45.42 0.00 (0.00%)
After hours: 4:44PM EST
|Bid||39.60 x 2200|
|Ask||69.50 x 900|
|Day's Range||44.52 - 46.31|
|52 Week Range||41.10 - 65.73|
|Beta (3Y Monthly)||2.12|
|PE Ratio (TTM)||18.32|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
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.
This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios). To keep it practical, we'll show how Tempur Sealy International Inc's Read More...
International Inc. investors may be losing sleep about mattress trends given the recent bankruptcy of Mattress Firm Inc., one of the U.S. industry’s largest distribution channels. Tempur Sealy was already suffering a big sales decline after it terminated supply arrangements with Mattress Firm more than a year ago. While the closure of nearly 700 Mattress Firm stores could rationalize an ultra competitive environment over time, the liquidation of its inventory will pressure Tempur’s sales at least in the fourth quarter.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Consumer Goods sector is rising.
I am going to run you through how I calculated the intrinsic value of Tempur Sealy International Inc (NYSE:TPX) by taking the expected future cash flows and discounting them to Read More...
Tempur Sealy (TPX) delivered earnings and revenue surprises of -12.82% and -1.22%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
Shares of Tempur Sealy International Inc. tumbled 5.9% in premarket trade Thursday, after the mattress maker reported third-quarter results that missed expectations and cut its EBITDA outlook. Net income slipped to $42.3 million, or 78 cents a share, from $44.6 million, or 83 cents a share, in the same period a year ago. Excluding non-recurring items, adjusted earnings per share rose 1% to $1.02, but was below the FactSet consensus of $1.18. Revenue rose 2.5% to $729.5 million, but missed the FactSet consensus of $741.9 million, as better-than-expected North America sales was offset by less-than-expected international sales. Gross margin fell to 41.1% from 43.1%. For 2018, the company cut its outlook for adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) to $425 million to $435 million from $440 million to $460 million, citing retailer credit issues, weakness in its international business and tariff-related commodity headwinds that were not yet offset by price increases. The stock had slumped 26% year to date, while the S&P 500 has gained 1.4%.
On a per-share basis, the Lexington, Kentucky-based company said it had profit of 77 cents. Earnings, adjusted for one-time gains and costs, came to $1.02 per share. The results fell short of Wall Street ...
Albuquerque's Uptown Mall will be getting a new tenant next month, as Tempur Sealy International ramps up its retail expansion.
The bedding-products maker moved to lift the automatic stay that is shielding Mattress Firm in U.S. Bankruptcy Court in Wilmington, Del., with the aim of restarting litigation already pending in federal court. Tempur-Pedic North America in August sued Mattress Firm and three unrelated companies in federal court in Tampa, Fla., alleging trademark infringement and unfair competition. It alleged, among other things, that Mattress Firm and the others make, advertise and sell mattresses under the name “‘Therapedic,’ which, as used by defendants, is confusingly similar” to the Tempur-Pedic brand.
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.
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.
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.