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Dec 31, 2022
Tempur Sealy Q4 2022 Earnings Report
Tempur Sealy reported Q4 2022 results, with net sales of $1.2 billion and EPS of $0.57.
Key Takeaways
Tempur Sealy's Q4 2022 net sales decreased by 12.7% to $1,187.4 million compared to Q4 2021, with EPS decreasing to $0.57. The company is targeting sales and adjusted EPS growth in 2023.
Total net sales decreased 12.7% to $1,187.4 million compared to Q4 2021.
North America business segment net sales decreased by 12.2%.
International business segment net sales decreased by 14.3%.
Earnings per diluted share decreased to $0.57 compared to $0.88 in Q4 2021.
Tempur Sealy
Tempur Sealy
Tempur Sealy Revenue by Segment
Tempur Sealy Revenue by Geographic Location
Revenue by Segment
North America Revenue
CapyFin.comInternational Revenue
CapyFin.comRevenue by Geographic Location
North America Revenue
CapyFin.comInternational Revenue
CapyFin.com Forward Guidance
The Company currently expects adjusted EPS between $2.60 to $2.80 for the full year 2023, contemplating mid single digit year-over-year sales growth.
Positive Outlook
- Targets growth on both the top and bottom line.
- Continued outperformance across the bedding industry worldwide.
- Driven by key product initiatives.
- Driven by brand initiatives.
- Driven by omni-channel initiatives.
Revenue & Expenses
Visualization of income flow from segment revenue to net income