In other business, shareholders approved the material terms of the performance goals under Select Comfort's executive and key employee incentive plan, approved the company's non-employee director equity plan and ratified the appointment of KPMG LLP as independent auditors for the current fiscal year.
Select Comfort expects to provide a second quarter update on Wednesday, June 14, with full-quarter results expected on Tuesday, July 25.
Founded in 1987, Select Comfort Corporation is the nation's leading bed retailer(1), holding 30 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 Corporation