Mattress Firm Misses Q2 Results, Lowers FY13 Outlook

Mattress Firm Holding Corp. MFRM reports Q2 EPS of $0.43 versus the estimated $0.51, missing by $0.08. EPS were Up 2% from the same quarter last year. Revenue came in at $302.50M versus the estimated $323.42M. Sales were Up 15% year over year. The company lowered FY13 guidance: EPS from $1.90-1.98 to $1.75-1.83 vs $1.95 estimate, sales from $1.237-1.25B to $1.194-1.207B vs $1.24B estimate.