For the fiscal second quarter ending July 31, 2012, the Company expects sales in a range from $270 million to $275 million, and EPS in a range from $0.26 to $0.29, inclusive of acquisition-related costs of the Mattress Giant acquisition.
A conference call to discuss first quarter results is scheduled for today, June 5, 2012, at 5:00 p.m. ET. The call will be hosted by Steve Stagner, president and chief executive officer, and Jim Black, chief financial officer.
The conference call will be accessible by telephone and the Internet. To access the call, participants from within the U.S. may dial (877) 407-3982, and participants from outside the U.S. may dial (201) 493-6780. Participants may also access the call via live webcast by visiting the Company’s investor relations website at www.mattressfirm.com.The replay of the call will be available from approximately 8:00 p.m. Eastern Time on June 5, 2012 through midnight Eastern Time on June 19, 2012. To access the replay, the domestic dial-in number is (877) 870-5176, the international dial-in number is (858) 384-5517, and the passcode is 394530. The archive of the webcast will be available on the company’s Web site for a limited time. Net Sales and Store Unit Information The components of the net sales increase were as follows (in millions):
|May 1, 2012|
|Thirteen Weeks Ended|
|May 3,||% of||May 1,||% of|
|Furniture and accessories||10.2||6.7||%||14.2||6.8||%|
|Total product sales||148.5||97.8||%||206.0||98.2||%|
|Delivery service revenues||3.4||2.2||%||3.8||1.8||%|
|Total net sales||$||151.9||100.0||%||$||209.8||100.0||%|