SOURCE: Wall Street Equity Research

Wall Street Equity Research

December 20, 2010 07:52 ET

Analyst Study on Leggett & Platt Incorporated and Tempur Pedic International Inc. -- Home Furnishers Get Holiday Reprieve

JOHANNESBURG, SOUTH AFRICA--(Marketwire - December 20, 2010) - www.wallstreetequityresearch.com brings investors market knowledge on the aspects moving the home furnishings & fixtures stocks, and offers complete analytical research on companies like Leggett & Platt Incorporated (NYSE: LEG) and Tempur Pedic International Inc. (NYSE: TPX). Register with www.wallstreetequityresearch.com today to gain full access to our complimentary research on these home furnishings & fixtures stocks.

Years of dismal housing data were devastating to revenues of home furnishers but early sales reports from this holiday season appear to reflect a turn around. Better-than-expected holiday sales are mostly helping to narrow the gap between the industry's top and underperforming companies. Luxury home furnishers such as Tempur Pedic International Inc. have weathered the down economy far better than midrange and discount retailers. Investors can access free research on Tempur Pedic International Inc. now by signing up at http://wallstreetequityresearch.com/December202010TempurPedicInternationalInc.(TPX)201210.php.

www.wallstreetequityresearch.com is a specialized website where investors can have specific access to complimentary reports on home furnishings & fixtures industry; traders looking for analysis on Leggett & Platt Incorporated, Tempur Pedic International Inc. and other players in the industry are welcomed to sign up for free at http://www.wallstreetequityresearch.com/.

Even cost-conscious and underperforming home furnishers seemed to think an aggressive holiday marketing campaign would be a good way to kick start revenue growth. Leading up to the holiday season, many companies upped the frequency of mailings, sales and advertising spending. Visit us at http://www.wallstreetequityresearch.com/ to understand the catalysts and forces driving or affecting companies in the home furnishings & fixtures industry.

Overall, the home furnishing industry is slowly improving and is currently benefitting from the strongest holiday sales seen in 3 years. The home furnishing retailer stocks index is currently up 5.2% in the last 30 days. The industry as a whole still needs stronger housing data and greater consumer spending to return to pre-recession revenues though.

Looking at financial results posted for the third quarter by some of the players in the industry, premium mattresses and pillows maker Tempur Pedic International posted a 32% growth in sales with net income coming in at $44.2 million. Conversely, Leggett & Platt Incorporated saw a decline in its earnings to $47.4 million whilst revenue grew to $866.5 million. Investors can register today at http://wallstreetequityresearch.com/December202010Leggett&PlattIncorporated(LEG)201210.php to download the full report on Leggett & Platt Incorporated.

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