SOURCE: StockCall


January 21, 2011 08:33 ET

Research on Tempur Pedic International Inc. and Leggett & Platt Incorporated - Home Furnishings and Fixtures Sector Waiting for Rebound in Consumer Spending

JOHANNESBURG, SOUTH AFRICA--(Marketwire - January 21, 2011) - offers investors comprehensive research on the home furnishings & fixtures industry and has completed analytical research on Tempur Pedic International Inc. (NYSE: TPX) and Leggett & Platt Incorporated (NYSE: LEG). Register with us today at to have free access to these researches. 

The weak economy and stiff intra-sector competition has hurt the Home Furnishings and Fixtures sector during the recession. High levels of unemployment have depressed consumer spending on big ticket home furnishings, cutting into revenues for companies within the sector. Additionally, less demand has increased competition between major players like Select Comfort and Tempur Pedic International Inc., ultimately creating a buyer's market and putting a dent in pricing power. While some companies, Tempur Pedic for instance, have managed to stay afloat and grow their earnings throughout the recession, the entire sector is eagerly awaiting a strong recovery that will inspire consumers to once again start upgrading their home furnishings. Investors can register for free to access the research report on Tempur Pedic International Inc. at 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 Tempur Pedic International Inc. and Leggett & Platt Incorporated; investors and shareholders of these companies can simply register for a complimentary membership at

Furniture parts suppliers have also been hurt by the recession, but not as drastically as some of the other more retail based names. Leggett & Platt Incorporated has seen its diversified revenue stream mitigate some of the recession's damaging effect, and managed to only fall 4.67% during the past five years. This is in sharp comparison to some of the other companies in the sector that have seen their values plummet as much as 80%. Investors can register for free to access the research report on Leggett & Platt Incorporated at

One new target for the sector is the growing market for adjustable or "lifestyle" beds. Typically more expensive, companies within the sector are hoping different marketing angles will help show the product's ergonomic value to consumers. Tempur Pedic has reported that unit sales jumped around 40% during its recent quarter ending Sept. 30th. There is some concern, however, that new higher credit rates could dissuade consumers from upgrading their beds. Visit to see how companies in this industry have grown over the past years and how they are expected to perform in the future.

On the earnings schedule for the industry, Tempur Pedic posted its 4th quarter results yesterday with net income of $46.3 million making this the ninth successive earnings beat. Revenue was up 20% to $292.3 million. In a couple of weeks, on February 02nd Leggett & Platt will be releasing its financial readings. Register now at to have free access to our reports on the home furnishings & fixtures industry.

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