Mattress Firm (MFRM) Misses Q1 EPS by 7c; Cuts FY16 EPS Outlook

Mattress Firm (NASDAQ: MFRM) reported Q1 EPS of ($0.10), $0.07 worse than the analyst estimate of ($0.03). Revenue for the quarter came in at $839.4 million versus the consensus estimate of $869.75 million.

GUIDANCE:

Mattress Firm sees Q2 2016 EPS of $0.62-$0.69, versus the consensus of $0.92.

Mattress Firm sees FY2016 EPS of $2.25-$2.35, from prior expectations of $2.50 - $2.60 and the consensus of $2.49.

For earnings history and earnings-related data on Mattress Firm (MFRM) click here.

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