Tempur Sealy International Inc

NYSE:TPX   3:59:53 PM EDT
47.61
-0.36 (-0.75%)
Products, Expansion, Other Pre-Announcement

Tempur Sealy Provides Market Update

Published: 12/09/2020 11:55 GMT
Tempur Sealy International Inc (TPX) - Tempur Sealy Provides Market Update.
Tempur Sealy Says Now Expects Q4 Adjusted EBITDA Growth of Approximately 30% on Low Double-digit Net Sales Growth.
Tempur Sealy - Targeting Share Repurchases of About $280 Million for 2020, Including About $100 Million in Share Repurchases in Q4.
Tempur Sealy Says Intending to Redeem in Q1 of 2021 $125 Million of $250 Million Outstanding on Company's Senior Notes Due 2023.
Tempur Sealy Says Planning to Invest an Incremental $150 Million Over Next Three Years to Support Growth Initiatives.
Tempur Sealy Says Plans to Expand Its Three Existing Foam Facilities and Open One New State-of--art Foam Facility in U.S.