Tag Archives: Tempur Sealy

Tempur-Pedic Provides Mattresses to Chicago Bears

Tempur-Pedic Bears

CHICAGO-For the second straight season, Tempur-Pedic is supplying mattresses to the Chicago Bears’ training camp as the team prepares for the upcoming NFL season. The mattress brand of Tempur Sealy also partnered with the Bears at last year’s training camp. This year, Tempur-Pedic mattresses were delivered to the Bears training camp at Olivet Nazarene UniversityMore »

Last updated: August 7, 2014

Tempur Sealy Loss Grows in Q2

Tempur+Sealy

LEXINGTON, Ky.-Tempur Sealy posted a second-quarter net loss of $2.2 million, compared to a second-quarter net loss of $1.6 million from last year. The loss occurred as the company continued to absorb integration costs of last year’s merger between Tempur-Pedic and Sealy. In addition, it reported a $20.4 million loss related to its disposal ofMore »

Last updated: July 25, 2014

Tempur Sealy Ups Hytinen to New Finance Post

Barry Hytinen

LEXINGTON, Ky.-Barry Hytinen has been promoted to executive vice president of corporate development and finance, a newly created position, at Tempur Sealy. In his new role, Hytinen is adding to his current responsibilities over corporate development and finance. He reports to Dale Williams, executive vice president and chief financial officer. Before this appointment, Hytinen hadMore »

Last updated: July 22, 2014

Tempur-Pedic Becomes PGA Tour Sponsor

TempurPedic

LEXINGTON, Ky.-The Tempur-Pedic division of Tempur Sealy has signed on as a sponsor of the PGA Tour in an agreement that will run through 2016. Under the terms of this agreement, Tempur-Pedic will receive designations as the PGA’s official mattress, bedding and pillow sponsor. A Tempur Sealy statement said this is the first national sportsMore »

Last updated: July 16, 2014

Leggett & Platt Buys Tempur Sealy’s Innerspring Plants

Leggett & Platt

LEXINGTON, Ky.-Leggett & Platt has purchased Tempur Sealy’s three innerspring component production facilities and equipment, for about $48 million. According to a joint statement from the two companies, the deal is in conjunction with Tempur Sealy’s decision to exit production of innerspring components in the United States. Also, the two companies have extended their relationshipMore »

Last updated: July 1, 2014

Tempur Sealy Q1 Net Up 119.2 Percent

Tempur+Sealy

LEXINGTON, Ky.-With the integration of Sealy into the former Tempur-Pedic still ongoing, Tempur Sealy posted a 119.2 percent gain in net income in its fiscal first quarter, totaling $27.4 million. The company closed the Sealy acquisition in March of last year, and the comparisons between the two quarters include Sealy’s numbers from March 18 throughMore »

Last updated: May 2, 2014

Sealy’s Rogers to Retire

Lawrence Rogers

LEXINGTON, Ky.-Lawrence Rogers, president and CEO of Sealy, will retire effective April 5, after a 34-year career with the mattress company. Rogers’ responsibilities will be moved to Tim Yaggi, chief operating officer of Tempur Sealy, Sealy’s parent; and to David Montgomery, executive vice president and president, international. Meanwhile, Rogers has been elected to the TempurMore »

Last updated: March 19, 2014

Tempur Sealy Net Down for Q4, Fiscal Year

Lifetime Brands

LEXINGTON, Ky.-With the company still meeting expenses for the acquisition of Sealy, which was completed last March, Tempur Sealy reported a 2.7 percent drop in fourth-quarter net income, to $22.9 million, and a decline of 30.7 percent in net income for the fiscal year, which totaled $74 million. The inclusion of Sealy into the companyMore »

Last updated: February 7, 2014