Tempur Sealy International, Inc. (NYSE:TPX) Q2 2023 Earnings Conference Call August 3, 2023 8:00 AM ET

Company Participants

Aubrey Moore - VP, IR

Scott Thompson - Chairman, CEO & President

Bhaskar Rao - EVP & CFO

Conference Call Participants

Robert Griffin - Raymond James & Associates

Susan Maklari - Goldman Sachs Group

Keith Hughes - Truist Securities

Atul Maheswari - UBS

Seth Basham - Wedbush Securities

Carla Casella - JPMorgan Chase & Co.

Steven McDermott - Bank of America Merrill Lynch

William Reuter - Bank of America Merrill Lynch

Peter Keith - Piper Sandler & Co.

Laura Champine - Loop Capital Markets

Bradley Thomas - KeyBanc Capital Markets

Operator

Good morning and thank you for standing by. Welcome to the Tempur Sealy Second Quarter 2023 Earnings Conference Call. [Operator Instructions].

I would now like to hand the conference over to your speaker today, Aubrey Moore, investor relations. Please go ahead.

Aubrey Moore

Thank you, operator. Good morning, everyone, and thank you for participating in today's call.

Joining me today are Scott Thompson, Chairman, President and CEO; and Bhaskar Rao, Executive Vice President and Chief Financial Officer. After prepared remarks, we will open the call for Q&A.

This call includes forward-looking statements that are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve uncertainties, and actual results may differ materially due to a variety of factors that could adversely affect the company's business. These factors are discussed in the company's SEC filings, including its annual reports on Form 10-K and quarterly reports on Form 10-Q, under the heading Special Note Regarding Forward-looking Statements and Risk Factors.

Any forward-looking statement speaks only as of the date on which it is made. The company undertakes no obligation to update any forward-looking statements. This morning's commentary will also include non-GAAP financial information. Reconciliations of this non-GAAP financial information can be found in the accompanying press release, which has been posted on the company's investor website at investor.tempursealy.com and filed with the SEC. Our comments will supplement the detailed information provided in the press release.

And now with that introduction, it is my pleasure to turn the call over to Scott.

Scott Thompson

Thank you, Aubrey. Good morning, everyone, and thank you for joining us on our 2023 Second Quarter Earnings Call.

I'll start by sharing some highlights from our second quarter performance and then Bhaskar will review our worldwide financial performance in more detail. After that, I'll share some closing comments before we open the call up for Q&A.