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	<title>Stock Blog Hub &#187; ZZ</title>
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		<title>(ZZ) Sealy Corporation Reports Quarterly Profit</title>
		<link>http://www.stockbloghub.com/2010/01/14/zz-sealy-corporation-reports-quarterly-profit/24961</link>
		<comments>http://www.stockbloghub.com/2010/01/14/zz-sealy-corporation-reports-quarterly-profit/24961#comments</comments>
		<pubDate>Thu, 14 Jan 2010 22:51:45 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[Home Furnishings & Fixtures]]></category>
		<category><![CDATA[Sealy Corporation]]></category>
		<category><![CDATA[ZZ]]></category>

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		<description><![CDATA[Sealy Corp. (ZZ), the largest global manufacturer of bedding products, has reported strong fiscal 2009 fourth quarter results with earnings of 2 cents per share compared to a loss of 45 cents in the year-earlier quarter. The earnings also exceeded the Zacks Consensus Estimate by a penny. The better-than-expected results were primarily driven by robust sales, particularly in the U.S., and reduced operating costs through continued improvements in manufacturing efficiencies, partially offset by unfavorable pricing trends. During the quarter, total U.S. net sales increased 6.1% year-over-year to $233.0 million, while wholesale domestic net sales (which exclude third-party sales from Sealy&#8217;s component plants) increased 7.3% to $227.7 million. New product introductions such as the Stearns &#38; Foster line helped Sealy to offset a weak retail environment and drive profitable market share ]]></description>
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