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From Home Furnishing Business

Select Comfort Revises 4Q Guidance

Select Comfort Corp.  (NASDAQ: SCSS) has reported a preliminary net sales growth of 5 percent year over year to $231 million for the fourth quarter.

The specialty bedding retailer said it expects its fourth quarter earnings per share to be below the low end of its previously reported guidance range.

“The sales slowdown following the Thanksgiving holiday reflected a tepid retail holiday shopping season. We expect this challenging environment to continue in 2014 and are planning accordingly,” said Shelly Ibach, president and CEO.

Select Comfort plans to release its fourth quarter results February 5.




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