Tempur Sealy Non-GAAP EPS of $0.58 in-line, revenue of $1.21B misses by $50M, updates FY earning guidance

Jul. 27, 2022 6:39 AM ETTempur Sealy International, Inc. (TPX)By: Deepa Sarvaiya, SA News Editor
  • Tempur Sealy press release (NYSE:TPX): Q2 Non-GAAP EPS of $0.58 in-line.
  • Revenue of $1.21B (+3.4% Y/Y) misses by $50M.
  • Financial Guidance

    The Company has updated its earnings guidance for the full year 2022, and currently expects adjusted EPS between $2.60 to $2.80  vs consensus of $3.00.The Company noted that its expectations are based on information available at the time of this release, and are subject to changing conditions, many of which are outside the Company's control.

  • . This contemplates the Company's current outlook for full year 2022 consolidated sales to be consistent with prior year.

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