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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
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