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Select Comfort Corporation stock price
Select Comfort Corporation latest news:
Mattress maker Select Comfort shares fall 5% after earnings miss
Shares of Select Comfort Corp. fell more than 5% late Tuesday after the mattress maker reported third-quarter earnings and sales below expectations. The company said it earned $25.6 million, or 62 cents a share, in the quarter, compared with $25.7 million, or 56 cents a share, a year ago. Sales reached $403 million, up from $368 million a year ago. Analysts polled by FactSet had expected earnings of 68 cents a share on sales of $414 million. The stock ended the regular session down 0.6%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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