Tempur Sealy International's Q3 Adjusted Earnings, Sales Rise; Maintains Quarterly Dividend

MT Newswires Live11-07

Tempur Sealy International (TPX) reported Q3 adjusted earnings Thursday of $0.82 per diluted share, up from $0.77 a year earlier.

Analysts polled by Capital IQ expected $0.81.

Net sales for the quarter ended Sept. 30 were $1.3 billion, up from $1.28 billion a year earlier.

Analysts polled by Capital IQ expected $1.29 billion.

Tempur said it now expects full-year 2024 adjusted earnings of between $2.45 and $2.55, narrower than $2.45 to $2.65 expected previously. Analysts surveyed by Capital IQ are looking for $2.52.

The company said it maintained a quarterly dividend of $0.13 per share, payable Dec. 5 to shareholders of record on Nov. 21.

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