Sealy Narrows 4Q Loss as Mattress Sales Grow

January 22, 2013  by in UnCategorized   

By Aggregated Content in Bedding on January 23, 2013 from http://www.cnbc.com/id/100402504

Sealy Corp. narrowed its fiscal fourth-quarter loss as mattresses sales improved from last year and beat market expectations.

The company, based in Trinity, N.C., is one of the largest bedding brands in the world, with mattress lines such as Sealy Posturepedic and Stearns & Foster. It has been dealing with intense competition in the industry as mattress makers increased their marketing and promotions to help lure cost-conscious consumers into making big purchases.

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