Sealy reports 3Q loss

TRINITY, N.C. Sealy announced that net sales for the third fiscal quarter were $346.2 million, a decrease of 1% compared with the same prior year period. The net loss for the third quarter was $15.8 million or 16 cents per diluted share.

"While our third quarter results reflect the inconsistent industry demand and on-going pressures in the overall macroeconomic and retail environment, we remain focused on actions within our control to drive our future performance," stated Larry Rogers, Sealy's president and CEO.

Sealy reports 3Q loss

TRINITY, N.C. Sealy announced that net sales for the third fiscal quarter were $346.2 million, a decrease of 1% compared with the same prior year period. The net loss for the third quarter was $15.8 million or 16 cents per diluted share.

"While our third quarter results reflect the inconsistent industry demand and on-going pressures in the overall macroeconomic and retail environment, we remain focused on actions within our control to drive our future performance," stated Larry Rogers, Sealy's president and CEO.

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