Mattress maker Sealy (ZZ) wasn't one of my favorite stocks last year. I wasn't too bullish on the company back in the summertime. Of course, the stock rallies after I render my bearish opinion. Always happens, right? It's okay. I felt the risk at the time wasn't worth it. I did allow, however, the opportunity for checking in on the fundamentals at a later date.

Well, we are now at a later date, so let's check out the Q4 numbers, which were released to Wall Street on Wednesday after the bell. Overall sales increased a little less than 2%. Domestic revenues were better than international revenues (and, no, the latter wasn't helped out even with the elimination of currency effects).

Continue reading Sealy Delivers Better Sales and Profits in Q4

Sealy Delivers Better Sales and Profits in Q4 originally appeared on BloggingStocks on Thu, 14 Jan 2010 08:40:00 EST. Please see our terms for use of feeds.

Sealy (NYSE: ZZ) is another one of those cheap stocks that's up big from lows achieved earlier in the year. When I say cheap, I don't mean value. I'm talking about a low-priced equity. The kind of equity that is priced below $5 per share. In the case of Sealy, its shares could be had, as of the close of trading on Tuesday, for $1.96.

But wait, you could have gotten it even cheaper in the after-hours session, because shares of the bedding manufacturer traded down to $1.82 on its Q2 report. I have to agree with the market. Although there were some positive elements contained in the release, overall, I wasn't impressed enough by the numbers to become a buyer.

Continue reading Sealy's Q2 was not exciting enough for me

Sealy's Q2 was not exciting enough for me originally appeared on BloggingStocks on Wed, 01 Jul 2009 09:30:00 EST. Please see our terms for use of feeds.