Mattress Firm (MFRM) Sleepy Deal Offers Near-Term Risk But Long-Term Gains - UBS
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Mattress Firm to Acquire Sleepy’s
November 30, 2015 4:05 PM ESTSolidifies Companys Position as Largest Border-to-border, Coast-to-coast Mattress Specialty Retailer
Combined Company will Operate Nearly 3,500 Retail Stores and 80 Distribution Centers Across 48 States
Anticipates Low Single-digit EPS Accretion in Year One Growing to Double-digit EPS Accretion in the Third Year Post-closing
Expects Annual Synergies of Approximately $40 million by the Third Year Post-closing
HOUSTON--(BUSINESS WIRE)-- Mattress Firm Holding Corp. (the Company) (NASDAQ: MFRM), the nations largest specialty mattress retailer, today announced that it has... More
Mattress Firm Reports Preliminary Sales for Third Fiscal Quarter
November 30, 2015 4:04 PM EST
Net Sales Increased 50.7% on 3.8% Comparable-store Sales Growth
Expects Adjusted EPS of Between $0.80 to $0.82
Reaffirms
Midpoint of Full Year Fiscal 2015 Sales, Adjusted EBITDA and Adjusted
EPS Guidance
Will Host Third Fiscal Quarter Earnings
Conference Call on Monday, December 7th
HOUSTON--(BUSINESS WIRE)-- Mattress Firm Holding Corp. (the Company) (NASDAQ: MFRM), the nations largest specialty mattress retailer, today reported preliminary net sales and Adjusted EPS for the third fiscal quarter (thirteen weeks) ended November 3, 2015. Net sales for the third fiscal quarter increased 50.7% to $699.5 million, reflecting... More
