Select Comfort craters following sales warning

|By:, SA News Editor

Select Comfort (SCSS -18.1%) says Q4 sales came in at $231M on flat comparable store sales growth. Analysts forecast $242M in sales for the period.

The company warns that EPS will fall below estimates due to weak demand the retailer saw following Cyber Monday. Perhaps even more alarming, the "challenging" environment is expected to persevere in 2014, according to CEO Shelly Ibach.