Rent to Own Online
"All Rent to Own...All the Time"


| About RTO Online | RTO Tradeshow | Press
#1 Online Destination For the Rent to Own Industry
Trade portal for companies who rent to own furniture, electronics, appliances, custom wheels, jewelry and other home goods.
Rent to Own Online
Rent to Own Tradeshow
Who's Who in rent to own  
The Rent to Own industry's event photo album  
Video podcast interviews with Rent-to-Own industry professionals  
Audio podcast interviews with Rent-to-Own industry professionals  
Rent-to-Own Industry Federal Legislative Guide  
Rent to Own Industry Jobs and Resumes  
Search Rent to Own Online  
Subscribe to
RTO Magazine

E-mail Address :

Manage Subscriptions
RTO Magazine
United States Rent to Own Store Locator  
State Rent to Own Law  
Rent to Own Websites  
Rent to Own Industry Poll  
Editorials By Rent to Own Professionals  
Rent to Own Stocks  
Rent to Own Links  
Rent to Own Industry Events  
Rent to Own Online Archive  
Rent to Own Industry Training  
Advertise on the number one website for rent to own professionals  
Rent to Own Industry Blog  
Rent to Own Chat  
Rent to Own Industry Forum  
Rent to Own Industry Glossary  
National News  
Contact Rent to Own Online  

Site Statistics




Sealy Reports Strong Results; Foam Shortage Still Concern
RTO Online
Email this page to a friend


Your email address Worthless Helpful I have tears of joy Better than War and Peace

Add your Comments


Back to news

Related articles
most recent first

Simmons Bankrupt; Announces Restructuring
Serta, Sealy, Others Sued for Patent Infringement
Bedding Industry Conference Reports Strong Attendance Despite Economy
Handling Used Mattresses; ISPA to Maintain List of Used Mattress Recyclers
Association Taps Leo Burnett USA to Develop Marketing Campaign
Bedding Maker Tempur-Pedic U.S. Sales Off 13%; Lowers Outlook
Now Bedding; Sealy Reports Domestic Sales Off 16%
Association Calls For Stricter Enforcement of Used Mattress Laws
Simmons Commits $25 Million to Bedding Industry Marketing Campaign; Strings Attached
Sealy CEO Resigns; Board Taps Larry Rogers as Interim CEO
Simmons CEO Eitel to Chair Bedding Association
Mattress Research By Oklahoma State University Published
Bedding Association Reports Successful Summit
Sealy Reports Twenty Percent Increase In Bedding Shipments; Rising Raw Material Costs Hurt Profit
Sealy Brings In New Marketing Blood; Plans 2008 National Push to Demystify Mattress-Speak
Bedding Shipments Show Decades of Steady Growth Despite Economic Conditions; ISPA Wraps Mattress Industry Conference
Simmons Bedding CEO Named Chairman of Bedding Association
Sealy Net Drops 27% Despite Increased Sales
Simmons Company Sales Soar Despite Soft Retail Environment; New Flame Standards Drag Net
Updated Mattress Safety Hang Tag Campaign To Coincide With July Effective Date For New Flammability Standards
Sealy Net Sales Up Despite Lower Per Unit Prices; International Sales Improved 18.1%
Sealy Announces $100 million Stock Repurchase
Sealy Realigns North American Leadership Structure
Simmons Bedding Completes Acquisition of Simmons Canada; Announces CEO Pace Retirement
Sealy Net Sales Grow 6.4%; International Sales Grow 24.3%
Kingsdown Names Former Sealy Exec VP Marketing
Sealy Prices IPO; Trading Begins Today
Musician Aaron Neville Pays Surprise Visit To Sealy Headquarters; Shares Appreciation for Company's $1 million Donation for Katrina Relief
Sealy Announces Price Hurricane Induced Price Increases
Sealy To Ship Flame Resistant Line In November
Sealy Reports Strong Results; Foam Shortage Still Concern
Sealy Warns Of Production Interruptions Due To Hurricane Induced Foam Shortage
Sealy Donates $1 Million To Katrina Relief
Canadian Teachers Acquire Serta Mattress Company
Sealy Reports Revenue Up 12.4%
Sealy Reports Double Digit Sales Gain
Sealy Reports Record Revenue
Sealy Reports Record Quarter; Year To Date Still In Red
Simmons Bedding Company Net Sales Up 1.3%; Cautiously Optimistic About Remainder of '04
Sealy Reports Double Digit Sales Growth; Net Loss $82 Million
Serta Becomes First To Implement Fire Resistant Mattresses; New California Law First to Mandate Improved Mattress Safety
Serta Moves Into The Middle East
Sealy Announces 10.4% Sales Increase
Sealy Acquired By Kohlberg Kravis & Roberts For $1.5 Billion
Sealy Q2 Sales Down 10%; Net loss for quarter


...the recent hurricanes in the Gulf Coast caused extensive damage to petrochemical processing facilities which have resulted in a temporary foam shortage that is affecting North America furniture and mattress manufacturers
David J. McIlquham, Sealy's Chairman and Chief Executive Officer

Sealy, Inc. reported a 9.2% increase in year over year sales for the fiscal third quarter ending August 28, 2005.

For the quarter, Sealy reported net sales of $390.0 million, an increase of 9.2% from $357.3 million for the same period a year ago.

"We are pleased with our overall results," said David J. McIlquham, Sealy's Chairman and Chief Executive Officer. "These results were driven by continued strong consumer demand for our brands both domestically and internationally, improvements in the sales mix of our products, strong productivity improvements in our domestic plants, and our ongoing company wide cost reduction initiatives."

advertise here

Subsequent to the end of the third quarter Sealy announced that as a result of a shortage of TDI, the petrochemical used in the production of polyurethane foam, temporary disruptions in its manufacturing production schedules may occur. According to McIlquham "the recent hurricanes in the Gulf Coast caused extensive damage to petrochemical processing facilities which have resulted in a temporary foam shortage that is affecting North America furniture and mattress manufacturers." To address this, Sealy has been

- Working with suppliers, customers and its entire manufacturing system
to minimize the disruption to its business;

- Leveraging its extensive global business relationships to source foam
product from its partners; and

- Refocusing its North American operations to most effectively produce
orders for customers.

Sealy intends to continue to produce and ship all Sealy Posturepedic, Stearns & Foster, TrueForm and Reflexion brand orders on a normal order cycle. However, spot foam supply shortages in specific plants may disrupt daily or weekly production schedules for the near future.



RTO Online is the official channel for Rent-to-Own Industry News and the only independent source of news for the rent-to-own, rental-purchase, lease-purchase trade. RTO Online (Rent to Own Online) represents the choice of the entire RTO Industry for trusted information, as it happens.

Tell us what you think
Rate the article at the top of this page