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Sealy reports 3Q loss

TRINITY, N.C. Sealy announced that net sales for the third fiscal quarter were $346.2 million, a decrease of 1% compared with the same prior year period. The net loss for the third quarter was $15.8 million or 16 cents per diluted share.

"While our third quarter results reflect the inconsistent industry demand and on-going pressures in the overall macroeconomic and retail environment, we remain focused on actions within our control to drive our future performance," stated Larry Rogers, Sealy's president and CEO.