Mattress Firm (MFRM) Misses Q1 EPS by 7c; Cuts FY16 EPS Outlook
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Mattress Firm Announces First Fiscal Quarter Financial Results
June 9, 2016 4:05 PM EDTNet Sales Increased 49.2% Over Prior Year
Announces Plan to Consolidate All Stores Under the Mattress Firm Banner Nationwide
Provides Guidance for Q2 and Updates Full Fiscal Year 2016 Guidance
HOUSTON--(BUSINESS WIRE)-- Mattress Firm Holding Corp. (the Company) (NASDAQ: MFRM), the nation's largest specialty mattress retailer, today announced its financial results for the first fiscal quarter (13 weeks) ended May 3, 2016. Net sales for the first fiscal quarter increased 49.2% over the prior year period to $839.4 million, reflecting incremental sales from acquired and new stores, partially offset by a... More
