Select Comfort Sales Rise 5 Percent in Q4

Select ComfortMINNEAPOLIS-In a preliminary report on its fiscal fourth quarter, Select Comfort said total net sales in the quarter rose 5 percent to $231 million.

The company's sales included a flat sales performance from its company-controlled stores. Through November, Select Comfort was experiencing solid results in both sales and expense controls. From Cyber Monday through the end of December, however, sales trends fell below the company's internal goals.

Shelly Ibach, Select Comfort's president and CEO, said the post-Thanksgiving slowdown "reflected a tepid retail holiday shopping season. We expect this challenging environment to continue in 2014 and are planning accordingly."

HFN Staff | News & Commentary

HFN provides detailed information on the key home classifications: Housewares, Tabletop, Floor Covering & Rugs, Furniture, Home Textiles, Lighting, Home Decor, Mattresses & Bedding, Gifts, Major Appliances and Consumer Electronics as well as Business, Finance and Retail.

Videos

Subscribe to
HFN Omnichannel
Receive the news you need to know about the trends in the industry delivered right to your inbox.

Current Issue

  • HFN May digital issue

    HFN's DIGITAL EDITION

    May 2017


    COVER STORY: HFN Turns 90

    We commemorate HFN's 90th anniversary by paying tribute to the iconic retailer and supplier brands--and the people--that have helped the industry flourish, then and now.


    ALSO IN THIS ISSUE:

    • Up & Coming Leaders - The home industry is in capable and visionary hands as this year’s 40 Under 40 list attests. Today’s young leaders span all disciplines and varied levels of operation.
    • Omnichannel Retailing - In the Mobile App World, Time is Money