Select Comfort Corporation reported fourth-quarter and full-year 2013 results for the period ended Dec. 28, 2013.
Select Comfort Corporation reported fourth-quarter and full-year 2013 results for the period ended Dec. 28, 2013. Highlights:Fourth-quarter Financial #
Highlights:
Fourth-quarter Financial Summary
-Net sales increased 5% to $231 million, compared to $221 million in the fourth quarter of 2012.
-Company-controlled comparable sales were flat year-over-year.
-Operating income was $9.7 million, compared with $19.4 million in the fourth quarter of 2012.
-Earnings per diluted share were $0.12, compared with $0.22 in the prior year.
-During the quarter, the company opened 28 new stores and closed 11.
Select Comfort Corporation reported fourth-quarter and full-year 2013 results for the period ended Dec. 28, 2013. Highlights:Fourth-quarter Financial #
Full-year 2013 Financial Summary
-Net sales increased 3% to $960 million, up from $935 million in 2012.
-Company-controlled comparable sales declined 4% year-over-year.
-Earnings per diluted share on a GAAP basis were $1.08, compared to $1.37 per diluted share in 2012. Adjusted earnings per diluted share (excluding CEO transition benefit/costs) were $1.07 compared with $1.43 for the prior year.
-The company opened 71 new stores and closed 41 in 2013, ending the year at 440 stores, a 7% increase versus year-end 2012.
Select Comfort Corporation reported fourth-quarter and full-year 2013 results for the period ended Dec. 28, 2013. Highlights:Fourth-quarter Financial #
“While we made important progress on strengthening our strategic differentiators and delivered five percent year-over-year sales growth, our financial performance in the fourth quarter did not meet our expectations,” said Shelly Ibach, president and CEO, Select Comfort.
Select Comfort Corporation reported fourth-quarter and full-year 2013 results for the period ended Dec. 28, 2013. Highlights:Fourth-quarter Financial #
“As we look to 2014, we are cautiously optimistic about the combined impact of what we believe are fundamental product innovations and the most-tested, new advertising campaign in our history.”
Select Comfort Corporation reported fourth-quarter and full-year 2013 results for the period ended Dec. 28, 2013. Highlights:Fourth-quarter Financial #
Select Comfort Corporation reported fourth-quarter and full-year 2013 results for the period ended Dec. 28, 2013. Highlights:Fourth-quarter Financial #
Select Comfort Corporation reported fourth-quarter and full-year 2013 results for the period ended Dec. 28, 2013. Highlights:Fourth-quarter Financial #
Select Comfort