Trade Resources Industry Views Low Double-Digit Q4 Sales Growth Is Expected by Select Comfort

Low Double-Digit Q4 Sales Growth Is Expected by Select Comfort

Tags: beds, bedding

Select Comfort Corporation reaffirmed the company’s full-year 2013 outlook, which it updated during its third-quarter earnings release in mid-October.

The company’s full-year 2013 outlook continues to be GAAP earnings per diluted share of between $1.14 and $1.22. Guidance includes fourth-quarter earnings per diluted share of $0.18 to $0.26. The midpoint of the fourth-quarter outlook assumes low double-digit growth in total net sales.

The company is reaffirming guidance in advance of the Raymond James Fall Investor Conference in Boston on Nov. 12, 2013.

About Select Comfort Corporation

Select Comfort Corporation is leading the industry in delivering an unparalleled sleep experience by offering consumers high-quality, innovative and individualized sleep solutions and services, which include the complete line of SLEEP NUMBER beds and bedding.

The company is the exclusive manufacturer, marketer, retailer and servicer of the revolutionary Sleep Number bed, which allows individuals to adjust the firmness and support of each side at the touch of a button. The company offers further individualization through its solutions-focused line of Sleep Number pillows, sheets and other bedding products.

Source: http://www.fibre2fashion.com/news/textile-news/newsdetails.aspx?news_id=155579
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Select Comfort Expects Low Double-Digit Q4 Sales Growth
Topics: Textile