Description

Tempur Sealy International, Inc.: Initiation Of Coverage – What Is The Latest Update On The Mattress Firm Acquisition?

The earnings for Tempur Sealy in the second quarter of 2024 presents a mixed financial outlook, characterized
by both positive achievements and challenging market conditions. The company reported a notable increase in
net sales which approximate $1.2 billion, and adjusted EBITDA stood at $231 million, marking a year-over-year
improvement of 6%. Adjusted earnings per share also saw growth, rising 9% to $0.63, alongside an improved
leverage ratio. Tempur Sealy’s performance in the U.S. outpaced the overall market, attributed to strong brand recognition and successful new product launches.

Our Report Structure:

⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures

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