Select Comfort 2Q earnings surge 50 percent - Bring Me The News

Select Comfort 2Q earnings surge 50 percent

Select Comfort Corp.'s shares soared 19 percent in after-hours trading Wednesday after the company reported it beat Wall Street expectations with strong gains in both sales and profits. The Plymouth-based maker of the Sleep Number bed also announced plans to open more stores than originally expected.
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Select Comfort Corp.'s shares soared 19 percent in after-hours trading Wednesday after the company reported it beat Wall Street expectations with strong gains in both sales and profits, the Associated Press reports.

The Plymouth-based maker of the Sleep Number bed reported a 27.1 percent increase in sales and says profits jumped more than 50 percent, according to a news release.

Select Comfort also announced plans to open more stores than originally expected.

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