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) |
[REDACTED] | |
Company type | Public |
---|---|
Traded as | NYSE: TPX S&P 400 Component |
Industry | Furnishings |
Founded | 2012; 13 years ago (2012) (merger of Sealy Corporation into Tempur-Pedic) |
Headquarters | Lexington, Kentucky, U.S. |
Key people | Scott L. Thompson (chairman, president and CEO) |
Products | Bedding |
Brands | Sealy Posturepedic Tempur Tempur-Pedic Stearns & Foster Bassett |
Revenue | US$4.930 billion (FY 2021) |
Operating income | US$912.3 million (FY 2021) |
Net income | US$624.5 million (FY 2021) |
Total assets | US$4.323 billion (FY 2021) |
Total equity | US$285.8 million (FY 2021) |
Number of employees | 12,000 (As of Dec. 31, 2021) |
Subsidiaries | Sealy Corporation Tempur-Pedic Dreams |
Website | www.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
- ^ "Tempur Sealy International, Inc. 2021 Annual Report Results". February 22, 2022. Retrieved November 3, 2022.
- Abram Brown. "Going To The Mattresses: Tempur-Pedic Buys Sealy To Fight Rivals". Forbes. Retrieved 27 September 2012.
- Rob Wile. "Tempur-Pedic Is Buying Sealy". Business Insider. Retrieved 27 September 2012.
- 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
This United States retail business article is a stub. You can help Misplaced Pages by expanding it. |