Bill McLaughlin, Chairman and CEO of Select Comfort Corporation, the nation's leading bed retailer and creator of the Sleep Number bed, provided this update on its foam supply situation:
'They have been notified by their foam supplier that their allocation of foam has been increased following expanded production capacity of TDI, a key chemical used to make foam. In addition, they have been successful in working with their supplier in pursuing alternative chemical solutions for the foam used in some of their products and in securing an alternative source of supply.
While foam supplies in October have been somewhat restricted, they have experienced no significant delivery delays to their customers and expect that this increased supply will further their ability to manage through this industry-wide shortage and minimize delivery delays even further. This short-term situation does not impact their outlook for the fourth quarter.'
Select Comfort will provide a further update along with a full report of its third quarter results on October 25
Select Comfort, they know that quality of life is often directly connected to quality of sleep. That's why the Sleep Number bed was designed based on sleep research. In fact, in independent clinical studies, their bed has been proven to improve sleep quality and reduce back pain. No wonder they welcome more 'sleep revolutionaries' to their owner family every day!
Select Comfort Corporation
marketing@alchempro.com
