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DoorDash Delivers Mattresses? College Student Promotion Puts Spotlight On 'Better Sleep'
Friday, August 23, 2024 - 4:24pm | 447Leading mattress company Mattress Firm partnered with DoorDash Inc (NASDAQ:DASH) to help deliver "better sleep to college students" and add to the number of items you can now get from many food delivery companies. What Happened: DoorDash is best known as a food delivery company, which partners with...
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Consolidation In The Mattress Industry? Don't Sleep On This
Tuesday, May 9, 2023 - 1:53pm | 383Tempur Sealy International Inc (NYSE: TPX) announced plans on Tuesday to acquire Mattress Firm in a cash-and-stock deal valued at approximately $4 billion. The Details: Mattress Firm, part-owned by Steinhoff International Holdings NV (OTCMKTS: STHHF), operates more than 2,300 brick-and-mortar...
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A Tempur Sealy-Mattress Firm Reunion? Raymond James Says It's Increasingly Likely
Monday, January 21, 2019 - 10:16am | 370Tempur Sealy International Inc (NYSE: TPX) could be headed for a reunion with Mattress Firm, according to one analyst. The Thesis Although there has been no word about a deal between Tempur Sealy and Mattress Firm, all signs point to an increased likelihood for a potential reunion in 2019,...
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Even After 30% Drop, Analyst Says Tempur Sealy Has More Downside
Monday, April 16, 2018 - 1:55pm | 261A horrendous 2018 went from bad to worse for Tempur Sealy International Inc (NYSE: TPX) on Monday after the stock received another analyst downgrade. The Analyst Loop Capital analyst Laura Champine downgraded Tempur Sealy from Hold to Sell and lowered her price target for the stock from $49 to $...
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Cuddle Up To A Position In Tempur Sealy Shares, Says Piper Jaffray
Monday, August 14, 2017 - 11:01am | 317Analysts at Piper Jaffray turned bullish on Tempur Sealy International Inc (NYSE: TPX) given expectations for a sizable earnings per share and EBITDA growth through 2020. The firm's Peter Keith upgraded Tempur Sealy's stock from Neutral to Overweight with a price target boosted from $61 to...
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Tempur Sealy Cushions Shareholders After Selloff
Thursday, February 9, 2017 - 1:28pm | 436Tempur Sealy International Inc (NYSE: TPX) shares plunged last week after it split with its largest customer, Mattress Firm, losing more than 25 percent in a day, and the mattress maker’s board has responded to the selloff with a shareholder rights plan. The plan, announced Thursday, gives...
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Tempur Sealy Left In A Disadvantaged Position
Tuesday, January 31, 2017 - 9:30am | 343The challenges facing Tempur Sealy International Inc (NYSE: TPX) mounted on Monday with the termination of its supply agreement with its largest customer, Mattress Firm Holding Corp. Wedbush’s Seth Basham maintains a Neutral rating on the company, while lowering the price target from $55 to $...
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Tempur Sealy Gets Laid Out After Mattress Firm Contract Cancellation
Monday, January 30, 2017 - 11:49am | 166Tempur Sealy International Inc (NYSE: TPX) shares are trading lower by $17.30 (28 percent) at $45.89 in Monday's session. Investors are exiting the issue following the announcement that Mattress Firm has terminated all contracts with the company as of January 27. This the direct result of...
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Market Wrap For January 15: Bulls Take Over As Economic Growth Remains Healthy
Wednesday, January 15, 2014 - 5:45pm | 2827The market picked up where it left off Tuesday and recorded a second straight day of strong gains. The Dow posted a triple digit point gain while the S&P 500 and Nasdaq all gained as the Federal Reserve's Beige Book indicated that economic growth remained healthy in most U.S. regions. The...