Select Comfort Corp. (SCSS) reported first quarter adjusted EPS of $0.41 after the close Wednesday, down from $0.45 a year ago. The consensus estimate was for EPS of $0.43. The company also lowered its full-year 2013 earnings outlook to a range of $1.30 to $1.45 per share from its prior outlook of $1.65 to $1.80 pr share. The consensus estimate is for EPS of $1.52. The stock is now down 1.52 on 103K shares.
Select Comfort declined in early trade Wednesday and finished with a loss of 0.38 at $17.56. The stock closed testing the lower end of a month and a half long range at the lows of the year.
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