Tempur Sealy Reports Third Quarter 2024 Earnings Beat and Declares Quarterly Dividend

Summary

Tempur Sealy International, Inc. reported its third quarter 2024 financial results, showing a 14.1% increase in earnings per share (EPS) to $0.73, surpassing expectations. The company also announced a quarterly cash dividend of $0.13 per share, payable on December 5, 2024, to shareholders of record as of November 21, 2024. Additionally, the company narrowed its full-year 2024 adjusted EPS guidance range to $2.45 to $2.55, reflecting a slight increase from the prior year.