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From Home Furnishing Business
Mattress Firm: Q2 Sales Tracking 35.5% Ahead
August 13,
2014 by in Financial Reports, Industry 
Mattress Firm (NASDAQ: MFRM) reported preliminary second quarter 2014 sales of $410 million, an increase 35.5 compared with the prior year period.
That reflected comparable store sales growth of 9.7 percent in the second quarter, which ended July 29; and the addition of new and acquired stores.
"Our sales performance has been consistently strong in recent months, which we believe is driven primarily by the continuation of our deliberate growth initiatives as well as the new luxury bedding models on our floors," stated Steve Stagner, Houston, Texas-based Mattress Firm's president and CEO.
"While consumer traffic continues to remain choppy, we are encouraged by continued improvement in consumer confidence and other economic indicators. We remain committed to our strategy of driving continued sales growth, increasing relative market share across the chain and positioning the Company for long-term growth of shareholder value as the largest and fastest growing mattress specialty retailer in the United States."
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