Select Comfort Corp (SCSS) Misses Q2 EPS by 7c, Reiterates FY Outlook

Select Comfort Corp (NASDAQ: SCSS) reported Q2 EPS of ($0.02), $0.07 worse than the analyst estimate of $0.05. Revenue for the quarter came in at $285 million versus the consensus estimate of $300.2 million.

The company reiterates its outlook for 2017 earnings per diluted share of $1.25 to $1.50. The outlook continues to include an estimated $0.15 to $0.22 EPS impact from incremental costs related to the launch of the Sleep Number 360™ smart bed line and the evolution of our supply chain. The outlook assumes high single-digit sales growth, including 4 to 6 percentage points from net new store openings and low single-digit comp store growth. The company anticipates 2017 capital expenditures to be approximately $55 million.

For earnings history and earnings-related data on Select Comfort Corp (SCSS) click here.

You May Also Be Interested In

• Star Equity Holdings (STRR) Misses Q2 EPS by 8c
• DeFi Technologies Inc. (DEFT) Reports Q2 Loss of $0.04
• Neumora Therapeutics, Inc. (NMRA) Tops Q2 EPS by 4c