More on Mattress Firm (MFRM): Easily beats Q4 estimates on a 47% jump in net sales and a 61% Y/Y rise in gross profit. The company guides FY12 higher, now expecting $1.40 - $1.48 per share. Street estimates are for $1.37. Separately the company also buys Mattress Giant for approximately $47M in cash. Shares +9.5% AH.
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