Select Comfort Corp
Why Did Select Comfort Fall ~9% on September 28?
Select Comfort fell 9.2% to close at ~$22.8 per share on September 28. The stock’s weekly, monthly, and YTD price movements were -10.1%, -13.6%, and 6.6%.
Piper Jaffray Upgrades Select Comfort to ‘Overweight’
Select Comfort rose by 7.5% and closed at $27.68 per share on August 15. Its weekly, monthly, and YTD price movements were 7.7%, 21.4%, and 29.3%.
Longbow Research Rated Tempur Sealy as a ‘Buy’
Tempur Sealy International (TPX) has a market cap of $3.6 billion. TPX fell by 0.41% to close at $57.91 per share as of March 15, 2016.
Tempur Sealy expects to dominate growth in bedding market
Tempur Sealy expects to dominate growth by increasing operational efficiency and shareholder value in the mattress and bedding market.
Unfavorable currency exchange rates impact Tempur Sealy’s results
In the absence of currency fluctuations, TPX’s 2014 annual sales increased 23%. Growth was driven by the three segments and Tempur Sealy’s results.
Tempur Sealy’s business segments and five-year performance
Tempur Sealy’s business segments include Tempur North America, Tempur International, and Sealy.
H Partners tackles Tempur Sealy’s stock underperformance
H Partners believes Tempur Sealy’s stock has lagged behind its industry peers, claiming TPX has underperformed by more than 75% over the last three years.