"Finally, during the quarter they were pleased to receive the prestigious Ease-of-Use Commendation from the Arthritis Foundation for their adjustable base and three mattresses - the Tempur-Pedic Classic Swedish Mattress, the Tempur-Pedic Deluxe Swedish Mattress and 'The CelebrityBed by Tempur- Pedic. They are very gratified that their mattresses are the first to be recognized by the Arthritis Foundation, whose Ease-of-Use program identifies products that improve the quality of life for the many people suffering from arthritis. The commendation is additional evidence of the comfort and support our proprietary TEMPUR material provides."
2005 Guidance
The Company is confirming the full-year guidance it previously provided for 2005. The Company currently expects net sales for 2005 to range from $880 million -- $890 million and pro forma diluted net income to range from $1.10 - $1.13. It expects GAAP diluted earnings per share to range from $1.08 - $1.11.
The Company notes that its expectations are based on information available at the time of this release, and are subject to changing conditions, many of which are outside the Company's control.
Lexington, Kentucky based Tempur-Pedic International Inc is a leading producer and distributor of Swedish Mattresses and Neck Pillows made from its proprietary TEMPUR pressure-relieving material: a viscoelastic material that conforms to the body to provide support and help alleviate pressure points. Products are currently sold in 60 countries under the TEMPUR and Tempur-Pedic brand names. World headquarters for Tempur-Pedic International Inc are in Lexington, Kentucky.
Tempur-Pedic International Inc