SCSS - Sector: Consumer Cyclical---Industry: Furniture & Fixtures

[Livana]

Profile
Select Comfort Corporation develops, manufactures, markets, and distributes adjustable-firmness beds and other sleep-related accessory products in the United States and Canada. It offers mattresses under the Sleep Number brand name.

Details

Index Membership	N/A
Sector	Consumer Goods
Industry	Home Furnishings & Fixtures
Full Time Employees	2,413

Headlines
•   Select Comforts Q1 sales down 17 percent, 30 stores closed over Q1
at bizjournals.com (Wed, Apr 29)
•   Select Comfort Announces First Quarter 2009 Results
Business Wire (Wed, Apr 29)

[setravis]

updated look at SCSS...
Markets Continue Rally...SCSS Top Small-Cap Gainer


Technicals
Percentage Gainer

Last Price Quote is:
91.07%above 13-day MA
106.83%above 50-day MA
RS Rating: 96 

Fundamentals
Key Data:
Market Cap (M): $56.55 
P/E Ratio: 182.19 
PEG Ratio: N/A 
Next Earnings: 10/21/2009
Last Analyst Rating: Neutral

[setravis]

Looking @ the 2 year chart this pup let it rip off that 
Double Bottom (reversal) chart pattern.......


Technicals
Last Price Quote is:
14.88%above 13-day MA
19.57%above 50-day MA
RS Rating: 47 

Day's Range: 7.86 - 8.29
52wk Range: 4.72 - 12.06
Volume: 1,328,369
Avg Vol (3m): 717,621
Market Cap: 453.39M
P/E (ttm): 7.54
EPS (ttm): 1.09...

[setravis]

A Rocket Stock for a Good Night's Sleep...

By Travis Hoium
October 21, 2010

On Wednesday, Select Comfort (Nasdaq: SCSS) reported a quarter that should give shareholders at least a few decent nights' sleep. Both top- and bottom-line numbers beat Wall Street's expectations, and the market rewarded investors by bidding the stock up nearly 20% on Thursday.

Revenue was up 9%, to $160 million in the third quarter, and beat estimates of $155.8 million. The company is closing some of its underperforming branded stores but at remaining locations, same-store sales were up an impressive 16% from a year ago. Net income also improved to $10.5 million or $0.19 per share, from $0.15 last year.

As sales increase, it was good to see the company becoming more efficient, improving operating margins to 10.5% from 8.1% last year. Guidance for the full year was also raised to between $0.52 and $0.55.

Select Comfort's stock has gone on a tear since bottoming out at $0.19 two years ago, but it looks like there's more room to run. With Sealy (NYSE: ZZ) struggling, Select Comfort is keeping up with Tempur-Pedic (NYSE: TPX) in the mattress business. Tempur-Pedic also upped full-year guidance, from $2.05 to $2.10, after reporting a great third quarter earlier in the week.

Select Comfort is experimenting with some out-of-mall locations in high-traffic areas, a strategy that could be a foundation of its new retail footprint. A total of six such stores will be open by the end of the year, so investors should watch this development that could fuel future growth.

At the end of the day, Select Comfort has everything to help this Fool sleep well at night. I love it when companies beat estimates on revenue and earnings, increase operating margins, and increase earnings estimates. That's what I call a good bedtime story.

[setravis]

Select Comfort's 3Q net income surges on sales...

On Thursday October 21, 2010, 2:16 pm EDT
MINNEAPOLIS (AP) -- Mattress maker Select Comfort Corp.'s shares rose almost 15 percent Thursday on news that its third-quarter net income jumped 52 percent with improving sales.

The company reported the results after the markets closed Wednesday and said its improving performance led it to raise its 2010 earnings forecast.

Select Comfort shares rose 99 cents, or 14.8 percent, to $7.67. Over the past year, they have traded between $4.72 and $12.06.

Select Comfort reported net income of $10.5 million, or 19 cents per share, for the period that ended Oct. 2. That compares with $6.9 million, or 15 cents per share, a year earlier.

Analysts surveyed by Thomson Reuters forecast net income of 16 cents per share. These estimates usually take out one-time items.

Revenue climbed 9 percent to $160.1 million from $147.5 million, beating Wall Street's $155.8 million.

Revenue at stores open at least a year increased 16 percent. This figure is a key indicator of a retailer's health because it measures results at existing stores and excludes stores that open or close during the year.

For the full fiscal year, Select Comfort now sees earnings in a range of 52 cents to 55 cents per share. Its previous guidance was for net income between 45 cents and 50 cents per share.

Analysts predict earnings of 51 cents per share for the year.

Select Comfort, based in Minneapolis, had 392 stores at quarter's end.

[setravis]

Been riding the 50-day MA in this trend up...
The Golden Cross took place...The 50-day MA cross over the 200-day MA

[setravis]

Here is another chart view looking at the 9 month chart.

Technicals
Record Price High
Gap Up
Percentage Gainer
Price Gainer

Last Price Quote is:
31.21%above 13-day EMA
44.34%above 50-day EMA
RS Rating: 96 

[setravis]

SCSS  Select Comfort Announces First Quarter 2011 Results  by Business Wire  Apr 20 2011 4:05PM 

MINNEAPOLIS, Apr 20, 2011 (BUSINESS WIRE) -- Select Comfort Corporation (SCSS, Trade ) today reported first-quarter results for the period ended April 2, 2011. Net sales for the quarter totaled $193 million, compared to $158 million in the first quarter of 2010, a year-over-year increase of 22 percent on company-owned comparable sales growth of 26 percent. The company reported first-quarter net income of $16.6 million, or $0.30 per diluted share, compared to net income of $7.8 million, or $0.14 per diluted share, in the prior-year period -- representing a 114 percent year-over-year improvement in earnings per diluted share.

"Our first quarter performance demonstrates the earnings potential of our business when we achieve solid sales growth and increased market share," said Bill McLaughlin, president and CEO, Select Comfort Corporation. "During the quarter, we remained focused on leveraging our core business, executing against our growth-driving programs and controlling costs, making solid progress against our goals of profitable growth and margin expansion."

McLaughlin continued, "The momentum of the first quarter allowed us to advance initiatives designed to continue to broaden awareness and consideration for the Sleep Number brand and enhance customers' store experience in order to drive long-term growth. We expect our efforts to generate strong earnings growth over the balance of the year as well as provide for continued investment in growth opportunities."

First Quarter Summary During the first quarter, net sales increased by 22 percent as compared to the year-ago period. The increase in sales was driven by a company-owned comparable sales growth of 26 percent, with the average sales-per-store over the past 12 months reaching $1.4 million, a 26 percent improvement over the prior-year period. Operating income improved by 86 percent to $26.4 million and operating margin improved 469 basis points to 13.7 percent.

Gross profit margins increased 166 basis points from 62.1 percent in the prior-year period to 63.8 percent in the first quarter of 2011. The increase reflects strong product mix offset somewhat by modest commodity-cost increases.

Sales and marketing costs in the first quarter of 2011 increased by 15 percent to $80.3 million, representing 41.6 percent of net sales. This compares to $70.1 million, or 44.4 percent of net sales in the prior-year period. Media investments in the first quarter totaled $23.7 million, 30 percent higher than a year ago.

General and administrative (G&A) expenses were $15.6 million in the first quarter, or 8.1 percent of net sales. This compares to $13.1 million, or 8.3 percent of net sales, in the year-ago period. In the quarter, G&A expenses included incentive compensation related to strong quarterly earnings performance.

Cash flows from operating activities were $32.2 million in the first quarter as compared to $30.4 million during the same period last year. Capital expenditures increased to $2.7 million, compared to $1.0 million in the year-ago period. As of the end of the quarter, cash and cash equivalents totaled $102 million and the company had no borrowings under its revolving credit agreement.

Fiscal 2011 Outlook Based on continued solid performance, the company is increasing its fiscal 2011 outlook and now anticipates net income per share in 2011 of between $0.85 and $0.93 per diluted share. The revised outlook assumes stability in consumer-spending patterns, company-owned comparable sales growth in the mid-teens, and net-income growth of approximately 30 to 45 percent for the duration of the year. The company noted that increasing inflationary pressures could adversely impact consumer demand through the balance of the year. The company's long-term expectation for net-income-per-share growth remains between 15 and 20 percent per year.

The company expects to end 2011 with approximately 380 stores after planned store openings and closings. The company anticipates that total 2011 capital expenditures will be approximately $25 million to $30 million, reflecting a total of 40 to 50 store actions (remodels and relocations), along with continued investments in marketing and information systems.

Conference Call Management will host its regularly scheduled conference call to discuss the company's results at 5 p.m. Eastern Time (4 p.m. Central; 2 p.m. Pacific) today. To listen to the call, please dial (800) 593-9959 (international participants dial (517) 308-9340) and reference the passcode "Sleep." To access the webcast, please visit the investor relations area of the Select Comfort website.

A replay will remain available until midnight Central Time, April 29, 2011, by dialing (203) 369-3207. The webcast replay will remain available in the investor relations area of the company's website for approximately 60 days.

About Select Comfort Corporation Founded more than 20 years ago and based in Minneapolis, Select Comfort Corporation designs, manufactures, markets and supports a line of adjustable-firmness mattresses featuring air-chamber technology, branded the Sleep Number(R) bed, as well as foundations and bedding accessories. SELECT COMFORT(R) products are sold through its 375 company-owned stores located across the United States; select bedding retailers; direct-marketing operations; and online at www.sleepnumber.com .

Forward-Looking Statements Statements used in this news release relating to future plans, events, financial results or performance are forward-looking statements subject to certain risks and uncertainties including, among others, such factors as general and industry economic trends; consumer confidence; the effectiveness of our marketing messages; the efficiency of our advertising and promotional efforts; consumer acceptance of our products, product quality, innovation and brand image; availability of attractive and cost-effective consumer credit options; execution of our retail store distribution strategy, including our ability to cost-effectively close under-performing store locations; our dependence on significant suppliers, and our ability to maintain relationships with key suppliers, including several sole-source suppliers; the vulnerability of key suppliers to recessionary pressures, labor negotiations, liquidity concerns or other factors; rising commodity costs and other inflationary pressures; industry competition; our ability to continue to improve our product line; warranty expenses; risks of pending and potentially unforeseen litigation; increasing government regulations, which have added or will add cost pressures and process changes to ensure compliance; the adequacy of our management information systems to meet the evolving needs of our business and evolving regulatory standards applicable to data privacy and security; our ability to attract and retain senior leadership and other key employees, including qualified sales professionals; and uncertainties arising from global events, such as terrorist attacks or a pandemic outbreak, or the threat of such events. Additional information concerning these and other risks and uncertainties is contained in our filings with the Securities and Exchange Commission (SEC), including our Annual Report on Form 10-K, and other periodic reports filed with the SEC. The company has no obligation to publicly update or revise any of the forward-looking statements in this news release.

[setravis]

On a personal basis , I have tried their bed...Don't like it..
and would not buy one!
May be other people have a better success resting on this...not me!