Mattress Firm (MFRM) Misses Q2 EPS by 8c; Comps Fell 1.1%
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Mattress Firm Announces Second Fiscal Quarter Financial Results
September 9, 2016 7:30 AM EDTFiscal Q2 Net Sales Increased 48.2% Over Prior Year
Sleepys Integration Continues to Progress As Planned
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 second fiscal quarter (13 weeks) ended August 2, 2016. Net sales for the second fiscal quarter increased 48.2% over the prior year period to $980.0 million, reflecting incremental sales from acquired and new stores, partially offset by a comparable-store sales decline of 1.1%. The Company reported second fiscal quarter earnings (loss) per diluted share (EPS) on a... More
