Replies to post #114639 on ORIONS Money Stocks

[AugustaFriends]

Charts posted ! Thanks !

[AugustaFriends]

ZZ - * Q2 EPS from cont ops. $0.01 vs est $0.00

* Q2 net sales $321.3 mln vs est. $294.8 mln

* Shares up 8 percent after the bell (Follows alerts)

June 28 (Reuters) - Sealy Corp's second-quarter profit beat estimates by a penny as strong sales were partially offset by costs associated with the launch of the company's Posturepedic line of mattresses, sending its shares up 8 percent after the bell.

For the quarter ended May 29, the company reported net income from continuing operations of $0.8 million, or 1 cent a share, compared with $3.7 million, or $0.03, last year.

Analysts were expecting the company to break-even on a per-share basis in the second quarter, according to Thomson Reuters I/B/E/S.

Net sales at the Trinity, North Carolina-based company rose 11 percent to $321.3 million, sailing past expectations of $294.8 million.

The company benefited from strong sales of its Next Generation Posturepedic line, which had been distributed to the majority of Sealy's customers by the end of the quarter.

Shares of the company were up 8 percent at $2.70 in extended trade. They closed at $2.50 on Tuesday on the New York Stock Exchange. (Reporting by Abhishek Takle in Bangalore; Editing by Prem Udayabhanu)

[AugustaFriends]

Sealy Corp. (ZZ) Charts-- shares are trading at $1.50. Sealy is a maker of mattresses, and is based in North Carolina. These shares have traded in a range between $1.09 to $3.11 in the last 52 weeks. The 50-day moving average is $1.52 and the 200-day moving average is $2.43. Earnings estimates for Sealy are for a profit of 10 cents per share in 2011 and 14 cents for 2012. This stock recently dropped to a new 52 week low, and has rebounded. It could re-test that low soon and that might be the best time to buy. A director recently bought over 10,000 shares.

ZZ Charts