Select Comfort Q2 Profit Tops View
WASHINGTON (dpa-AFX) - Select Comfort Corp. (SCSS) reported net income for the second quarter of $8.5 million or $0.16 per share, compared to $9.9 million or $0.18 per share for the year-ago quarter.
Net sales for the second quarter increased 13% to $234.76 million from $207.39 million a year ago.
On average, analysts polled by Thomson Reuters expected the company to earn $0.14 per share on revenue of $223.74 million for the second quarter.
For fiscal 2014, the company continues to expect earnings per share of $1.07. Analysts now expect earnings of $1.10 per share for fiscal 2014.
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