Tag Archives: Mattress Firm

Mattress Firm: Q3 Sales Jump, Net Falls

Mattress Firm

HOUSTON-Acquisitions proved to be both a plus and a minus for Mattress Firm in its fiscal third quarter, pumping sales but also leading to a drop in its bottom line. Net sales in the quarter, which ended on Oct. 28, rose 42.3 percent to $464.3 million, while net income fell 13.9 percent to $15.6 million.More »

Last updated: December 2, 2014

Mattress Firm Completes Sleep Train Purchase

Mattress Firm

HOUSTON-Mattress Firm (NASDAQ: MFRM) has closed on its acquisition of The Sleep Train, the West Coast-based specialty mattress retailer. The purchase price was $425 million, subject to working capital and other “customary adjustments,” along with the assumption of certain additional liabilities totaling about $15 million, according to a Mattress Firm statement. Sleep Train operates aboutMore »

Last updated: October 21, 2014

Mattress Firm Closes Purchase of Back to Bed, M World Mattress, MCStores and TBE Orlando

Mattress Firm

HOUSTON-Mattress Firm has completed the acquisition of the mattress specialty retail assets of Back to Bed Inc., M World Mattress, MCStores and TBE Orlando. Collectively, these companies operate Back to Bed and Bedding Experts retail stores in Illinois, Indiana and Wisconsin, and Bedding Experts and Mattress Barn stores in Florida. The acquisition adds about 135More »

Last updated: October 1, 2014

Mattress Firm Q2 Sales Climb 35.5 Percent

Mattress Firm

HOUSTON-Mattress Firm’s second-quarter net sales rose 35.5 percent to $410 million, according to a preliminary statement from the specialty retailer. The jump in the top line owed to a 9.7 percent gain in same-store sales along with the addition of new and acquired stores, the statement said. “Our sales performance has been consistently strong inMore »

Last updated: August 11, 2014

Weiss Upped to Mattress Firm CFO

Mattress Firm

HOUSTON-Mattress Firm has promoted Alex Weiss, senior vice president of finance, to executive vice president and chief financial officer. The appointment will take effect on July 30. Jim Black, the current chief financial officer, will serve in this role until then, at which time he will transition into the role of senior corporate advisor toMore »

Last updated: June 11, 2014

Mattress Firm Q1 Net Drops on Rising Costs

Mattress Firm

HOUSTON-Increased expenses trumped a healthy gain in sales to drive down Mattress Firm’s first-quarter net income by 35.7 percent, to $7.7 million. Selling, general and administrative expenses were up 28.3 percent in dollars and 185 basis points as a percentage of sales, to 31.9 percent. During the quarter, which ended on April 30, Mattress FirmMore »

Last updated: June 4, 2014

Mattress Firm Deals for Mattress King and BedMart

Mattress Firm

HOUSTON-Mattress Firm has reached an agreement to acquire the assets and operations of Mattress Liquidators, which operates Mattress King stores in Colorado and BedMart stores in Arizona. When closed, the acquisition will add about 75 specialty mattress stores to Mattress Firm’s company-operated store base in the Denver, Phoenix and Tucson, Ariz., markets, where the companyMore »

Last updated: April 28, 2014

Mattress Firm Closes on Sleep Experts Purchase

Mattress Firm

HOUSTON-Mattress Firm has completed its acquisition of the outstanding partnership interests in Sleep Experts Partners. With this purchase, according to a Mattress Firm statement, the company expects to operate an additional 55 stores in the Dallas and Austin, Texas, markets, already two of the company’s core markets. The acquisition is also expected to advance MattressMore »

Last updated: April 4, 2014