| Address:
|
520 PIKE ST
|
| City: |
SEATTLE |
|
State: |
WA |
|
Zip Code: |
98101 |
| Telephone: |
206-625-1233 |
|
Description of Business
|
Primary SIC Code:
2510 |
| (As filed with the SEC)
|
|
|
Sealy Corporation (hereinafter referred to as the "Company", "Sealy", "we",
"our", or "us"), a Delaware corporation organized in 1984, owns one of the
largest bedding brands in the world (Sealy®). Based on Furniture/Today, a
furniture industry publication, we are a leading bedding manufacturer in the
United States with a wholesale market share of approximately 18.9% in 2010.
We manufacture and market a complete line of bedding products, including
mattresses and mattress foundations. Our conventional (innerspring) bedding
products are manufactured and marketed in the Americas under the Sealy, Sealy
Posturepedic, Stearns & Foster and Bassett brand names. In addition, we
manufacture and market specialty (non-innerspring) latex and visco-elastic
bedding products under the Embody, Stearns & Foster, and Carrington Chase brand
names, which we sell in the United States and internationally. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 11/2011 | -0.06 | NA | N/E | | 08/2011 | 0.11 | NA | 18.55 | | 05/2011 | 0.08 | NA | 32.75 | | 02/2011 | 0.10 | NA | 28.80 | | 11/2010 | 0.14 | NA | 21.57 | | 08/2010 | 0.10 | NA | 23.70 | | 05/2010 | 0.16 | NA | 20.31 | | 02/2010 | 0.08 | NA | 43.25 |
Key Financial Ratios and Statistics |
FYE:
11/27 |
| Profitability |
2011 |
Leverage |
2011 |
| Net Inc/Comm Equity | -0.01 | Total Liab/Total Assets | 1.09 | | Net Inc/Total Assets | -0.01 | Total Liab/Inv Cap | 1.31 | | Net Inc/Inv Cap | -0.01 | Total Liab/Comm Equity | 1.07 | | Pretax Inc/Net Sales | 0.00 | Interest Coverage Ratio | 0.94 | | Net Inc/Net Sales | -0.01 | Curr Debt/Equity | -0.02 | | Cash Flow/Net Sales | 0.03 | LTD/Equity | -9.81 | | SG&A/NetSales | 0.34 | Total Debt/Equity | -9.83 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 7.99 | Quick Ratio | 1.82 | | Inventory Turnover | 13.16 | Current Ratio | 2.19 | | Inventory Day Sales | 0.04 | Net Rec/Curr Assets | 0.43 | | Net Sales/Work Cap | 6.63 | Inv/Curr Assets | 0.17 | | Net Sales/PP&E | 7.38 | | |
Income Statement (Millions) |
| |
11/27/2011
|
8/28/2011
|
5/29/2011
|
2/27/2011
|
|
Total Revenues(Net Sales)
|
269.26
|
334.07
|
321.30
|
305.53
|
|
Cost of Goods Sold
|
171.14
|
197.07
|
196.22
|
187.03
|
|
Selling & Admin Exps
|
98.93
|
104.13
|
107.45
|
103.73
|
|
Operating Income
|
3.74
|
37.82
|
22.36
|
19.67
|
|
Interest Exp
|
22.43
|
21.94
|
21.67
|
21.71
|
|
Pretax Income
|
-18.54
|
15.99
|
-0.44
|
-1.93
|
|
Other Income
|
4.77
|
5.12
|
3.67
|
5.08
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
-15.21
|
6.60
|
-0.38
|
-0.90
|
|
Assets
|
11/27/2011
|
8/28/2011
|
5/29/2011
|
2/27/2011
|
|
Cash & Short Term Investments
|
107.98
|
85.93
|
79.29
|
102.39
|
|
Receivables - Total
|
147.84
|
193.32
|
171.93
|
175.12
|
|
Inventories - Total
|
57.00
|
58.49
|
61.44
|
57.22
|
|
Total Current Assets
|
342.10
|
363.13
|
343.10
|
357.62
|
|
Net Property, Plant & Equipment
|
166.75
|
169.48
|
169.02
|
168.61
|
|
Total Assets
|
919.19
|
947.85
|
932.65
|
949.10
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
134.01
|
167.13
|
164.32
|
177.54
|
|
Debt in Current Liabilities
|
1.58
|
1.25
|
2.07
|
2.16
|
|
Total Current Liabilities
|
156.50
|
168.38
|
166.39
|
179.69
|
|
Long-Term Debt
|
790.30
|
784.91
|
784.78
|
790.00
|
|
Total Liabilities
|
999.76
|
1,004.96
|
1,003.20
|
1,023.21
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
NA
|
NA
|
NA
|
NA
|
|
Preferred Stock
|
0.00
|
NA
|
NA
|
NA
|
|
Common Stock
|
1.01
|
1.01
|
0.98
|
0.98
|
|
Retained Earnings
|
-1,016.58
|
-1,001.37
|
-1,007.97
|
-1,007.59
|
|
Treasury Stock
|
NA
|
NA
|
NA
|
NA
|
|
Total Stockholders' Equity
|
-80.56
|
-57.10
|
-70.55
|
-74.11
|
|
Total Liabilities and Stockholders' Equity
|
919.19
|
947.85
|
932.65
|
949.10
|
Cash Flow Summary (Millions) |
|
Categories
|
11/27/2011
|
8/28/2011
|
5/29/2011
|
2/27/2011
|
|
Net Cash Provided by Operating Activities
|
26.89
|
14.51
|
-5.45
|
-2.20
|
|
Net Cash Provided by Investing Activities
|
-4.51
|
-4.45
|
-7.51
|
-5.70
|
|
Net Cash Provided by Financing Activities
|
0.02
|
-4.02
|
-10.90
|
0.07
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 11/2007 | 1,702.06 | 79.37 | 0.82 | | 11/2008 | 1,498.02 | -2.87 | -0.03 | | 11/2009 | 1,174.58 | 13.48 | 0.10 | | 11/2010 | 1,219.47 | -13.74 | 0.14 | | 11/2011 | 1,230.15 | -9.89 | -0.06 | | Growth Rates | -7.80 | -- | -- |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 84 | 95,717 | 94.85 |
|
Report Date :
2/6/2012
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