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Tempur Sealy Reconnects With Mattress Firm, Expands Big Lots Agreement

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Tempur Sealy Reconnects With Mattress Firm, Expands Big Lots Agreement

Mattress maker Tempur Sealy International Inc (NYSE: TPX) announced Tuesday that it has entered into two new third-party retail relationships and is expanding an existing retailer relationship.

The company estimates $400 million in additional net sales from the new supply agreements: a reintroduction into 2,500 Mattress Firm stores and an expansion of an agreement with Big Lots, Inc. (NYSE: BIG). 

Tempur Sealy shares were trading down by 0.45% at $69.22 at the time of publication Tuesday. 

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