Mattress Firm Holding Corp. (MFRM) is a holding company. The Company is a specialty retailer of mattresses and related products and accessories in the United States. It operates through two segments: retail operations and franchise operations. The retail operations segment includes Company-operated stores, e-commerce Website operations and multi-channel sales operations consisting of special events. The franchise operations segment includes franchise fees and royalty income received from its franchisees. The Company, through its subsidiaries, operates its business under the Mattress Firm brand name. With a range of styles, sizes, price points and features, it provides its customers with their choice of specialty and traditional mattresses from a range of brands, including Tempur Pedic, Sealy, Serta, Simmons, and Stearns & Foster. The Company and its franchisees operates over 2,400 stores under the Mattress Firm and Sleep Train brand names, in approximately 100 markets across over 40 states.
Reported after close today (6/9/16) Earnings: EPS -$0.10 Revenue $839.4M Estimates: EPS -$0.03 Revenue $869.75M Down 11.6% after hours
Mattress Firm (MFRM) Stock Soars on Steinhoff Deal NEW YORK (TheStreet) -- Shares of Mattress Firm (MFRM) were skyrocketing 114.16% to $63.69 before Monday's market open after African furniture seller Steinhoff (SNHFY) agreed to buy the Houston-based mattress company for $2.4 billion, or $64 per share, the Wall Street Journal reports.
