Select Comfort Corp (SCSS) Misses Q1 EPS by 1c
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Select Comfort Corp (NASDAQ: SCSS) reported Q1 EPS of $0.31, $0.01 worse than the analyst estimate of $0.32. Revenue for the quarter came in at $276 million versus the consensus estimate of $274.27 million.
Financial Outlook
As previously communicated, the company expects full-year 2014 earnings per diluted share to approximate full-year 2013 adjusted earnings per diluted share of $1.07. This outlook assumes mid- to high-single-digit total revenue growth and the addition of 20 to 30 net new stores during the year.
The company currently anticipates that 2014 capital expenditures will be $70-$80 million, including investments in systems infrastructure; new, relocated and remodeled stores; and in support of product innovations.
For earnings history and earnings-related data on Select Comfort Corp (SCSS) click here.
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