Wednesday, Sealy Corp. (ZZ) reported fourth-quarter net income of $2.57 million or $0.02 per share, compared to a loss of $41.42 million or $0.45 per share in the same quarter last year.
On average, eight analysts polled by Thomson Reuters expected the company to earn $0.01 per share for the quarter. Analysts' estimates typically exclude special items.
Net sales for the quarter were $332.1 million, up 1.9% from $325.76 million in the comparable quarter last year. Analysts expected the company to report revenue of $309.41 million for the quarter.
For comments and feedback: editorial@rttnews.com