TITLE

Foamex sales tumble 19.4% but supplier turns a profit

AUTHOR(S)
Thomas, Larry
PUB. DATE
December 2008
SOURCE
Furniture/Today;12/8/2008, Vol. 33 Issue 14, p31
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the third quarter sales of the polyurethane foam supplier for furniture and bedding Foamex International Inc. fell to 19.4% but turned a profit of $2.38 million. It states that the company's sales were weak in all of its business segments and sales of foam products tumbled 8%. President and chief executive officer Jack Johnson says that to solve the problem, they are investing on innovative technologies, developing new products, and looking for new market opportunities.
ACCESSION #
35650932

 

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