Somnigroup (formerly Tempur Sealy): The new Sleep Giant
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Acquisition effects: This year's acquisition of the largest US mattress chain is paying off significantly – the quarterly report from November 6 confirms the strong effects. Interest leverage: Every reduction of 100 basis points increases the EPS by around $0.18-0.20. Somnigroup – formerly Tempur Sealy – is one of the largest manufacturers of sleep products worldwide. Under brands like Tempur-Pedic, Sealy, and Stearns & Foster, the company develops mattresses, adjustable systems, pillows, and matching accessories. Sales occur...
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