Tempur Sealy's Hurricane Recovery Commitment Increased To Approximately $2.5 Million In Contributions

Tempur-Pedic, Cocoon by Sealy, Sealy and Stearns & Foster Donate Beds to Assist with Hurricane Recovery

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Sep 13, 2017, 16:46 ET

LEXINGTON, Ky., Sept. 13, 2017 /PRNewswire/ -- Tempur Sealy International, Inc. announced today an additional commitment of $1.5 million in bed donations and contributions to support recovery efforts in Florida and Texas, in the wake of Hurricanes Harvey and Irma. The latest commitment brings the company's total planned hurricane-related contributions to approximately $2.5 million.

Tempur Sealy has committed a total of approximately $2.5 million in bed donations and contributions to assist victims of Hurricanes Harvey and Irma, in partnership with Good360. Beds from all the Tempur Sealy brands, including Cocoon by Sealy, will be donated over the next year during the rebuilding process.

Tempur Sealy's commitment will provide mattresses to assist victims in Texas and Florida in the rebuilding process after the devastation caused by the hurricanes. Tempur Sealy will work primarily with its long-time disaster recovery partner, Good360, which coordinates directly with local recovery agencies to meet the needs of families impacted by disasters.

Because of the large scope of need following back-to-back hurricanes, Tempur Sealy will be donating beds from its entire family of brands, including Cocoon by Sealy, Tempur-Pedic, Sealy and Stearns & Foster.

In addition to committing more than $2 million worth of beds for hurricane victims, the company has also earmarked up to an additional $400,000 to establish a support fund for retailer-directed charitable contributions.

"It's been hard to watch the devastation caused in Florida by Hurricane Irma on the heels of the damage in Texas caused by Hurricane Harvey," said Scott Thompson, Tempur Sealy Chairman and CEO. "But just as we witnessed in Texas, it has been inspiring to see the citizens of Florida pull together to help neighbors, friends and even strangers. As they begin to rebuild their lives, we want them to know that we and our retail partners will be there to help."

Thompson noted that the company has already delivered four trailer loads of mattresses to assist Houston-area shelters and charities, with more to come. The donations have been coordinated through Good360 and the Society of St. Vincent De Paul, two of the company's longtime partners for charitable giving.

Tempur Sealy and Good360 have been engaged in past disaster recovery efforts in Louisiana, North Carolina, South Carolina, West Virginia and other areas. The partnership has helped thousands of families begin to rebuild their lives following natural disasters.

Since 2011, Tempur Sealy has donated more than 150,000 beds to charity, with a focus on disaster relief, family and children's charities, first responders and military organizations.

About Tempur Sealy International, Inc.

Tempur Sealy International, Inc. (NYSE: TPX) develops, manufactures, and markets mattresses, foundations, pillows and other products. The Company's products are sold worldwide through third party retailers, its own stores, and online. The Company's brand portfolio includes many highly recognized brands in the industry, including Tempur®, Tempur-Pedic®, Sealy® featuring Posturepedic® Technology, Cocoon by Sealy and Stearns & Foster®. World headquarters for Tempur Sealy International is in Lexington, KY. For more information, visit http://www.tempursealy.com or call 800-805-3635.

SOURCE Tempur Sealy International, Inc.