Sealy Corporation (ZZ) posted net sales of $312.3 million, a 2.2% increase compared to the first quarter of fiscal 2011. Net income was $1.6 million or $0.01 per diluted share, compared to $0.1 million or $0.00 per diluted share in the prior year quarter.
On the news, shares of Sealy are trading sharply higher this morning.
JoS. A. Bank Clothiers (NASDAQ:JOSB) announced earnings per share for fiscal year 2011 of $3.49 as compared with EPS of $3.08 for fiscal year 2010.
Net sales were $979.9 million in fiscal year 2011, versus net sales of $858.1 million in fiscal year 2010.
So far today, shares of JoS. A. Bank Clothiers are down about 6.5%.
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