Sealy (ZZ) Tops Q2 View By 2c
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Sealy Corp. (NYSE: ZZ) reports Q2 EPS of $0.07, ex-items, versus the analyst estimate of $0.05. Revenue for the quarter was $298.5 million, versus the consensus of $298.14 million.
"During the second quarter, we were able to strengthen our competitive position, execute consistently on our strategic initiatives, and substantially improve our operating performance compared to the first quarter of fiscal 2009, despite the continuation of challenging global macro-economic conditions and a difficult retail environment," stated Larry Rogers, Sealy's President and Chief Executive Officer.
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