Select Comfort Q2 Net Income Rises; Reiterates 2015 Outlook - Quick Facts

(RTTNews) - Select Comfort Corporation (SCSS) reported second quarter net income of $11.0 million or $0.21 per share compared to $8.5 million or $0.16 per share, last year.

On average, nine analysts polled by Thomson Reuters expected the company to report profit per share of $0.19 for the quarter. Analysts' estimates typically exclude special items.

Net sales were $275.29 million compared to $234.76 million, a year ago. Comparable sales were up 13%. Analysts expected revenue of $270.26 million for the quarter.

The company reiterated its outlook for 2015 earnings per share of $1.35. The outlook assumes mid- to high-single-digit total net sales growth for the balance of the year and a 6% increase in net new stores for 2015. Analysts expect the company to report 2015 earnings per share of $1.39.