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More on Mattress Firm's FQ2: Same-store sales growth of 5% a major slowdown from FQ1's 16.1%....

More on Mattress Firm's FQ2: Same-store sales growth of 5% a major slowdown from FQ1's 16.1%. MFRM is acquiring Mattress X-Press, owner of 35 mattress stores in South Carolina and Georgia, for $15.8M. Mattress X-Press is expected to add $7M-$9M to 2H FY13 revenue; reduce FY13 EPS by $0.03-$0.04, and increase FY14 EPS by $0.09-$0.12. The company expects FY13 revenue of $1.022B-$1.039B and EPS of $1.47-$1.50 vs. a consensus of $1.02B and $1.49. MFRM -12.1% AH. TPX -2.5%. (PR)
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Comments (1)
  • deemattressgirl
    , contributor
    Comment (1) | Send Message
     
    Mattress xpress is in Florida and Atlanta not South Carolina.
    7 Sep 2012, 09:33 AM Reply Like
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