UBS Remains Neutral on Mattress Firm (MFRM) Following 1Q EPS Miss

Go back to UBS Remains Neutral on Mattress Firm (MFRM) Following 1Q EPS Miss

Mattress Firm Announces First Fiscal Quarter Financial Results

June 9, 2016 4:05 PM EDT

Net 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