Tempur Sealy Q4 2020 Earnings Report
Key Takeaways
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.
Total net sales increased by 21.3% to $1,057.0 million compared to Q4 2019.
Net income surged by 213.2% to $144.7 million compared to Q4 2019.
Adjusted EBITDA increased by 57.2% to $239.5 million compared to Q4 2019.
The company initiated a quarterly dividend and increased share repurchase authorization.
Tempur Sealy
Tempur Sealy
Tempur Sealy Revenue by Segment
Tempur Sealy Revenue by Geographic Location
Forward Guidance
For the full year 2021, the Company currently expects net sales growth between 15% and 20% resulting in EPS between $2.30 to $2.50. This projection implies 2021 EBITDA of between $875 and $925 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income