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Mattress Firm Holding Corp Issues Q4 2012 Guidance Below Analysts' Estimates; Lowers FY 2012 Guidance; Comment On Q4, FY 2012 Comparable Store Sales Guidance

Tuesday, 4 Dec 2012 04:03pm EST 

Mattress Firm Holding Corp announced that for the fourth quarter of 2012, it expects net sales in a range from $261 million to $266 million, GAAP EPS in a range from $0.23 to $0.26, and Adjusted EPS in the range of $0.30 to $0.33, excluding acquisition-related costs, secondary offering costs and noncash impairment charge. Comparable-store sales are expected to be in the range of flat to an increase of 2.0%. For fiscal 2012, it expects revenue to be in the range of $1.010 to $1.015 billion, GAAP EPS to be in the range of $1.18 to $1.21, adjusted EPS to be in the range of $1.49 to $1.52 and Comparable-store sales increase to be in the range of 6% to 6.5%. According to I/B/E/S Estimates, analysts are expecting the Company to report revenues of $281 million and EPS of $0.51 for the fourth quarter of 2012 and revenues of $1.025 billion and EPS of $1.70 for fiscal 2012. 

Company Quote

-0.11 -0.23%
11 Jul 2014