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Sealy Mattress Corporation
announced today it expects revenues for the second fiscal
quarter to be $355.9 million, an increase of 12.4% from the same
period a year ago. In addition, the company expects gross profit
to be $157.1 million, an increase of 15.0% from the same period
a year ago, net income is expected to be $7.7 million, and
earnings before interest, taxes, depreciation, and amortization
(EBITDA), and adjusted EBITDA are expected to be $49.3 million
and $56.0 million, respectively. Finally, our debt, net of cash,
is expected to be $927.1 million as of the end of the second
fiscal quarter 2005.
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