<?xml version="1.0"?>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="5555" NEWID="12">
 <DATE>26-FEB-1987 15:19:15.45</DATE>
 <TOPICS>
  <D>earn</D>
  <D>acq</D>
 </TOPICS>
 <PLACES>
  <D>usa</D>
 </PLACES>
 <PEOPLE/>
 <ORGS/>
 <EXCHANGES/>
 <COMPANIES/>
 <UNKNOWN>F
   f0773 reute
u f BC-OHIO-MATTRESS-&lt;OMT&gt;-M   02-26 0095</UNKNOWN>
 <TEXT>
  <TITLE>OHIO MATTRESS &lt;OMT&gt; MAY HAVE LOWER 1ST QTR NET</TITLE>
  <DATELINE>CLEVELAND, Feb 26 -</DATELINE>
  <BODY>Ohio Mattress Co said its first
quarter, ending February 28, profits may be below the 2.4 mln
dlrs, or 15 cts a share, earned in the first quarter of fiscal
1986.
    The company said any decline would be due to expenses
related to the acquisitions in the middle of the current
quarter of seven licensees of Sealy Inc, as well as 82 pct of
the outstanding capital stock of Sealy.
    Because of these acquisitions, it said, first quarter sales
will be substantially higher than last year&apos;s 67.1 mln dlrs.
    Noting that it typically reports first quarter results in
late march, said the report is likely to be issued in early
April this year.
    It said the delay is due to administrative considerations,
including conducting appraisals, in connection with the
acquisitions.
 Reuter</BODY>
 </TEXT>
</REUTERS>
