SOURCE: StockCall

StockCall

October 20, 2010 09:33 ET

Equity Research on Leggett & Platt Incorporated and Tempur Pedic International Inc. -- High-End Home Furnishers Flourishing

JOHANNESBURG, SOUTH AFRICA--(Marketwire - October 20, 2010) -  www.stockcall.com/ offers investors comprehensive research on the home furnishings & fixtures industry and has completed analytical research on Leggett & Platt Incorporated (NYSE: LEG) and Tempur Pedic International Inc. (NYSE: TPX). Register with us today at www.stockcall.com/ to have free access to these researches. 

Many high-end home furnishing companies are reporting strong profits lately despite an overall bleak retail scene. Store traffic statistics and home purchases still aren't close to pre-recession levels but luxury home furnishers are seeing widening profit margins. Register now at https://stockcall.com/development/stockcall/page.php?name=register.html to have free access to our reports on the home furnishings & fixtures industry.

www.stockcall.com/ is an online platform where investors doing their due-diligence on the home furnishings & fixtures industry can have easy and free access to our analyst research and opinions on Leggett & Platt Incorporated and Tempur Pedic International Inc.; investors and shareholders of these companies can simply register for a complimentary membership at https://stockcall.com/development/stockcall/page.php?name=register.html

The success of high-end home furnishers lately appears to stem from a shift towards more expensive product lines rather than a broader range of products. This shift has partially been caused by reduced store traffic and a middleclass preference for discounted goods. Since strong store traffic statistics often correlate well with overall sales volume, furnishing companies are trying to squeeze more profit out of each sale. A wider range of prices often requires stronger sales volumes to sustain profits. Visit www.stockcall.com/ to see how companies in this industry have grown over the past years and how they are expected to perform in the future.

It's very similar to the success seen by discount retailers who lower prices and rely heavily on volume sales. High-end furnishers also appear to be capitalizing on the mid-range retailers who have been hit hard by a middle class consumer's preference for discounted goods.

It is not certain how long the success of high-end furnishers will last but sales are expected to remain strong through the holiday season.

On the earnings agenda whilst Leggett & Platt Incorporated is set to announce its results on Friday October 22nd, Tempur Pedic International Inc. posted its earnings yesterday which came ahead of Wall Street estimates. Tempur Pedic saw profits per share at $0.62. This new upbeat result makes it the eight successive earnings the company delivered ahead of analyst forecasts. Leggett & Platt Incorporated and Tempur Pedic International Inc. research reports are accessible for free by registering today at www.stockcall.com/LEG201010.pdf or www.stockcall.com/TPX201010.pdf.

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