Select Comfort 2nd-quarter affected by inventory shortage

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

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 to End Sales of Comfortaire to Retailers

Minneapolis-based Select Comfort Corp., the manufacturer and retailer of the Sleep Number brand, said in a March 28 statement that it is ending third-party retailing of Comfortaire products. Select Comfort acquired Comfortaire in January 2013 from Greenville, South Carolina-based Park Place Corp., in a deal that was valued at $15.5 million. Since the purchase, Comfortaire […]

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 […]

Sleep Number Receives J.D. Power Mattress Satisfaction Report Highest Marks

Sleep Number Receives J.D. Power Mattress Satisfaction Report Highest Marks

Minneapolis-based Select Comfort’s Sleep Number bed brand ranks highest in customer satisfaction for a second consecutive year, performing particularly well in warranty and features, according to the J.D. Power 2016 Mattress Satisfaction Report. The survey findings are based on responses from 2,622 consumers who purchased a mattress in the 12 months prior to October 2016. With […]

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 Offers Boxed Bed with SleepIQ

Minneapolis-based Select Comfort Corp., which manufactures and retails the Sleep Number airbed brand, has introduced the “it” bed, a compactly boxed bed that is delivered directly to consumers. Designed to optimize wellness, the “it” bed gives consumers access to Select Comfort’s proprietary SleepIQ technology at a more affordable price point. It’s a smart bed that […]

Select Comfort announces third-quarter 2016 results

MATTRESS INDUSTRY NEWS RELEASE Reported net sales of $368 million and EPS of $0.56 Reported record year-to-date operating cash flows of $145 million Updated 2016 EPS outlook to $1.15 to $1.25 per share MINNEAPOLIS–(BUSINESS WIRE)–Oct. 19, 2016– Select Comfort Corporation (NASDAQ: SCSS) today reported third quarter 2016 results for the period ended October 1, 2016. […]

Select Comfort ‘it’ bed launches

NEWS RELEASE VIA BUSINESS WIRE Smarter Sleep is Here – and “it” Changes Everything New “it bed” by Sleep Number delivers smart, adjustable sleep at a great value MINNEAPOLIS­­ (BUSINESS WIRE)­­ Sep. 15, 2016­­ — Sleep Number, the world’s leader in sleep innovation, today announced the launch of the it™  bed, a revolutionary new smart […]

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