LINWOOD, Pa. -- Foamex International Inc. recently
announced that the company expects to report a net loss for the third quarter ended
September 29, 2002, primarily as a result of previously disclosed price increases from its raw material suppliers,
combined with higher than expected SG&A expenses related to one-time fees.
The company expects to report EBITDA in the range of $7 to $9 million for the same period, excluding any restructuring charges or credits.