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Shares of Tempur-Pedic (TPX -20.1%) crater after a weak forecast for full-year earnings has...

  • Friday, April 20, 2012, 10:14 AM ET
    Shares of Tempur-Pedic (TPX -20.1%) crater after a weak forecast for full-year earnings has investors running for the hills. The company says that it expects to earn $3.80-$3.95 a share this year after analysts had EPS pegged at $3.97. Mattress Firm (MFRM -4.8%), Sealy (ZZ -1.9%), and Select Comfort (SCSS -6.7%) trade lower off the weak outlook for mattress sales provided by Tempur-Pedic.
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This news story has 3 comments:

  •  
    It is so much fun to watch bubbles burst.
    20 Apr 2012, 10:15 AM Reply Like
  •  
    Wow, now 19x earnings. Good entry point.
    20 Apr 2012, 04:37 PM Reply Like
  •  
    Picked up shares around noon for $65.13
    20 Apr 2012, 05:38 PM Reply Like
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