Today, Company Chairman and CEO Scott Thompson and EVP and CFO Bhaskar Rao shared our Q3 2024 earnings results. In the third quarter of 2024, our leading U.S. brands performed well—with total net sales of approximately $1.3 billion, a 1.8% increase compared to last year, and a net income of $130 million, a 14.7% increase compared to last year. Scott Thompson commented, "We are pleased with our performance in the third quarter. Our global market outperformance, led by double-digit growth in our international segment, resulted in consolidated sales growth year-over-year despite the global bedding industry continuing to perform significantly below historical trends. Sales growth coupled with our operational efficiency initiatives and diverse business platform resulted in solid growth in both adjusted EBITDA and adjusted EPS. We continue to see our investments in product, people, and advertising as foundational to our long-term success." Read the full report here: https://bit.ly/4fCUTjv
About us
Iconic brands. Storied history. Industry-leading innovation. Tempur Sealy International, Inc. is the world's largest bedding provider. The company develops, manufactures and markets mattresses, adjustable bases, pillows and other sleep and relaxation products. Combining a proud history and groundbreaking innovation, the company holds some of the most highly recognized brands in the industry: Tempur®, Tempur-Pedic®, Cocoon™ by Sealy, Sealy®, and Stearns & Foster®.
- Website
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http://www.tempursealy.com/
External link for Tempur Sealy International
- Industry
- Consumer Goods
- Company size
- 10,001+ employees
- Headquarters
- Lexington, Kentucky
- Type
- Public Company
Locations
Employees at Tempur Sealy International
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Alexander Giftthaler, MBA
Director Europe and Asia-Pacific Strategy & Business Development ★ Managing Director ★ President Business Unit Europe and Asia-Pacific
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Rex Conklin
Head of Media at Tempur Sealy International | Ex-Walmart/Home Depot/Univision/Sears
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Tina Kontos
Operations Excellence | Continuous Improvement | Business Transformation | Six Sigma Black Belt
Updates
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Thank you for making Tempur-Pedic the most awarded brand in the history of the J.D. Power U.S. Mattress Satisfaction Survey! In 2024, Tempur-Pedic has ranked highest in customer satisfaction for mattress purchases. The J.D. Power rankings are based on the honest opinions of real sleepers, and we're honored to be recognized by you as America's #1 choice for mattress satisfaction. +Tempur-Pedic®️ has won more awards than any other brand in the J.D. Power U.S. Mattress Satisfaction Studies from 2017-2024, which measure customers’ satisfaction with mattresses. Visit jdpower.com/awards for more information.
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Tempur Sealy International reposted this
Tempur Sealy is stepping up to help those affected by Hurricane Helene's devastation in Western NC. Through collection drives at their NC and KY facilities, they're gathering essentials for displaced communities who need support more than ever. Click to learn how this initiative is bringing hope to those in need and how you can join in. 🌟 https://lnkd.in/gWrqXEV8 #YourSourceNews #YSN #ItsAboutTheMembers #TempurSealy #AppalachianRegionalHealthcare Tempur Sealy International Appalachian Regional Healthcare (ARH)
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On the first Sunday in November, Daylight Saving Time ends at 2 a.m. and your clock "falls back" by one hour. While this change might not be as disruptive as "springing forward," it can still impact your schedule, sleep habits, and sun exposure. Here are a few tips to help maintain a consistent sleep routine:
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Hurricane Helene struck the western part of North Carolina at the end of September, destroying entire towns through flooding and landslides. The situation remains serious, with many people still displaced and recovery efforts hindered by the inaccessibility of many roads. We are deeply grateful for the support from our Lexington, KY, employees and those at the Trinity, NC, campus – a team with many individuals deeply connected to the affected area. We partnered with Appalachian Regional Healthcare — a non-profit dedicated to improving the well-being of all people in Central Appalachia — to collect non-perishable goods and basic necessities. Together, we hope to rebuild the lives of those in need and provide relief to the community. For donation inquiries, please visit https://lnkd.in/eFDuwxVr
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Our premium pillows are made with the same legendary TEMPUR-Material™ as our mattresses. This unique blend of materials delivers a one-of-a-kind, body-hugging, supportive feel that millions of sleepers have loved for more than 25 years. Learn more: https://bit.ly/3XBi8UZ
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Tempur Sealy's Emerging Leaders team consistently seeks out new opportunities to support our local communities. Recently, our Lexington employees gathered to prepare lunches for the Hope Center — a non-profit organization that offers many impactful services, including meal delivery through its Mobile Outreach Program. The HopeMobile drives around the city to pass out food, water, toiletries, and more, to those in need. We're proud to support the Hope Center's mission to provide life-sustaining services that help rebuild lives. For more details on volunteering, please visit https://lnkd.in/e9jRS_e4
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Recently, Tempur Sealy employees participated in a cooking class with Sunrise Children's Services in Lexington, KY. Learning to cook is an essential life skill for children, fostering independence and encouraging healthier eating habits that carry into adulthood. This charitable agency supports local youth and at-risk families throughout the state, providing care and hope in our local community. To learn more about their important work, please visit https://www.sunrise.org/
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