Select Comfort Corporation

At Sleep Number, our mission places customers at the heart of all we do: improving lives by individualizing sleep experiences. Be a part of a company where teams of individuals are valued for their unique talents, perspectives, and experiences. We are the exclusive designer, manufacturer, marketer, retailer and servicer of a complete line of Sleep Number® beds including our newest addition, the SleepIQ Kids™ bed. Only the Sleep Number bed offers SleepIQ® technology to track and monitor your sleep, so you can make adjustments for your best possible sleep. Sleep Number also offers a full line of exclusive sleep products including FlexFit™ adjustable bases and Sleep Number® bedding. Take a closer look at our company and how we’re improving the lives of our customers and employees: • Publicly traded company (NASDAQ: SCSS) since 1998 • Annual revenue in 2015 totaled more than $1.21B • Headquarters in Minneapolis, Minnesota, manufacturing and distribution facilities in South Carolina and Utah, and SleepIQ Labs in Silicon Valley. • More than 500 company-owned retail stores and 3,300 employees nationwide We’ve improved the lives of more than 9 million individuals. If you’re a passionate individual who is looking for career opportunities that will change your life and others around you, then Sleep Number is for you. Join us and be a part of our vision to become one of the world's most beloved brands.
Company Growth (employees)
Type
Public
HQ
Plymouth, US
Founded
1987
Size (employees)
3,658 (est)
Select Comfort Corporation was founded in 1987 and is headquartered in Plymouth, US

Select Comfort Corporation Office Locations

Select Comfort Corporation has an office in Plymouth
Plymouth, US (HQ)
9800 59th Ave N

Select Comfort Corporation Data and Metrics

Select Comfort Corporation Financial Metrics

Select Comfort Corporation's revenue was reported to be $393.9 m in Q1, 2017
USD

Revenue (Q1, 2017)

393.9 m

Gross profit (Q1, 2017)

246.5 m

Gross profit margin (Q1, 2017), %

63%

Net income (Q1, 2017)

24.5 m

EBIT (Q1, 2017)

35.8 m

Market capitalization (22-Aug-2017)

1.3 b

Cash (01-Apr-2017)

36.5 m
Select Comfort Corporation's current market capitalization is $1.3 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

960.2 m1.2 b1.2 b1.3 b

Revenue growth, %

20%5%8%

Cost of goods sold

358.4 m449.9 m472.9 m501.1 m

Gross profit

601.8 m706.9 m740.8 m810.2 m

Gross profit Margin, %

63%61%61%62%

Sales and marketing expense

595.8 m

R&D expense

28 m

General and administrative expense

109.7 m

Operating expense total

733.5 m

EBIT

90.7 m101.7 m75.1 m76.7 m

EBIT margin, %

9%9%6%6%

Pre tax profit

91 m102.1 m75.4 m75.9 m

Income tax expense

30.9 m34.1 m24.9 m24.5 m

Net Income

60.1 m68 m50.5 m51.4 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

234.8 m323.4 m349.8 m275.3 m373.9 m353 m276.9 m368 m393.9 m

Cost of goods sold

92.4 m124.8 m134 m104.8 m140.3 m143.9 m105.6 m135.6 m147.4 m

Gross profit

142.4 m198.6 m215.8 m170.5 m233.6 m209.1 m171.3 m232.3 m246.5 m

Gross profit Margin, %

61%61%62%62%62%59%62%63%63%

Sales and marketing expense

106.7 m137.9 m140.5 m126.6 m156.9 m150.7 m134.8 m158 m169.3 m

R&D expense

1.7 m2.4 m3.4 m3.4 m3.5 m7.6 m7.1 m7 m7.6 m

General and administrative expense

21.3 m23 m28.3 m23.9 m27.8 m30.9 m27 m28.3 m33.8 m

Operating expense total

129.7 m163.2 m172.1 m153.9 m188.2 m189.2 m168.9 m193.3 m210.6 m

EBIT

12.7 m35.3 m43.7 m16.6 m45.4 m19.9 m2.4 m39 m35.8 m

EBIT margin, %

5%11%12%6%12%6%1%11%9%

Pre tax profit

12.8 m35.4 m43.9 m16.8 m45.5 m19.8 m2.2 m38.8 m35.7 m

Income tax expense

4.3 m11.9 m15.1 m5.7 m13.6 m6.8 m751 k13 m11.2 m

Net Income

25.5 m49 m28.8 m39.8 m71.7 m13 m14.4 m40.1 m24.5 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

58.2 m52 m21 m11.6 m

Inventories

40.2 m53.5 m86.6 m75 m

Current Assets

189.5 m232.6 m197.9 m138.3 m

PP&E

129.5 m165.5 m204.4 m208.4 m

Goodwill

16.8 m16 m83.3 m80.8 m

Total Assets

381.8 m474.2 m513.4 m457.2 m

Accounts Payable

73.4 m84.2 m103.9 m105.4 m

Current Liabilities

137.2 m187.1 m224.9 m225.3 m

Total Liabilities

296.8 m

Retained Earnings

219.3 m256.4 m221.9 m159.9 m

Total Equity

222.3 m160.3 m

Financial Leverage

2.3 x2.9 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

37.1 m78.4 m46.4 m26.1 m72.7 m29.5 m2.4 m45.4 m36.5 m

Inventories

43.2 m48.7 m56 m68.4 m77.8 m81 m73.7 m70.6 m66.9 m

Current Assets

168.9 m238 m235.5 m217.5 m246.2 m172.3 m147.3 m190.7 m149 m

PP&E

151.5 m159.5 m177.7 m186.7 m197.9 m203.5 m202.1 m203.7 m207.2 m

Goodwill

16.4 m16.2 m15.8 m15.6 m85.1 m82.7 m82.1 m81.4 m79.2 m

Total Assets

388.4 m474.9 m492.5 m475.6 m565.9 m481 m454.7 m503 m462.7 m

Accounts Payable

59.4 m85.6 m80.2 m88 m115.3 m96.6 m85.8 m106.9 m106.7 m

Current Liabilities

133.7 m200.4 m186.3 m179.3 m243.3 m220.2 m206 m244.9 m252.2 m

Retained Earnings

232.4 m248.5 m269.7 m254.9 m271.4 m186.7 m173.3 m176.1 m133.7 m

Total Equity

255.4 m271.9 m187.2 m173.8 m176.5 m134.2 m

Financial Leverage

1.9 x2.1 x2.6 x2.6 x2.8 x3.4 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

60.1 m68 m50.5 m51.4 m

Depreciation and Amortization

30.8 m39.8 m47.6 m57.2 m

Accounts Receivable

2 m(4.7 m)(9.3 m)9.3 m

Inventories

(3.9 m)(13 m)(33 m)11.6 m

Accounts Payable

(3.5 m)14.3 m19.1 m(5 m)

Cash From Operating Activities

88.1 m144.5 m107.9 m151.6 m

Purchases of PP&E

(76.8 m)(76.6 m)(85.6 m)(57.9 m)

Cash From Investing Activities

(87.3 m)(114.4 m)(44.3 m)(42.7 m)

Cash From Financing Activities

(30.5 m)(36.3 m)(94.7 m)(118.4 m)

Interest Paid

34 k49 k96 k608 k

Income Taxes Paid

24.3 m38.5 m26.7 m25.1 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

25.5 m49 m28.8 m39.8 m71.7 m13 m14.4 m40.1 m24.5 m

Depreciation and Amortization

19.2 m29.6 m10.8 m21.9 m33.7 m13.9 m28 m42.6 m16.2 m

Accounts Receivable

651 k(14.2 m)1.8 m(825 k)(6.5 m)8.8 m5.5 m5.3 m1.5 m

Inventories

(3 m)(8.6 m)(2.5 m)(14.8 m)(24.1 m)5.6 m12.9 m16 m8.2 m

Accounts Payable

(1 m)27.4 m7.5 m7.9 m24.6 m(495 k)(15.3 m)(1 m)(1.4 m)

Cash From Operating Activities

49.6 m135.8 m48.9 m45.1 m131.6 m64 m47.1 m145.3 m86.9 m

Purchases of PP&E

(39.8 m)(58.4 m)(17.8 m)(38.9 m)(61.4 m)(12.3 m)(23.8 m)(38.8 m)(13.2 m)

Cash From Investing Activities

(45.1 m)(79 m)(19.7 m)(16.3 m)(46.7 m)2.8 m(8.6 m)(29.6 m)(10.1 m)

Cash From Financing Activities

(25.6 m)(36.6 m)(34.8 m)(54.7 m)(64.2 m)(58.3 m)(57.1 m)(91.3 m)(52 m)

Income Taxes Paid

(394 k)9.9 m15.5 m4.2 m13.4 m16.6 m15.3 m30.4 m5.5 m
Y, 2017

Financial Leverage

3.4 x

Select Comfort Corporation Operating Metrics

Select Comfort Corporation's Stores was reported to be 540 in Q2, 2017. Select Comfort Corporation's Average Revenue per Store was reported to be $2.3 k in Q2, 2017
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Average Revenue per Mattress Unit

$3.67 k$3.92 k$4.08 k$3.99 k$4.03 k$3.98 k$4.21 k$3.96 k$4.05 k$4.05 k$4.31 k

Average Revenue per Store

$2.33 m$2.42 k$2.48 k$2.26 k$2.38 m$2.36 k$2.33 k$2.25 k$2.36 m$2.37 k$2.34 k

Revenue Per Gross Square Foot

$1.03 k$1.04 k$1.05 k$1.06 k$980$960$937$895$937$926$906

Stores

463463467475488497506527540546540

    Select Comfort Corporation Market Value History

    Select Comfort Corporation Median Salaries

    Source: 18 public H-1B filings from Select Comfort Corporation

    Traffic Overview of Select Comfort Corporation

    Select Comfort Corporation Online and Social Media Presence

    Select Comfort Corporation Company Life and Culture

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