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Select Comfort Posts 4Q Income of $35.3 Million; Year-End Profit $35.6 Million
February 11, 2010 From News
Specialty sleep retailer Select Comfort Corp. (NASDAQ: SCSS) posted net income of $35.3 million for the fourth quarter ended Jan. 2, compared to a net loss of $57.4 million during the same period last year.
 
Select Comfort Closes Public Offering
December 14, 2009 From News
Select Comfort Corp. (NASDAQ: SCSS) today closed its previously announced underwritten public offering of 3.8 million shares of its common stock at a public-offering price of $4.75 per share
 
Select Comfort Sets Stock Price
December 9, 2009 From News
Specialty sleep retailer Select Comfort Corp. (NASDAQ: SCSS) has set the common stock price for its upcoming public offering at $4.75 a share.
 
Select Comfort, Sterling Partners Come to New Agreement
October 5, 2009 From News
Specialty bedding supplier and retailer Select Comfort Corp. (NASDAQ: SCSS) has terminated the securities purchase agreement that it had entered into with Sterling Partners in May and entered into a new purchase agreement.
 
Select Comfort Legal Battles Continue
September 9, 2009 From News
Specialty bedding retailer Select Comfort Corp. (NASDAQ: SCSS) has now been sued by a shareholder who would have likely been named president and CEO if the failed Sterling Partners stock buy had been approved.
 
Potential Investor Files Restraining Order Against Select Comfort
September 3, 2009 From News
Sterling Partners, the financial firm looking to acquire 52.3 percent controlling interest in Select Comfort Corp. (NASDAQ: SCSS), has filed for a temporary restraining order and other court actions against Select Comfort in the Court of Chancery of the State of Delaware.
 
Select Comfort Shareholder Vote to Undergo Recount
September 2, 2009 From News
Minneapolis-based Select Comfort Corporation (NASDAQ: SCSS) said its shareholders rejected a proposed transaction in which Sterling Partners would have acquired 50 million shares at 70 cents per share. The shareholder vote is undergoing a recount.
 
Select Comfort July Sales Down 10%
August 12, 2009 From News
Minneapolis-based bedding retailer Select Comfort Corporation (NASDAQ: SCSS) reported that overall July 2009 sales fell 10 percent, and retail sales dropped 7 percent compared with the same month last year.
 
Select Comfort Reports 2nd Quarter $4 Million Loss
July 24, 2009 From News
Select Comfort Corp. (NASDAQ: SCSS) reported a net loss of $4 million in the second quarter ended July 4 compared to a loss of $6.6 million during the same quarter of last year.
 
Sterling Partners to Invest Majority Stake in Select Comfort
May 26, 2009 From News
Specialty bedding company Select Comfort Corp. (NASDAQ: SCSS) has entered into a securities purchase agreement with Sterling Partners, a U.S.-based private equity firm.