– Tempur Sealy, the world’s leading bedding provider, has reported a 10.6% decrease in first-quarter net income due to lower sales.
– The decline is largely attributed to supply chain disruptions caused by the ongoing COVID-19 pandemic.
– Despite the lowered income, Tempur Sealy’s CEO, Scott Thompson, remains optimistic about the company’s resilience and future growth.
– The company is investing in expanding its direct-to-consumer online business to offset retail losses.
– Tempur Sealy also plans to introduce new and innovative product lines throughout the year to drive sales.

Tempur Sealy Faces First-quarter Income Drop

Global Supply Chain Disruptions Affect Sales

Company Adjusts with Online Expansion and Product Innovations

Putting the firm numbers to rest, Tempur Sealy experienced a rather rocky start to the year with a 10.6% dip in Q1 income, largely credited to the pesky supply chain disruptions brought on by COVID-19. But worry not, Tempur fans! CEO Scott Thompson assures us that this comfy ship won’t be sunk by a single low tide. The bedding bigshot is boosting their online biz in an attempt to swaddle the retail rumbles. And as an enticing cherry on top, expect a rollout of tantalizing new product lines throughout the year – a surefire move to get everyone’s feather-down tails wagging! So, whether you’re tucked-in and cozy or still fluffing your pillows, one thing’s clear: Tempur Sealy isn’t ready to snooze. It seems their dreams are set on rebounding and soaring higher than ever!

originial article https://www.furnituretoday.com/?p=316728

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