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UPDATE 2-Tempur Sealy slashes forecast on weak North America sales

2013-07-26 01:09:00| Furniture - Topix.net

Mattress maker Tempur Sealy International Inc slashed its full-year profit forecast as it continued to battle weak sales at its high-end Tempur brand in North America, while the acquisition of the mass-market Sealy brand dragged down second-quarter gross margins.

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