I called it. That's what I saw first hand being in the industry.... good job TPX
As I said, sales are up. Stock is up
The GENIUS says......this stock heading south Mattress Form is a big cumpanuy and they didn't want it....
The sales are over at MF--they are screwed as traffic will drop. Sealy is the number one mattress in the U.S.and orders are pouring from Costco, Department stores and independent retailers. They are filling the void left by MF. In the face of massive sales at MF, TPX orders are up dramatically. TPX sales will rusume pre MF sales levels and with much higher margins. They should not return to MF.
If they didnt raise guidance based on those huge percentage increases....then their saving it for earnings because this will most definitely be a beat and raise quarter. Considering the summer is the best time to own this stock, EPS will kill it this quarter, and its cheap.....Strongest of all strong buys! Not a rookie and kinda know what I'm doing. Double your money in three months...watch
At a price like this with such performance, take over is highly possible.
Yahoo Finance Insights
TPX is up 6.43% to 51.00
being in the industry from what I see, SEALY, Stearns, and Tempur are all doing well. Business is strong and should be going up in the next QTR.
They can't make the Stearns and Foster fast enough at Roomstogo. Selling very well. 2 week wait for new Mattress while they ramp up production.
I own the top of the line mattress from them and it worth every penny of it. Those guys have the best technology for critical human need , i.e SLEEP
Stearns and foster, sealy are flying off the shelves and Tempur has their own upper scale customer
A Director, Usman Nabi, and a Major Shareholder, Rehan Jeffery, just purchased 610,000 each for a total of 1,220,000 shares valued at $58,926,894. Does anyone think there's something to this???
Tempur, sealy, especially Stearn and Foster and selling very well at Roomstogo
Jennings All Spruced UP
Amazon has some nice offerings on Tempur, TPX may not need mattress firm.
If you think Tpx is going to reunite with Mattress Firm take another hit off that pipe and 40 oz
Harry Boxer has posted his Charts of the Day video on TPX at TheTechTrader site noting: Tempur Sealy International, Inc. (TPX) looks like it could have broken out of a coil on Wednesday, dropping another 1.91, or 4.3%, to 42.47, on 1.5 million shares traded. It looks like it could fall apart. My target is 37.
anyone have info on this class action for tpx
Harry Boxer has posted his Charts of the Day video on TPX at TheTechTrader site noting: Tempur Sealy International, Inc. (TPX) continues to for a bear wedge. It may very well roll over, and if it does, look for it to test 37, and then 24.
Harry Boxer has posted his Charts of the Day video on TPX at TheTechTrader site noting: Tempur Sealy International, Inc. (TPX) fell 90 cents, or 2%, to 44.39, on 896,678 shares traded. It looks like it’s about to rollover. It had a nasty drop at the end of January, and has taken about a month and a half or two months to consolidate, forming a big bear wedge. If that breaks, we’ll see 37, and maybe all the way down to the high 20’s.
I know someone who works for Mattress Firm and they have told their employees not to discard the protective head and foot mattress protectors with Tempur and Sterms labeling as they might be able to repurpose them. Don't know if it means anything but why would they want to keep them if they weren't maybe negotiating a truce? Just speculating.....