Select Comfort Sees Earnings Surge and Record Sales in First Quarter

Select Comfort Sees Earnings Surge and Record Sales in First Quarter

Airbed manufacturer and retailer Select Comfort Corp., maker of the Sleep Number brand, reported first-quarter net income of $24.5 million, an 89% increase compared with the first quarter of 2016. Earnings per diluted share increased 107% to $0.56. Net sales grew 12% to a record $394 million, including a 3% comparable store sales increase. The […]

Select Comfort Corp. First-Quarter Results Beat Analysts’ Expectations

Select Comfort Corp. First-Quarter Results Beat Analysts’ Expectations

NEWS RELEASE WRITTEN BY SELECT COMFORT AND PUBLISHED, UNEDITED, BY BEDTIMES Select Comfort Announces First Quarter 2017 Results Reported 12% net sales growth to a record $394 million and first quarter EPS of $0.56 Generated record operating free cash flow of $74 million and repurchased $50 million of the company’s common stock Increases full-year 2017 […]

Boyd Specialty Sleep Earns Airbed Patents

Boyd Specialty Sleep Earns Airbed Patents

St. Louis-based mattress producer Boyd Specialty Sleep has been awarded two patents by the U.S. Patent and Trademark Office for its hand controllers, displays and software for use with airbeds and air mattresses. The first of the new patents, No. US9501065, covers a hand controller for an air mattress that uses a series of colors […]

Select Comfort Unveils Sleep Number 360 Smart Bed

Select Comfort Unveils Sleep Number 360 Smart Bed

Airbed manufacturer and retailer Select Comfort Corp. has introduced the Sleep Number 360 smart bed powered by SleepIQ technology, calling the bed one of the most significant innovations in the company’s 30-year history. The smart bed from the Minneapolis-based company launched at the Consumer Electronics Show Jan. 9-12 in Las Vegas, where it won Best of […]

Select Comfort Launches Sleep Number 360 Smart Bed at CES

Select Comfort Launches Sleep Number 360 Smart Bed at CES

MATTRESS INDUSTRY NEWS RELEASE News release written by Select Comfort Corp. and published, unedited, by BedTimes SLEEP NUMBER INTRODUCES THE SLEEP NUMBER 360 SMART BED CES Innovation Awards Winner – ‘Best of Innovation’ Honoree in Home Appliances; ‘The Only Bed that Goes to Work When You Go to Sleep’ LAS VEGAS (CES) – Jan. 3, […]

Select Comfort Income Slips in Third Quarter

Select Comfort Corp., the Minneapolis-based manufacturer and retailer of the Sleep Number airbed brand, reported net sales of $368 million in the third quarter of 2016, reflecting a 1.6% decline compared with third-quarter 2015. Net income dipped 19.2% to $25.7 million, and yielded earnings per share of $0.56. EPS in the prior-year quarter were $0.62. […]

Select Comfort Corp. Sees Net Sales Rise 5% in 2015

Select Comfort Corp. Sees Net Sales Rise 5% in 2015

Airbed manufacturer and retailer Select Comfort Corp., maker of the Sleep Number Bed, reported 2015 net sales of $1.21 billion, an increase of 5%—or 7% when excluding the extra week included in the fourth quarter of 2014. Net income for full-year 2015 was $50.52 million, a 26% decline compared with the prior year. Operating income […]

Select Comfort gives scholarships

As a tie-in to its new SleepIQ Kids beds, Minneapolis-based mattress maker and retailer Select Comfort is giving away six college scholarships and six SleepIQ Kids beds—a total prize value of $134,000. “We believe better sleep is the ultimate school supply because well-rested kids are more confident and do better in school, sports and in […]

Boyd Specialty Sleep obtains airbed patent

Boyd Specialty Sleep obtains airbed patent

Mattress maker Boyd Specialty Sleep, with headquarters in St. Louis, has received a patent (U.S. Patent No. 8,656,539) for a new air mattress design. The proprietary design involves contiguous air chambers attached side by side and connected to another air chamber located in the bed’s perimeter. The company said it developed the design to minimize […]

Select Comfort adds Callen and Dirks to senior management team

Select Comfort Corp., manufacturer and retailer of the Sleep Number bed, has appointed David Callen as senior vice president and chief financial officer, and Patricia (Tricia) Dirks as senior vice president and chief human capital officer. Callen has responsibility for advancing the Minneapolis-based company’s financial growth plan and leading the finance team. Dirks will “continue […]