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Tempur Sealy reports Q4 adjusted EPS 54c, consensus 52c
The Fly

Tempur Sealy reports Q4 adjusted EPS 54c, consensus 52c

Reports Q4 revenue $1.19B, consensus $1.22B. Company chairman and CEO Scott Thompson commented, "Our fourth quarter and full year results are the second best sales and adjusted net income results for like periods in the Company’s history. Although the robust market we experienced in 2021 represented a challenging comparison for 2022, we outperformed the global bedding market, expanding our leading position in the global industry. We continued to invest in industry-leading product innovation and advertising spend, expand our manufacturing capacity, drive omni-channel expansion worldwide, and execute on our balanced capital allocation strategy. As we enter 2023, we expect success across our brand, product, and omnichannel initiatives to deliver growth on both the top and bottom line as the industry experiences a stable but subdued demand environment."

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