Mattresses

Tempur Sealy Loss Grows in Q2

Tempur+Sealy

LEXINGTON, Ky.-Tempur Sealy posted a second-quarter net loss of $2.2 million, compared to a second-quarter net loss of $1.6 million from last year. The loss occurred as the company continued to absorb integration costs of last year’s merger between Tempur-Pedic and Sealy. In addition, it reported a $20.4 million loss related to its disposal ofMore »

Last updated: July 25, 2014

Leggett & Platt Posts Q2 Loss of $23.9 Million

Leggett & Platt

CARTHAGE, Mo.-A one-time charge of $108 million put Leggett & Platt’s second-quarter bottom line in the red to the tune of $23.9 million. Last year, the company posted second-quarter net income of $71.3 million. The company recorded the pre-tax, non-cash impairment charge to write off all of the goodwill associated with its Store Fixtures group.More »

Last updated: July 25, 2014

Tempur Sealy Ups Hytinen to New Finance Post

Barry Hytinen

LEXINGTON, Ky.-Barry Hytinen has been promoted to executive vice president of corporate development and finance, a newly created position, at Tempur Sealy. In his new role, Hytinen is adding to his current responsibilities over corporate development and finance. He reports to Dale Williams, executive vice president and chief financial officer. Before this appointment, Hytinen hadMore »

Last updated: July 22, 2014

Protect-A-Bed Debuts REM-Fit Life YouTube Channel

Protect-A-Bed_REM-Fit Life

CHICAGO-Protect-A-Bed has unveiled a new video channel, called REM-Fit Life, on YouTube. The new channel features health and fitness tips from Kevin Houston, a Chicago-based CrossFit coach and personal trainer. It is designed to support Protect-A-Bed’s new bedding system, REM-Fit, which stands for “Rest, Energize, Motivate” and which is geared toward active individuals. A companyMore »

Last updated: July 22, 2014

Select Comfort Q2 Net Falls 14.6 Percent

Select Comfort

MINNEAPOLIS-Rising expenses trumped a significant sales gain to send Select Comfort’s second-quarter net income down 14.6 percent, to $8.5 million. Sales, marketing, general and administrative expenses jumped 12.5 percent in dollars in the quarter, which ended on June 28, although they did drop 33 basis points as a percentage of sales. Gross margin fell 270More »

Last updated: July 17, 2014

Tempur-Pedic Becomes PGA Tour Sponsor

TempurPedic

LEXINGTON, Ky.-The Tempur-Pedic division of Tempur Sealy has signed on as a sponsor of the PGA Tour in an agreement that will run through 2016. Under the terms of this agreement, Tempur-Pedic will receive designations as the PGA’s official mattress, bedding and pillow sponsor. A Tempur Sealy statement said this is the first national sportsMore »

Last updated: July 16, 2014

Latex International Plant Up and Running after Fire

LatexInternational

SHELTON, Conn.-The Latex International factory on River Road here, which had been shut down by fires two weeks ago, is back producing at full capacity, according to a company statement. The statement said Latex International has begun making latex cores and will begin manufacturing additional products by the end of this week. Manufacturing of rolledMore »

Last updated: July 16, 2014

King Koil Gains Licenses for Donny Osmond, Duck Dynasty Mattress Lines

KKDDMC_logo

WILLOWBROOK, Ill.-King Koil has signed agreements for licensed mattress collections with both Donny Osmond Home and the A&E Networks television series “Duck Dynasty.” The Duck Dynasty collection will be on display at this month’s Las Vegas Market, in King Koil’s showroom in building A, rooms 535 to 547, of the World Market Center. It willMore »

Last updated: July 11, 2014