Sealy Tops List of U.S. Bedding Producers
Tempur Sealy International, Inc. (“Tempur Sealy”, “Sealy” or the “Company”) announced that Sealy was ranked number one on Furniture Today’s list of the Top 20 U.S. Bedding Producers1. Furniture Today estimated that Sealy sales were up 12.5% in 2019 which propelled the brand to reclaim the number one position on the list which was previously held by Sealy for over 40 consecutive years until 2011. Furniture Today is one of the most respected trade publications in the bedding industry and has compiled the list of top bedding producers annually since the 1970s.
“This is a great honor for the Sealy and Stearns & Foster brands, a testament to the preferences of consumers who recognize Sealy for exceptional comfort, support and durability. I would like to thank all the members of the Tempur Sealy team and our licensees that bring so much pride and love to the work they do on behalf of this historic brand,” said Scott Thompson, Tempur Sealy Chairman and CEO. “I also want to thank our retail partners. This honor would not have happened without their passion for our brands and products.”
Sealy was started in Sealy, Texas in 1881 and has produced over 100 million mattresses during the last 130 years. Sealy’s exclusive Posturepedic Technology™ was developed with the help of orthopedic specialists to deliver reinforced support and is featured across the Response, Conform and Hybrid lines of products. Sealy mattresses are available around the world and are proudly built in the U.S. for the domestic market.
“It is clear that our multi-year investments in our people, products, service, manufacturing and logistics have driven our exceptional results,” said Thompson, who has been Tempur Sealy Chairman and CEO since 2015.
Thompson added. “This has been an exciting journey of growth for Sealy. In fact, we now expect Sealy sales in the U.S. to grow in the second quarter 2020 as compared to the prior year, despite the headwinds associated with COVID-19. As part of that journey and the improving trends, we are targeting to open a new state-of-the-art Sealy plant in Dallas, Texas in the fourth quarter of 2020. This will be our 26th Sealy facility in North America and will result in over 150 new employees. We expect in the coming years to further Sealy’s leadership position in the marketplace.”
About Tempur Sealy International
Tempur Sealy International, Inc. (NYSE: TPX) develops, manufactures, and markets mattresses, foundations, pillows and other products. The Company’s products are sold worldwide through third party retailers, its own stores, and online. The Company’s brand portfolio includes many highly recognized brands in the industry, including Tempur®, Tempur-Pedic®, Sealy® featuring Posturepedic® Technology, and Stearns & Foster®. World headquarters for Tempur Sealy International is in Lexington, KY. For more information, visit http://www.tempursealy.com or call 800-805-3635.
Aubrey Moore – Investor Relations – email@example.com – (800) 805-3635
Source: Tempur Sealy International, Inc.