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TempurPedic International Inc. Reports Operating Results (10-K)

Jan 30, 2012 | About:
10qk
10qk

TempurPedic International Inc. (TPX) filed Annual Report for the period ended 2011-12-31.

Tempurpedic International Inc. has a market cap of $4.62 billion; its shares were traded at around $70.09 with a P/E ratio of 22.04 and P/S ratio of 3.26. Tempurpedic International Inc. had an annual average earning growth of 12.7% over the past 10 years.


This is the annual revenues and earnings per share of TPX over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of TPX.


Highlight of Business Operations:

Our business generates significant cash flow due to the combination of our sales, gross and operating margins, low maintenance capital expenditures and limited working capital requirements. For the year ended December 31, 2011, our Gross profit margin and Net income margin were 52.4% and 15.5%, respectively, on Net sales of $1.4 billion. Our Net income margin allows our business model the flexibility to invest in our global brand, invest in research and development and new products, enhance our sales force, invest in our manufacturing operations, invest in information systems and recruit experienced management and other personnel.

A significant portion of our Net sales is attributable to sales in our North American Retail channel, particularly sales to furniture and bedding stores. We believe that our sales of mattresses and pillows to furniture and bedding stores are typically subject to modest seasonality inherent in the bedding industry with sales expected to be generally lower in the second and fourth quarters and higher in the first and third quarters. Internationally, specifically in Europe, we are subject to seasonality with Net sales lower in the third quarter as compared to the other quarters during the year.

Read the The complete Report

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