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 (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%.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.
X
Wait! Don't leave yet.
Want to receive our latest research absolutely free?
⤹
Click the button below for your complimentary copy of Your Early Retirement Portfolio: Dividends Up to 8.7%—Every Month—Forever.
You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 8.7%.