Tempur sealy international sees q3 sales up more than 30%

Sees q3 sales up more than 30 percent.tempur sealy - repays 364-day term loan, eliminates certain capital restrictions.tempur sealy - board of directors approved early termination of shareholder rights plan.tempur sealy - announced new leadership structure for north america.tempur sealy - now estimates total q3 net sales to grow more than 30% compared to prior year..tempur sealy - change in expectation was primarily driven by improving order trends on u.s. tempur-pedic products.tempur sealy - continues to experience capacity constraints for u.s. sealy products, including supply chain limitations outside company's control.tempur sealy - working closely with suppliers to find solutions for component shortfalls to support elevated u.s. sealy demand..tempur sealy - rights plan to now expire at close of business on september 14, 2020.tempur sealy - cliff buster will be promoted to ceo of tempur sealy north america effective january 1, 2021.
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