More on Tempur-Pedic (TPX): Q3 beats estimates on a 30% jump in Y/Y sales globally. Operating...

|About: Tempur Sealy International ... (TPX)|By:, SA News Editor

More on Tempur-Pedic (TPX): Q3 beats estimates on a 30% jump in Y/Y sales globally. Operating margins rose 8.8% due to improved overall leverage, despite being partially offset by an increase in marketing expenses and higher commodity costs. The company raises FY11 guidance, now seeing its EPS to be around $3.12 - $3.17 per share on revenue of between $1.4B - $1.45B. Despite the better numbers, shares are -4.8% AH.