Here's What Key Metrics Tell Us About Tempur Sealy Q2 Earnings

For the quarter ended June 2024, Tempur Sealy TPX reported revenue of $1.23 billion, down 2.8% over the same period last year. EPS came in at $0.63, compared to $0.58 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $1.27 billion, representing a surprise of -3.07%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.63.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Tempur Sealy performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Net Sales- International

  : $255.20 million compared to the $256.26 million average estimate based on three analysts. The reported number represents a change of +0.9% year over year.

• Net Sales- North America

  : $978.40 million versus $1.02 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -3.8% change.

• Net Sales- North America- Direct

  : $123.60 million versus the two-analyst average estimate of $121.40 million. The reported number represents a year-over-year change of +2.3%.

• Net Sales- International- Direct

  : $159.50 million compared to the $159.20 million average estimate based on two analysts. The reported number represents a change of -0.1% year over year.

• Net Sales- International- Wholesale

  : $95.70 million versus the two-analyst average estimate of $94.24 million. The reported number represents a year-over-year change of +2.7%.

• Net Sales- North America- Wholesale

  : $854.80 million versus $895.85 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -4.6% change.

• Net Sales- Direct

  : $283.10 million versus $280.60 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +0.9% change.

• Net Sales- Wholesale

  : $950.50 million versus $990.09 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -3.9% change.

Shares of Tempur Sealy have returned +2.4% over the past month versus the Zacks S&P 500 composite's -6.7% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

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