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Dec 31, 2021
Tempur Sealy Q4 2021 Earnings Report
Tempur Sealy's Q4 2021 earnings report revealed a strong performance, marked by increased net sales and EPS.
Key Takeaways
Tempur Sealy International, Inc. reported record financial results for the fourth quarter of 2021. Total net sales increased by 28.6% to $1,359.6 million, and EPS increased by 31% to $0.88. The company also increased its quarterly dividend by double-digits to $0.10 per share and established 2022 EPS guidance of $3.65 to $3.85.
Total net sales increased by 28.6% to $1,359.6 million compared to Q4 2020.
Earnings per diluted share increased to $0.88, up from $0.67 in Q4 2020.
Net income rose by 21.5% to $175.8 million compared to $144.7 million in Q4 2020.
The company increased its quarterly cash dividend to 10 cents per share, an 11% increase.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
For the full year 2022, the Company currently expects EPS between $3.65 to $3.85. This contemplates the Company's current sales outlook for strong year-over-year growth between 15% to 20%.
Positive Outlook
- Strong year-over-year sales growth between 15% to 20% is expected.
- The Company expects EPS between $3.65 to $3.85.
- Company is targeting to repurchase at least 10 percent of our shares outstanding.
- Company will continue to invest in supporting our global brands with powerful advertising.
- Company will continue to invest in additional manufacturing capacity and industry-leading product innovation.
Challenges Ahead
- Expectations are based on information available at the time of the release.
- Expectations are subject to changing conditions.
- Many conditions are outside the Company's control.
- Potential risk factors include labor shortages.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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