Tempur Sealy Marks Opening Of 25th Tempur-Pedic Retail Location In 2018
The Company is now turning its attention to expansion plans for 2019 in order to reach even more consumers, targeting 60 to 80 Company-owned store locations by the end of 2019. As a part of this process, the Company is currently evaluating a number of markets and properties, and is in active negotiations with landlords of certain locations previously occupied by Mattress Firm, which recently filed for bankruptcy protection.
This press release may contain "forward-looking statements," within the meaning of the federal securities laws, which statements may include information concerning one or more of the Company's plans, objectives, goals, strategies, and other information that is not historical information. When used in this release, the words "estimates," "expects," "guidance," "anticipates," "projects," "plans," "target," "proposed," "intends," "believes," and variations of such words or similar expressions are intended to identify forward-looking statements. These forward-looking statements may include, without limitation, statements relating to the Company's expectations regarding its current Tempur-Pedic flagship locations and broader expansion plans, and the respective impacts those items might have on the Company's strategy and objectives, results of operation, liquidity or financial position. Any forward-looking statements contained herein are based upon current expectations and beliefs and various assumptions. There can be no assurance that the Company will realize these expectations or that these beliefs will prove correct. The Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made. Numerous factors, many of which are beyond the Company's control, could cause actual outcomes to differ materially from those expressed as forward-looking statements. These risk factors include risks associated with the Company's ability to successfully implement expansion plans for 2019.
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