Any Bounce Left in the Mattress Market?


Wake up, little Susie! Industry leader Sealy announced a 10% profit for the fiscal third quarter, although domestic sales did tumble 13 percent, and international sales slid 15 percent.

Chief Executive Lawrence Rogers said the company was boosted by the successful rollout of its new Stearns & Foster line and its initiatives to grow market share.

High-end beds have been a hot topic of late, as bedmakers have tried to buck the recession by appealing to higher-end audience with gadgets such as TVs and built-in fridges.