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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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Tempur Sealy Reconnects With Mattress Firm, Expands Big Lots Agreement
Tuesday, June 18, 2019 - 12:02pm | 180Mattress maker Tempur Sealy International Inc (NYSE: TPX) announced Tuesday that it has entered into two new third-party retail relationships and is expanding an existing retailer relationship. The company estimates $400 million in additional net sales from the new supply agreements: a...
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US Responds To Mattress Dumping Allegations With New Tariffs
Thursday, May 30, 2019 - 4:13pm | 669American mattress makers welcomed the U.S. government’s firm response to allegations of Chinese mattress dumping with new tariffs — but it may not have been the king-size response some had hoped for. What Happened The Commerce Department said Wednesday that Chinese exporters have dumped...
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Piper Jaffray Lowers Tempur Sealy Price Target, Says Mattress Firm Gained Market Share With 'Aggressive' Promotions
Monday, March 12, 2018 - 2:25pm | 390Increased competition from Mattress Firm could be weighing on Tempur Sealy International Inc (NYSE: TPX), according to Piper Jaffray. The Analyst Piper Jaffray analyst Peter Keith maintains an Overweight rating on Tempur Sealy but lowered the price target from $75 to $66. The Thesis...
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Tempur Sealy Benefits From Mattress Firm's Woes, Wedbush Says
Wednesday, February 7, 2018 - 11:45am | 398Tempur Sealy International Inc (NYSE: TPX) has the opportunity to capture significant market share despite the headwinds faced by traditional mattress manufacturers and retailers, an analyst at Wedbush said. The Analyst Wedbush analyst Seth Basham upgraded shares of Tempur Sealy from Neutral...
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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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Wedbush Points To Sluggish Q2 Mattress Sales, But Finds Uptick Over Memorial Day
Wednesday, May 31, 2017 - 12:49pm | 541Wedbush's Seth Basham offered an industrywide update on the mattress industry as the sector gears up for its earnings report. Initial checks point to a "sluggish" start to mattress sales earlier in May, but ticked higher during the Memorial Day period, Basham said in a Wednesday...