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LEXINGTON, Ky.-Two months after completing its acquisition of Sealy, Tempur-Pedic has adopted a new corporate name, Tempur Sealy International, to reflect the combination of the two mattress giants.
The new name was approved by the company’s stockholders at their annual meeting on May 22. A Tempur...
ST. LOUIS-Furniture Brands International has reached an agreement with mattress manufacturer Boyd Specialty Sleep for collections of mattresses and related sleep accessories under several brands in the Furniture Brands portfolio.
The sleep products will be offered under the Broyhill, Lane, Drexel...
LEXINGTON, Ky.-Expenses related to the company’s merger with Sealy played a significant role in the 77.8 percent slide in net income for Tempur-Pedic in its first quarter.
Net income in the quarter, which ended on March 31, was $12.5 million. The Sealy acquisition resulted in $16 million of...