority ("SKAT") with respect to income tax assessments from SKAT for the disputed tax years 2001 to 2011. As discussed in the Company's periodic reports filed with the U.S. Securities and Exchange Commission, the Company had received significant income tax assessments from SKAT for prior tax years that the Company had disputed. The tax assessments related to the appropriate royalty rate to be paid to the Company's Danish subsidiary for the right to utilize certain intangible assets owned by the Danish subsidiary.
shares jumped nearly 11% on Wednesday, Oct. 3, following a report from Reuters that rival Mattress Firm is planning to file for bankruptcy soon. Mattress Firm is the country's largest mattress retailer with about 3,000 brick-and-mortar locations, though the company has been losing market share in recent years to online competitors. Tempur Sealy pulled its Tempur-Pedic products from Mattress Firm stores last year.
Shares Tempur Sealy International Inc. soared 8.8% in premarket trade Wednesday, as investors cheered a report that mattress retailer Mattress Firm Inc. is close to filing for bankruptcy. The rally comes after the stock sank 10% over the past four sessions, amid concerns over increasing competition following reports Amazon.com Inc. mattresses had hit the market. Reuters reported late Tuesday citing people familiar with the matter, that Mattress Firm, which was acquired by Steinhoff International about two years ago, was preparing to file for bankruptcy protection as early as this week in an effort to exit costly store leases and shore up its business. Tempur Sealy terminated all contracts with Mattress Firm in January 2017. Tempur Sealy's stock has tumbled 23% year to date through Tuesday, while the S&P 500 has gained 9.3%.
Check out the companies making headlines after the bell: Tempur Sealy International TPX shares jumped more than 8 percent in after-hours trading following reports that competitor Mattress Firm is preparing to file for bankruptcy.
Mattress Firm, the largest U.S. mattress retailer, has 3,000 brick-and-mortar locations. It has been struggling in recent years against online retailers and its parent company Steinhoff International Holdings NV also has debt. Tempur Sealy, the maker of the mattress brand Tempur-Pedic, pulled its products from Mattress Firm last year.
Moody's Investors Service affirmed Tempur Sealy International, Inc.'s (Tempur Sealy) Corporate Family Rating (CFR) at Ba3 and its Probability of Default Rating at Ba3-PD. The affirmation reflects the company's solid credit profile and Moody's expectation of operating performance and credit metric improvement. "Debt/EBITDA is high at 4.8 times," said Kevin Cassidy, Senior Credit Officer at Moody's Investors Service.
LEXINGTON, Ky., Sept. 21, 2018 /PRNewswire/ -- Tempur Sealy International, Inc., announced today an additional commitment of at least $1 million in mattress donations to support recovery efforts in the Carolinas following Hurricane Florence. Tempur Sealy's commitment will provide mattresses to assist victims in the Carolinas after the devastating hurricane and flooding in the region. Tempur Sealy will work with its long-time disaster recovery partner, Good360, the global leader in product philanthropy and purposeful giving, which coordinates directly with local recovery agencies to meet the needs of families impacted by disasters.
Seth Basham, Wedbush Securities analyst, joins 'Squawk Box' to discuss MattressFirm filing for bankruptcy and the state of the mattress retail industry.
Yahoo Finance’s Seana Smith on the stocks making headlines in midday trading Wednesday.