Mattress Firm Announces Third Fiscal Quarter Financial Results

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Mattress Firm (MFRM) Holds Firm in Q3 - UBS

December 8, 2015 8:45 AM EST

UBS reiterated a Buy rating and $57.00 price target on Mattress Firm Holding Corp. (NASDAQ: MFRM) following the company's 3Q earnings report. MFRM's 3Q comp increase was driven entirely by AUP, although it was encouraging that unit growth was flat. However, the company continued to face margin pressure primarily from lower product margins at Sleep Train, and higher... More