Wednesday, July 25, 2007

UPDATE 1-Select Comfort second-quarter earnings fall

(Reuters) - "Marketing and sales efforts of the company were not
performing to the expected levels," a company official said by
phone.




The Minneapolis, Minnesota-based company posted
second-quarter earnings of $2.9 million, or 6 cents a share,
compared with $10.7 million, or 19 cents a share, in the
year-ago quarter. Net sales fell 5 percent to $179 million.


Read more at Reuters.com Market News

No comments: