Sealy 2Q sales up 6.7%

TRINITY, N.C. Sealy Corp. today announced that net sales for the second quarter ended May 27 increased 6.7% to $401.8 million from $376.7 million for the comparable period a year earlier on unit volume growth of 19.3%. Domestic net sales increased $11.7 million or 4% to $303.2 million on a 7.9% increase in unit volume.

Second quarter gross profit increased 2.3% to $172.5 million versus $168.6 million for the comparable period a year earlier. Net income for the second quarter increased to $16.1 million, or 17 cents per fully diluted share, from $0.1 million, for the comparable period a year ago.