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Sealy's (ZZ -17.9%) nightmare Q4, in which the mattress maker showed weaker sales and margins,...
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Thursday, January 19, 2012, 3:57 PM ETSealy's (ZZ -17.9%) nightmare Q4, in which the mattress maker showed weaker sales and margins, prompts a stock downgrade and EPS reduction from Raymond James: "We simply can no longer justify a more optimistic rating given Sealy's deteriorating financial results, highly dilutive capital structure and the strategic uncertainties created by the pending CEO transition."
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This news story has 4 comments:
you buy a new mattress - buy one from someone with 10+ yrs
experience that considers their profession a career , not a job.
Or just run out and by the wrong Tempurpedic, Simmons Beautyrest,
Serta, etc.
the industry, spends lots of $$$ on adv. and has great success in getting dealers to sell the product. ZZ needs to aggressively promote,
aggressively develop new product ( word is that they are with the S&F
brand - new product roll out Spring 2012 ) and Sealy reps need to get into the retail stores to encourage sales personell not to disfavorably compare ZZ vs TPX. I sell both brands, neither is the best choice for every consumer.