Tempur Posts Strong Orders
Tempur Sealy +1.5% on strong order numbers
|About: Tempur Sealy Internation… (TPX)|By: Stephen Alpher, SA News Editor
The company says North America orders in May rose 15% Y/Y (excl. Mattress Firm). Tempur-Pedic branded product orders were up 28%.
Combining April and May, North America orders (excl. Mattress Firm) were up 7% Y/Y – negatively impacted in April by a large liquidation event of Tempur Sealy branded inventory by Mattress Firm.