More on Sealy (ZZ): Q4 misses the mark badly as losses widened on weaker sales and margins. The...

|By:, SA News Editor

More on Sealy (ZZ): Q4 misses the mark badly as losses widened on weaker sales and margins. The company had seen sales improve over recent quarters due to investments in its product line and a new advertising campaign, but warned in September that a weak consumer environment and raw material inflation was significantly hampering gross margin expansion in the second half. Shares -13.6% AH.