sector: Cyclical Consumer Goods & Services ·
industry: Home Furnishing ·
As of
25 Nov 2009
5.43USD
Select Comfort Corporation is engaged primarily in developing, manufacturing, marketing and distributing adjustable-firmness beds and other sleep-related accessory products. The air-chamber technology of the Company's Sleep Number bed allows adjustable firmness on each side of the mattress. In addition, Select Comfort markets and sells accessories and other sleep related products, which focus on providing personalized comfort to complement the Sleep Number bed and provide a better night’s sleep to the consumer. As of January 3, 2009, the Company operated 471 company-owned stores in the United States.
BRIEF: For the twenty six weeks ended 4 July 2009, Select Comfort Corporation's revenues fell 19% to $260.3M. Net loss decreased 52% to $6.7M. Revenues reflect a decrease in e-commerce & direct marketing sales and lower retail revenue. Net loss was offset by decreased asset impairment charges, lower sales & marketing expenses, decreased general & administrative expenses and a fall in research & development expense.
Select Comfort Corp
9800 59th Avenue North
Minneapolis MN 55442
P: +1763.5517000
F: +1763.5517123