2024-02-16 09:27:15 ET
Summary
- TPX's company-specific initiatives are expected to drive revenue and margin performance in the coming quarters.
- The industry volume appears to be turning, and TPX's growth initiatives and increased advertising spend should support strong growth in FY24.
- Margin expansion is anticipated in FY24 due to stable costs, high incremental margins from new distribution wins, and increased volume.
Summary
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Tempur Sealy International: Confident On Growth Recovery And Margin Expansion