TEMPUR SEALY INTERNATIONAL INC
For the period ended Mar 31, 2024. Filed May 9, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 9, 2024
SGI$62.78-5.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Income
($ in millions, except per common share amounts)
| Three Months Ended | ||
|---|---|---|
| March 31, | ||
| 2024 | 2023 | |
| Net sales | $1,189.4 | $1,208.1 |
| Cost of sales | 676.8 | 708.2 |
| Gross profit | 512.6 | 499.9 |
| Selling and marketing expenses | 265.0 | 256.7 |
| General, administrative and other expenses | 121.0 | 104.5 |
| Equity income in earnings of unconsolidated affiliates | (4.9) | (4.6) |
| Operating income | 131.5 | 143.3 |
| Other expense, net: | ||
| Interest expense, net | 34.3 | 32.8 |
| Other (income) expense, net | (0.3) | 0.1 |
| Total other expense, net | 34.0 | 32.9 |
| Income before income taxes | 97.5 | 110.4 |
| Income tax provision | (20.7) | (24.5) |
| Net income before non-controlling interest | 76.8 | 85.9 |
| Less: Net income attributable to non-controlling interest | 0.5 | 0.6 |
| Net income attributable to Tempur Sealy International, Inc. | $76.3 | $85.3 |
| Earnings per common share: | ||
| Basic | $0.44 | $0.50 |
| Diluted | $0.43 | $0.48 |
| Weighted average common shares outstanding: | ||
| Basic | 173.6 | 172.0 |
| Diluted | 178.0 | 176.8 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.