Tempur Sealy Earnings Reports

Somnigroup International Inc. reported strong fourth-quarter results, with net sales increasing by 3.2% to $1,207.9 million. The company's adjusted EPS grew by 13.2% to $0.60. The company also issued financial guidance for the full year 2025, reflecting the acquisition of Mattress Firm.

Tempur Sealy's fourth-quarter performance showed resilience amidst soft demand in the bedding category. Total net sales decreased slightly by 1.4% to $1,170.5 million, but consolidated gross margins expanded by 260 basis points to 43.8%. EPS decreased to $0.43, while adjusted EPS was $0.53. The company also increased its quarterly cash dividend by 18% to $0.13 per share.

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.

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.

Tempur Sealy International Inc. reported record fourth-quarter results, with a 21.3% increase in net sales to $1,057.0 million, a 213.2% increase in net income to $144.7 million, and a 57.2% increase in adjusted EBITDA to $239.5 million. The company also initiated a quarterly dividend and increased share repurchase authorization.