Nation's leading bed retailer and creator of the Sleep Number bed, Select Comfort Corporation reported results for the fourth quarter ended December 31, 2005.
Net income increased 52 percent to a record $15.8 million, compared to net income of $10.4 million in the fourth quarter of 2004.
Earnings per share increased 56 percent to $0.42 per diluted share, compared to $0.27 per diluted share in the fourth quarter of 2004.
Net sales increased 26 percent to a record $187.9 million, compared to $148.6 million in the fourth quarter of 2004.
Earnings for the full year totaled $1.14 per diluted share, an increase of 43 percent as compared to $0.80 per diluted share in 2004.
Net sales for the full year totaled $691.1 million, an increase of 24 percent compared to $557.6 million in 2004.
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2006 Analyst Day Event
Management will host its 2006 Analyst Day Event on Friday, February 3, 2006.
A series of management presentations will begin at 10:00 a.m. Eastern Time.
To listen to the webcast, please access the investor relations area of the company's website.
Founded in 1987, Select Comfort Corporation is the nation's leading bed retailer, holding 32 US issued or pending patents for its personalized sleep products.
The company designs, manufactures and markets a line of adjustable-firmness mattresses featuring air-chamber technology, branded the Sleep Number bed, as well as foundations and sleep accessories.
Select Comfort's products are sold through its nearly 400 retail stores located nationwide, through selected bedding retailers; through its national direct marketing operations; and on the Internet
Select Comfort Corporation
marketing@alchempro.com
