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Select Comfort 4Q Profit Doubles
February 7,
2012 by in UnCategorized 
By Aggregated Content in Furniture Retailing on February 8, 2012
from http://www.cnbc.com/id/46317014?__source=RSS*tag*&par=RSS
Specialty mattress maker Select Comfort Inc. said Wednesday its profit more than doubled in the fourth quarter, and the company's shares jumped in after-hours trading.
The company forecast a profit of $1.32 to $1.40 per share in 2012, while analysts were expecting $1.32 per share, on average.
Select Comfort stock surged $2.70, or 9.9 percent, to $29.87 in late trading. The shares reached an annual high of $28.91 on Tuesday, and declined 3 cents to $27.17 during regular trading Wednesday.
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