Seeking Alpha

Mattress Firm (MFRM +5.1%) CEO Stephen Stagner says the company will keep the pedal to the metal...

Mattress Firm (MFRM +5.1%) CEO Stephen Stagner says the company will keep the pedal to the metal as it aims to expand up to 2.5K stores from its current level of 1K stores. As for that Best Buy Effect (i.e being a showroom for Internet buyers)? He sees the "touchy-feely" nature of Mattress buyers helping make having big physical stores a bonus. Shares of MFRM +21% since reporting FQ4 earnings earlier this week and +102% since last November's IPO.
Comments (2)
  • Trees truly do grow to the sky! Just look at TPX and SCSS! Everyone must be buying a matterass a month!
    13 Apr 2012, 03:26 PM Reply Like
  • Their qtr was smoke and mirrors; no ROIC from M&A, ~60% of Q4 NI was from a one time acct'g function, have horrible net mgns below 5%, and they have almost no cash now yet have a mktcap of 1.5B. Wait til Childs exits in May? Look out below.
    14 Apr 2012, 06:11 PM Reply Like
DJIA (DIA) S&P 500 (SPY)