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Mattress Firm Holding (MFRM) Has Surged To A New High On Q2 Forecast

Mattress Firm Holding (MFRM: Quote) announced Monday morning that it expects to report second quarter non-GAAP EPS of $0.58 to $0.61. The company also boosted its full year non-GAAP EPS forecast to between $2.03 and $2.13, from prior expectations of $1.88 to $2.00.

Mattress Firm Holding gapped open sharply higher Monday morning and is now up 7.55 at $55.56. The stock has surged past resistance and has set a new high for the year.

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by RTT Staff Writer

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