UBS Cuts Price Target on Mattress Firm (MFRM) to $57 Following 2Q15
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Mattress Firm Promotes Ken Murphy to President and Rob Killgore to Chief Operating Officer
September 11, 2015 7:35 AM EDTHOUSTON--(BUSINESS WIRE)-- Mattress Firm Holding Corp. (the Company) (NASDAQ: MFRM), the nations largest specialty mattress retailer, today announced that Ken Murphy has been promoted to president and Rob Killgore to chief operating officer. The Company also announced that Dale Carlsen will assume the role of executive vice chairman and chief philanthropy officer. In this role Mr. Carlsen will work closely with the senior executive team on key strategic initiatives, vendor relations, mergers and acquisitions, and community engagement. This new structure is the next step in the integration of the Sleep Train... More
Mattress Firm Announces Second Fiscal Quarter Financial Results
September 11, 2015 7:30 AM EDT
Net Sales Increased 61.2% Over Prior Year
Eighth
Consecutive Quarter of Positive Comparable-Store Sales Growth
Adjusted EBITDA Increased Approximately 37.2% Over Prior Year
Sleep Train Continues to Outperform Expectations and Chicago
Improving
Updates Full Year Adjusted EPS Guidance to
$2.30 to $2.45
HOUSTON--(BUSINESS WIRE)-- Mattress Firm Holding Corp. (the Company) (NASDAQ: MFRM) today announced its financial results for the second fiscal quarter (13 weeks) ended August 4, 2015. Net sales for the second fiscal quarter increased 61.2% over the prior year to $661.1 million, reflecting comparable-store sales growth of 2.8% and... More
