Select Comfort Corp. (SCSS) reported fourth quarter net income of $0.22 per share after the close Thursday, down from $0.27 per share in the prior year. The consensus estimate was for EPS of $0.32. Full year 2013 EPS is expected to be between $1.65 and $1.80, compared to the consensus estimate of $1.90.
Select Comfort gapped open sharply lower Friday and has continued to decline in early trade. Shares are now down 5.40 at $22.80 on strong volume. The stock has dropped to a 6-month low.
by RTT Staff Writer
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