Tag Archives: Tempur-Pedic

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-Pedic Becomes PGA Tour Sponsor

TempurPedic

LEXINGTON, Ky.-The Tempur-Pedic division of Tempur Sealy has signed on as a sponsor of the PGA Tour in an agreement that will run through 2016. Under the terms of this agreement, Tempur-Pedic will receive designations as the PGA’s official mattress, bedding and pillow sponsor. A Tempur Sealy statement said this is the first national sportsMore »

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 »

Harris Poll Reveals Top Brands in Home Furnishings

The Harris Poll

NEW YORK–Dyson, Crock-Pot, Tempur-Pedic, Weber and Kenmore were among the home furnishings brands named Brand of the Year in their respective categories in a 2013 Harris Poll EquiTrend study. The study measures the perceptions of more than 38,500 American consumers on more than 1,500 brands across more than 15 categories. It is comprised of threeMore »

Tempur Sealy Posts Q2 Loss as Company Adjusts to Merger

Tempur+Sealy

LEXINGTON, Ky.-The costs of integrating Sealy into Tempur-Pedic were a major factor in Tempur Sealy’s second-quarter loss of $1.6 million, compared to second-quarter net income of $29.1 million from one year ago. Tempur-Pedic closed on its acquisition of Sealy in March, and the company changed to the Tempur Sealy moniker in May. These results doMore »