Misplaced Pages

Tempur Sealy International

Article snapshot taken from[REDACTED] with creative commons attribution-sharealike license. Give it a read and then ask your questions in the chat. We can research this topic together.
American company that manufactures mattresses
This article relies largely or entirely on a single source. Relevant discussion may be found on the talk page. Please help improve this article by introducing citations to additional sources.
Find sources: "Tempur Sealy International" – news · newspapers · books · scholar · JSTOR (January 2020)
Tempur Sealy International, Inc.
[REDACTED]
Company typePublic
Traded asNYSETPX
S&P 400 Component
IndustryFurnishings
Founded2012; 13 years ago (2012) (merger of Sealy Corporation into Tempur-Pedic)
HeadquartersLexington, Kentucky, U.S.
Key peopleScott L. Thompson (chairman, president and CEO)
ProductsBedding
BrandsSealy Posturepedic
Tempur
Tempur-Pedic
Stearns & Foster
Bassett
RevenueIncrease US$4.930 billion (FY 2021)
Operating incomeIncrease US$912.3 million (FY 2021)
Net incomeIncrease US$624.5 million (FY 2021)
Total assetsIncrease US$4.323 billion (FY 2021)
Total equityDecrease US$285.8 million (FY 2021)
Number of employees12,000 (As of Dec. 31, 2021)
SubsidiariesSealy Corporation
Tempur-Pedic
Dreams
Websitewww.tempursealy.com

Tempur Sealy International, Inc. is an American manufacturer of mattresses and bedding products.

The company was formed when Tempur-Pedic International, a manufacturer of memory foam mattresses acquired its biggest competitor Sealy Corporation in 2012. It is based in Lexington, Kentucky.

In May 2023 Temper Sealy sought to acquire mattress retailer Mattress Firm for a reported $4 billion. However, in July 2024 the deal was blocked by the FTC due to concerns about its impact on competition in the space.

See also

References

  1. ^ "Tempur Sealy International, Inc. 2021 Annual Report Results". February 22, 2022. Retrieved November 3, 2022.
  2. Abram Brown. "Going To The Mattresses: Tempur-Pedic Buys Sealy To Fight Rivals". Forbes. Retrieved 27 September 2012.
  3. Rob Wile. "Tempur-Pedic Is Buying Sealy". Business Insider. Retrieved 27 September 2012.
  4. Maruf, Ramishah (2024-07-02). "FTC unanimously moves to block $4 billion merger of mattress giants | CNN Business". CNN. Retrieved 2024-07-05.

External links

Mattress manufacturers
S&P 400 companies
Energy
Materials
Industrials
Consumer
Discretionary
Consumer
Staples
Health Care
Financials
Information
Technology
Communication
Services
Real Estate
Utilities


Stub icon

This United States retail business article is a stub. You can help Misplaced Pages by expanding it.

Categories:
Tempur Sealy International Add topic