Tempur Sealy sees FY23 adjusted EPS $2.60-$2.80, consensus $2.76

Sees FY23 revenue up mid single digits, consensus $5.02B. For the full year 2023, the company currently expects adjusted EPS between $2.60 to $2.80. This contemplates the company’s current sales outlook for mid single digit year-over-year growth. Company chairman and CEO Scott Thompson commented, "We are pleased to issue 2023 guidance that targets growth on both the top and bottom line. This contemplates Tempur Sealy’s continued outperformance across the bedding industry worldwide driven by our key product, brand, and omni-channel initiatives. Our strong competitive position continues to provide us growth opportunities."