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More on Tempur-Pedic's (TPX) Q3: The company continues to get hammered by pricing pressure in...

More on Tempur-Pedic's (TPX) Q3: The company continues to get hammered by pricing pressure in the sector, with sales in North America falling off 14% Y/Y for the period, only partially offset by a 3% gain in global sales. Gross profit margin slipped 320 bps to 49.2%. The outlook for 2012 sales is lowered to $1.4B and 2012 EPS is taken to $2.55. Shares -14.4% AH. (PR)
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