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Slide #4. Mattress Firm Holding Corp. — Sleep Experts
Mattress Firm Holding Corp. (MFRM)
Mattress Firm Holding Corp. (NASDAQ:MFRM), the leading retailer of mattresses and accessories in the United States, announced that the acquisition of the outstanding partnership interests in Sleep Experts Partners, L.P. was completed today. With the acquisition, Mattress Firm expects to operate an additional 55 stores in the Dallas and Austin markets, two of Mattress Firm's core markets.
Mattress Firm Holding is a holding company. Through its subsidiaries, Co. is a retailer of mattresses and related products and accessories. As of Feb 2 2016, Co. and its franchisees operated over 2,400 stores, primarily under the Mattress Firm® and Sleep Train ® brand names, in 105 markets across 41 states. Co. operates through two reportable segments: retail operations, which comprise company-operated stores, its e-commerce website operations and multi-channel sales operations; and franchise operations, which consists primarily of franchisee-operated mattress specialty stores.
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Hold (2.25 out of 4)
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
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