Select Comfort Helping Investors Sleep At Night
Snapshot Report ) has been a momentum high flier in 2011, coming close to doubling in price after recently topping off at $17.35. But with estimates on the rise and a bullish growth projection, this Zacks #1 rank stock offers a comfortable take on momentum.Company Description
Select Comfort Corp develops and sells adjustable firmness beds and various sleep related accessories in the United States, Canada and Australia. The company was founded in 1987 and has a market cap of $950 million.
Select comfort has been pumping out big gains in 2011, recently hitting a new multi-year high after reporting another strong quarter that came in well ahead of expectations.
First-Quarter Results
Revenue for the period was up 22% from last year to $193 million. Earnings also came in strong at 30 cents, 58% ahead of the Zacks Consensus Estimate, where the company has an average earnings surprise of 41% over the last four quarters.
The good results were driven by a sharp up tick in company-owned store sales, which were up 26% from last year, with average sales per store climbing to $1.4 million, also a 26% increase. And even though sales and marketing expenses increased 15% from last year, as a percentage of sales that number fell to 42% from 44%.
Financial Profile
Moving forward, Select Comfort will continue to benefit from its awesome balance sheet, with cash and short-term investments up $58 million from last year to $102 million against no long-term debt.
Estimates
We saw some very bullish movement in estimates off the good quarter, with the current year jumping 27% to 90 cents. The next-year estimate is up 24 cents in the same time to $1.08, a bullish 20% growth projection.
Valuation
But in spite of the gains, this stock still has value, trading with a PEG ratio of .95, below the traditional benchmark for value of 1.
12-Month Chart
On the chart, shares have been strong for all of 2011, jumping into a new multi-year high in late April on the good quarter. Look for support from the long-term trend on any weakness. Take a look below.
Michael Vodicka is the Momentum Stock Strategist for Zacks.com. He is also the Editor in charge of the new Zacks Momentum Trader Service.
Select Comfort Sleep Number - News
Select Comfort Corporation develops, manufactures, markets, and distributes adjustable-firmness beds and other sleep-related accessory products in the United States, Alaska, Hawaii, Canada, and Australia. It offers its mattresses under the Sleep Number
Select Comfort Corporation designs, manufactures, markets and supports a line of adjustable-firmness mattresses featuring air-chamber technology, branded the SLEEP NUMBER(R) bed, as well as bases and bedding accessories. Sleep Number products are
And even though sales and marketing expenses increased 15% from last year, as a percentage of sales that number fell to 42% from 44%. Moving forward, Select Comfort will continue to benefit from its awesome balance sheet, with cash and short-term
Participants include Mega Mart, Toni & Guy, Belk, Sleep Number by Select Comfort, Macy's, Purple Rain, CineMoms, Pampered Chef and Wild Bill's. The event will also include a silent auction benefiting Simon Youth Foundation and children's charity
Most people adore me. I live on a Select-Comfort mattress just outside of Fraser, Colorado. My sleep number is 32. Soft, like that, the bed curls up around my ample butt, and I mostly slumber the day away, drifting around in a fluffy cloud.
Custom-fit Bed furniture Help Us Live Higher quality Life, No ...
Doesn’t it send shudders down your spine sometimes the method that you should be able to share a bed for a lifetime using an individual who really wants to sleep within an entirely different way than you’re familiar with? You could like resting on a company surface, your partner may want a ‘Princess and also the Pea’ soft bed. Just what exactly is the next step?
Sleep number beds are a fantastic option for facing most of these sleep time blues. With sleep number beds you are able to – hold your breaths, this is correct – control the way that you sleep around the bed! Simply speaking, you possibly can make your sleep number mattress as well as the bed itself as soft or as firm as you wish, as cold or as warm as you wish, as level or as sloping as you would like, and also as high or as little as you would like. And also the most sensible thing is, you’ll have two different varieties of alternatives for just two different sides from the bed. Which means, you receive the sleeping comfort you need, along with your spouse provides the type of sleeping comfort you can use them to. So long as must crib about your crib!
Although the sleep number beds have been around in the marketplace for more than a decade now, even though several celebrities have endorsed them in a large number of advertisements, they may be still relatively unknown within their principle.
The sleep number beds are a real patented invention of Select Comfort, a fancy dress located in Minnesota. Though Select Comfort will be the inventor with the sleep number beds and their several modifications who have hit the industry from the time, today look for lots of companies gate-crashing the party. Obviously, each gate-crasher has their particular teams of pros and cons compared from the real sleep number beds, as well as in fact, many people would rather the later entrants. It takes place in each and every product – there’s a genuine invention, however it’s its flaws that are increased by later companies. So, if you are buying a sleep number bed now, you have to consider the characteristics that most companies provide, and then suggest your pick accordingly.
The sleep number beds work by maintaining a variable air layer above the mattress, and below the sleeping surface. With the aid of various coils and springs, these air layers could be adjusted. Users are given having a handheld remote control through which they can alter the settings from the bed, thus optimize it for the way they would like to sleep.
Sleep Number Bedroom Tips for Allergy Sufferers :: The Beds.com Community | via 
Sleep Number p5 Twin Bed Set by Select Comfort: Most Popular Now with Enhanced Comfort and Breathability - Europ... 
Sleep Number i8 California King Bed Set by Select Comfort: Pamper yourself with the SLEEP NUMBER® i8 bed. Our Du... Select Comfort Sleep Number - Bookshelf
Popular Science
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Please rush my FREE Sleep Number Bed by Select ComfortTM Brochure and FREE ... Mail to: Select Comfort, 6105 Trenton Lane N., Minneapolis, MN 55442 ext. ...Popular Science
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Obviously, if you're Select Comfort, you'd like the OT to encourage patients to have a look at the Sleep Number bed. The first step is to get that OT to try ...Everyday Guide Directory
Sleep Number Beds and Mattress by Sleep Number
Shop the Official Site for Sleep Number beds, mattresses & bedding. Sleep Number mattresses are adjustable for ideal comfort and support.
Sleep Number
Find your Sleep Number bed online at Select Comfort Canada. Research Select Comfort beds available in Canada at SelectComfort.ca.
Select Comfort: Sleep Number Bed Australia, Select Comfort Bed
Find your Sleep Number bed online at Select Comfort Australia. Research Select Comfort beds available in Australia at SelectComfort.au.
Individualized Comfort
Sleep Number is the only mattress that can meet your changing needs over time. ... ©2000-2011 Select Comfort. SLEEP NUMBER, SELECT COMFORT and the Double Arrow Design are ...
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