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(Graphic: Business Wire)

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 Web site at http://www.mattressfirm.com.

The replay of the call will be available from approximately 8:00 p.m. Eastern Time on March 26, 2013 through midnight Eastern Time on April 9, 2013. 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 410722. 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):

   

Increase (Decrease) in Net Sales

Thirteen Weeks     Fifty-Two Weeks
Ended Ended
January 29, 2013 January 29, 2013
Comparable-store sales $ (2.9 ) $ 41.9
New stores 27.0 120.8
Acquired stores 47.5 148.8
Closed stores   (1.9 )   (8.1 )
$ 69.7   $ 303.4  
 

The composition of net sales by major category of product and services were as follows (in millions):

    Thirteen Weeks Ended     Fifty-Two Weeks Ended
January 31,     % of     January 29,     % of January 31,     % of     January 29,     % of
2012 Total 2013 Total 2012 Total 2013 Total
Specialty mattresses $ 93.8 49.7 % $ 126.2 48.9 % $ 318.9 45.3 % $ 504.9 50.1 %
Conventional mattresses 78.4 41.6 % 110.8 42.9 % 323.4 45.9 % 418.0 41.5 %
Furniture and accessories   12.6 6.7 %   16.5 6.4 %   46.4 6.6 %   65.7 6.5 %
Total product sales 184.8 98.0 % 253.5 98.2 % 688.7 97.8 % 988.6 98.1 %
Delivery service revenues   3.8 2.0 %   4.7 1.8 %   15.2 2.2 %   18.7 1.9 %
Total net sales $ 188.6 100.0 % $ 258.2 100.0 % $ 703.9 100.0 % $ 1,007.3 100.0 %
 

Prior-year components of the Company’s net sales have been reallocated between specialty mattresses and conventional mattresses to be consistent with current-year presentation.

Stock quotes in this article: MFRM 

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