Select Comfort Corp (SCSS) Misses Q4 EPS by 8c; Guides Below

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Select Comfort Announces Fourth-Quarter and Full-Year 2016 Results

February 8, 2017 4:36 PM EST

2016 net sales grew 8% to a record $1.3 billion Reported 2016 EPS growth of 13% to $1.10, including fourth-quarter EPS of $0.25 Generated 40% increase in cash from operations in 2016 to $152 million Provides 2017 earnings outlook of $1.20 to $1.40 per diluted share

MINNEAPOLIS--(BUSINESS WIRE)-- Select Comfort Corporation (NASDAQ: SCSS) today reported fourth quarter and full-year 2016 results for the period ended December 31, 2016.

While our fourth quarter sales and earnings were below our expectations, we begin 2017 well... More