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Tempur Sealy Surges After U.S. Housing Market Helps Fuel Results

By Tony Seruga

Mattress company’s second-quarter earnings top estimates
U.S. housing starts reached a four-month high in June

Tempur Sealy International Inc. shares jumped the most in almost four years after the mattress company’s earnings topped estimates, helped by a rise in U.S. home construction.

Second-quarter profit rose to 92 cents a share, excluding some items, the Lexington, Kentucky-based company said on Thursday. That beat the 69 cents estimated by analysts, according to data compiled by Bloomberg…

Tempur Sealy Surges After U.S. Housing Market Helps Fuel Results

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