Select Comfort 2nd-quarter affected by inventory shortage

Minneapolis-based airbed manufacturer and retailer Select Comfort Corp., maker of the Sleep Number brand, reported net sales of $285 million in its second fiscal quarter, a 3% increase compared with the second quarter of 2016. The company said that sales in the second quarter, which ended July 1, were impacted by a temporary inventory shortage […]

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 […]