| Business Summary | | Select
Comfort
Corp.
is
a
manufacturer,
specialty
retailer
and
direct
marketer
of
premium
quality,
adjustable-firmness
beds
and
other
sleep-related
products.
The
Company's
products
address
broad-based
consumer-sleep
problems,
resulting
in
a
better
night's
sleep.
The
Company's
Firmness
Control
System
allows
customers
to
independently
customize
each
side
of
the
Sleep
Number
bed
to
their
ideal
level
of
firmness,
comfort
and
support.
As
of
December
30,
2000,
the
Company's
retail
operations
included
333
stores
in
45
states,
including
25
leased
departments
within
larger
retail
stores. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Select
Comfort
Corporation
is
a
vertically
integrated
manufacturer,
specialty
retailer
and
direct
marketer
of
air
beds
and
sleep-related
products.
For
the
six
months
ended
6/30/01,
revenues
fell
7%
to
$128.2
million.
Net
loss
totaled
$13.4
million,
up
from
$6.5
million.
Revenues
reflect
a
decrease
in
direct
marketing
sales,
retail
sales
and
sales
from
the
e-commerce
channel.
Higher
loss
reflects
$488
thousand
in
store
closing
and
asset
impairment
costs. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Patrick Hopf, 51 | Chairman | William McLaughlin, 43 | Pres,
CEO | Mark Kimball, 41 | Sr.
VP, CAO, Gen. Counsel, Sec. | Ted Atkinson | Sr.
VP of Marketing | Tracey Breazeale, 33 | Sr.
VP, Strategic Planning and Branding |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|