Tag Archives: Sealy

Tempur Sealy Loss Grows in Q2

Tempur+Sealy

LEXINGTON, Ky.-Tempur Sealy posted a second-quarter net loss of $2.2 million, compared to a second-quarter net loss of $1.6 million from last year. The loss occurred as the company continued to absorb integration costs of last year’s merger between Tempur-Pedic and Sealy. In addition, it reported a $20.4 million loss related to its disposal ofMore »

Tempur Sealy Q1 Net Up 119.2 Percent

Tempur+Sealy

LEXINGTON, Ky.-With the integration of Sealy into the former Tempur-Pedic still ongoing, Tempur Sealy posted a 119.2 percent gain in net income in its fiscal first quarter, totaling $27.4 million. The company closed the Sealy acquisition in March of last year, and the comparisons between the two quarters include Sealy’s numbers from March 18 throughMore »

Sealy’s Rogers to Retire

Lawrence Rogers

LEXINGTON, Ky.-Lawrence Rogers, president and CEO of Sealy, will retire effective April 5, after a 34-year career with the mattress company. Rogers’ responsibilities will be moved to Tim Yaggi, chief operating officer of Tempur Sealy, Sealy’s parent; and to David Montgomery, executive vice president and president, international. Meanwhile, Rogers has been elected to the TempurMore »

Tempur Sealy Net Down for Q4, Fiscal Year

Lifetime Brands

LEXINGTON, Ky.-With the company still meeting expenses for the acquisition of Sealy, which was completed last March, Tempur Sealy reported a 2.7 percent drop in fourth-quarter net income, to $22.9 million, and a decline of 30.7 percent in net income for the fiscal year, which totaled $74 million. The inclusion of Sealy into the companyMore »