Select Comfort Q2 Profit Rises; Retailer Raises Outlook

July 19, 2011  by in UnCategorized   

By Aggregated Content in Bedding on July 20, 2011 from http://c.moreover.com/click/here.pl?z4979686941&z=1250249032 Select Comfort Corp. (SCSS: News ) Wednesday reported net income for the second quarter of $11.3 million or $0.20 per share, compared with $6.2 million or $0.11 per share in the year-ago quarter. On average, 7 analysts polled by Thomson Reuters expected earnings of $0.17 per share for the quarter. Analysts' estimates typically exclude special items. Net sales for the quarter increased 16 percent to $161.5 million from $139.0 million last year. Six Street analysts had a consensus revenue estimate of $156.9 million for the quarter. Gross-profit margins increased to 63.5 percent of

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