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Tempur Pedic International Inc. (NYSE:TPX) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Net income decreased -58.27% to $23.5 million (60 cents per diluted share) in the quarter versus a net gain of $56.32 million in the year-earlier quarter. Revenue decreased 7.01% to $341.1 million from the year-earlier quarter.
empur Pedic International Inc. reported adjusted net income of 60 cents per share. By that measure, the company beat the mean analyst estimate of $0.55. It beat the average revenue estimate of $339.04 million.