Shorts Cheer as Select Comfort (SCSS) Misses Q4 Views, Issues Light Guidance
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On the other side of the Tempur-Pedic (NYSE: TPX) trade, Select Comfort Corp (Nasdaq: SCSS) is having a rough after-hours session. The company reported Q4 EPS of 22 cents and revs of $220.6 million, versus views calling for EPS of 32 cents and revs of $230.0 million.
FY13 EPS guidance was $1.65 to $1.80, versus estimates of $1.90.
Like Tempur-Pedic, short interest is high at 4.86 million shares, or 9 percent of total outstanding shares.
The stock is down about 16 percent.
FY13 EPS guidance was $1.65 to $1.80, versus estimates of $1.90.
Like Tempur-Pedic, short interest is high at 4.86 million shares, or 9 percent of total outstanding shares.
The stock is down about 16 percent.
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