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The latest update is out from Tempur Sealy ( (TPX) ).
On February 12, 2025, Tempur Sealy International announced leadership changes at its newly acquired subsidiary, Mattress Firm. John Eck resigned as CEO, transitioning to a consulting role, while Scott Thompson, Chairman and CEO of Tempur Sealy, will serve as interim CEO. The company plans to appoint a new CEO within six to nine months. Tempur Sealy will soon rebrand as Somnigroup International, with its subsidiaries operating as decentralized units, maintaining their focus on both retail and manufacturing sectors.
More about Tempur Sealy
Tempur Sealy International, Inc. is a leading global designer, manufacturer, distributor, and retailer of bedding products, committed to improving sleep worldwide. It operates renowned brands such as Tempur-Pedic, Sealy, and Stearns & Foster, and offers value-focused private label and OEM products. The company employs an omni-channel retail strategy, selling through third-party retailers, company-owned stores, and e-commerce channels, while also prioritizing environmental responsibility with a carbon neutrality goal by 2040.
YTD Price Performance: 19.28%
Average Trading Volume: 1,828,485
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $13.46B
Learn more about TPX stock on TipRanks’ Stock Analysis page.
