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Tempur Sealy International Inc. (TPX)

  • Sep. 27, 2012, 8:04 AM
    More on the Tempur-Pedic (TPX +5.4%) / Sealy (ZZ) deal - Tempur-Pedic is paying $229M to acquire Sealy, although the whole transaction is valued at $1.3B including the Sealy debt that Tempur-Pedic has agreed to assume or repay. Having ended at $2.14 yesterday, Sealy shares spiked 10% earlier but have settled down a bit and are +4.2% to $2.23, above TPX's offer price of $2.20.
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  • Sep. 27, 2012, 7:22 AM
    Sealy (ZZ): FQ3 EPS of $0.00 misses by $0.03. Revenue of $365.4M (+9.4% Y/Y) beats by $21M. Shares +2.8% premarket. (PR)
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  • Sep. 24, 2012, 11:05 AM
    Shares of Tempur-Pedic (TPX -4.9%) fall even after Longbow Research comes out with a positive take on the bedding name. Analysts say the company's sales are outpacing the industry, while it's also keeping its advertising costs relatively flat. If the trend holds, margins could improve.
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  • Sep. 21, 2012, 12:23 PM
    Shares of Sealy (ZZ +10.3%) rip higher as Hayman Capital Management discloses in a SEC filing (13D) that it holds a 5.9% stake in the bedding seller. Though the sector tends to rally as a group, today Sealy is playing lone wolf.
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  • Sep. 7, 2012, 9:21 AM
    Mattress stocks are on watch for a shakeup after Mattress Firm clipped its estimates for FY13 earnings. Organic sales in the sector are now in focus with investors as companies start to run out of ways to buy growth. Premarket: MFRM -10.1%, SCS -1.3%, TPX -1.5%, ZZ inactive.
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  • Sep. 6, 2012, 5:00 PM
    More on Mattress Firm's FQ2: Same-store sales growth of 5% a major slowdown from FQ1's 16.1%. MFRM is acquiring Mattress X-Press, owner of 35 mattress stores in South Carolina and Georgia, for $15.8M. Mattress X-Press is expected to add $7M-$9M to 2H FY13 revenue; reduce FY13 EPS by $0.03-$0.04, and increase FY14 EPS by $0.09-$0.12. The company expects FY13 revenue of $1.022B-$1.039B and EPS of $1.47-$1.50 vs. a consensus of $1.02B and $1.49. MFRM -12.1% AH. TPX -2.5%. (PR)
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  • Aug. 7, 2012, 3:22 PM
    Shares of Tempur-Pedic (TPX +6.1%) trade higher with the company announcing the opening of its first retail store in Natick, Massachusetts. In addition to its own proprietary bedding products, the store also features related items from other manufacturers.
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  • Jul. 25, 2012, 9:16 AM
    Premarket gainers: RVBD +26%. ACOM +16%. LL +14%. VHC +13%. INVN +13%. REGN +13%. ALTR +11%. SYMC +10%. DEXO +10%. SPPI +10%. TPX +9%. PSTI +8%. PNRA +8%. GALT +8%. JNPR +7%. ARMH +7%. ALXN +6%. BRCM +6%. STEM +5%.
    Losers: RSH -22%. NFLX -20%. TRIP -15%. IGT -12%. BWLD -11%. RFMD -10%. WLP -10%. USG -6%. WFT -6%.
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  • Jul. 24, 2012, 8:02 PM
    More on Tempur-Pedic (TPX): Q2 beats despite the fact that profit slumped in the quarter, as the mattress maker deals with a deeply competitive climate in its North American business. Still, shares are higher in the post session as both earnings and revenue declined less than the 50% the company had predicted in a dismal forecast issued last month. The company also ups its earnings forecast for the year, now expecting to $2.80 per share, reflecting a lower share count due to recent share repurchases. Shares +8.8% AH.
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  • Jul. 24, 2012, 4:21 PM
    Tempur-pedic International (TPX): Q2 EPS of $0.45 beats by $0.13. Revenue of $329.5M (-3.7% Y/Y) beats by $2M. Shares +10.3% AH. (PR)
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  • Jul. 19, 2012, 9:20 AM
    Mattress stocks could get a lift after Select Comfort beats earnings estimates for Q2 and sets its full-year earnings guidance higher. The trend with mattress names has been bouncy sector-wide trading on any bit of forward-looking news. On watch: TPX +4.1% premarket, ZZ, MFRM.
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  • Jul. 17, 2012, 11:34 AM
    Shares of Mattress Firm (MFRM -14.5%) get crushed after the company lowers its full-year revenue and same-store sales guidance. The weak sales outlook is disturbing enough, but after Mattress Firm backed its outlook just a month ago, UBS notes the creditability of management may be at issue. Sector movers: TPX -2.4%, SCSS -8.6%, ZZ -2.7%.
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  • Jul. 16, 2012, 6:11 PM
    Mattress Firm's (MFRM) Q2 warning takes a toll on other mattress stocks. TPX -6.1%. SCSS -7.4%. The warning comes 6 weeks after Tempur Pedic cut its 2012 sales outlook, and bolsters bear arguments about weakening consumer demand. MFRM now -12.5% AH.
  • Jun. 28, 2012, 10:03 AM
    Mattress stocks get a boost with fresh data out showing that May bedding sales increased over 18% in May. Longbow says that the trend should continue through June and July as it backs its Buy-rated picks Tempur Pedic (TPX) and Select Comfort (SCSS). Advancers: TPX +3.9%, SCSS +4.5%, MFRM +3.1%, ZZ +1.1%.
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  • Jun. 21, 2012, 2:59 PM
    Mattress stocks see another underperforming day after Bed Bath & Beyond's tepid guidance set the tone in the home furnishings sector. Select Comfort (SCSS -7.5%), Tempur-Pedic (TPX -5.2%), Sealy (ZZ -4.9%), and Mattress Firm (MFRM -6.6%) are all taking it on the chin as shares start to get evaluated by investors more on fundamentals than momentum.
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  • Jun. 7, 2012, 10:20 AM
    Shares of Tempur-Pedic (TPX -4.6%) haven't found a bottom yet, even though mattress peers are moving higher: ZZ +2.5%, SCSS +2.4%, MFRM +3.6%. Analysts aren't done taking their ratings down on TPX with Piper the latest to move off its bullish call.
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Company Description
Tempur Sealy International Inc is a bedding provider. The Company develop, manufacture, market and distributes bedding products, which it sells internationally.