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Form 8-K SELECT COMFORT CORP For: Mar 23

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March 23, 2016 4:07 PM EDT






UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K
CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934


Date of Report (Date of earliest event reported): March 23, 2016

SELECT COMFORT CORPORATION
(Exact name of registrant as specified in its charter)
Minnesota
(State or other jurisdiction of incorporation or organization)
0-25121
41-1597886
(Commission File No.)
(IRS Employer Identification No.)

9800 59th Avenue North, Minneapolis, MN 55442
(Address of principal executive offices) (Zip Code)


(763) 551-7000
(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))






ITEM 7.01. REGULATION FD DISCLOSURE
On March 23, 2016, Select Comfort Corporation provided an update on the implementation of its vertically integrated enterprise resource planning (“ERP”) platform. The company also announced the details for accessing its first quarter 2016 earnings conference call, scheduled for April 28, 2016 at 5:00pm Eastern Time. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS
(c)    Exhibits.
Exhibit 99.1        Press Release dated March 23, 2016


SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
SELECT COMFORT CORPORATION
 
(Registrant)
 
 
Dated: March 23, 2016
By: /s/ Mark A. Kimball
 
Name: Mark A. Kimball
 
Title: Senior Vice President


INDEX TO EXHIBITS

The exhibit listed in this index is being furnished pursuant to Item 9.01 of Form 8-K and shall not be deemed “filed” for purposes of the Securities Exchange Act of 1934, as amended, or incorporated by reference into any document filed under the Securities Act of 1933, as amended, or under the Securities Exchange Act of 1934, as amended, except as otherwise expressly stated in any such filing.

Exhibit No.    Description of Exhibit
99.1        Press Release dated March 23 , 2016





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FOR IMMEDIATE RELEASE                        EXHIBIT 99.1


SELECT COMFORT PROVIDES UPDATE ON ERP SYSTEM IMPLEMENTATION

Announces First Quarter Results will be Released April 28

MINNEAPOLIS - (March 23, 2016) - Select Comfort Corporation (NASDAQ: SCSS) today provided an update on the implementation of its vertically integrated enterprise resource planning (“ERP”) platform.

"We have continued to meet our weekly milestones with our ERP system implementation and returned to normal home delivery lead times this week as planned," said Shelly Ibach, president and chief executive officer of Select Comfort. "We will provide a complete progress update on our first quarter call next month.”

First Quarter 2016 earnings
Management will host its regularly scheduled conference call to discuss the company’s results for the first quarter ending April 2, 2016 at 5 p.m. EST (4 p.m. CST; 2 p.m. PST) on April 28. To listen to the call, please dial (800) 593-9959 (international participants dial 517-308-9340) and reference the passcode “Sleep.” To access the webcast, please visit the investor relations area of the Sleep Number website. The webcast replay will remain available in the investor relations area of the company’s website for approximately 60 days.

About Select Comfort Corporation
Nearly 30 years ago, Sleep Number transformed the mattress industry with the idea that ‘one size does not fit all’ when it comes to sleep. Today, the company is the leader in sleep innovation and ranked “Highest in Customer Satisfaction with Mattresses” in 2015 by J.D. Power. As the pioneer in biometric sleep monitoring and adjustability, Sleep Number is proving the connection between quality sleep and health and wellbeing. Dedicated to individualizing sleep experiences, the company’s 3,300 employees are improving lives with innovative sleep solutions. To find better quality sleep visit one of our more than 490 U.S. Sleep Number® stores or SleepNumber.com.

# # #

Investor Contact: Dave Schwantes; (763) 551-7498; [email protected]
Media Contact: Susan Eich; (763) 551-6934; [email protected]





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