To get from Point A to Point B with effectiveness and confidence, strategic-thinking businesses answer “How” BY ANDY SLIPHER How do we get it done What’s our next move Now that we know what we want and why we’re here, where do we begin You’ve likely heard variations of these questions in your business — […]...
Houston-based sleep shop chain Mattress Firm emerged from Chapter 11 bankruptcy Nov. 11, 2018, having filed voluntarily on Oct. 5 at the U.S. Bankruptcy Court in Delaware. At the time of filing, the company had said it hoped to exit bankruptcy within 45 to 60 days. It planned to implement a prepackaged plan of reorganization […]...
Minneapolis-based Sleep Number Corp. posted strong earnings in its third quarter of 2018, which ended Sept. 29. Net sales of $415 million reflected a 3% increase. But when adjusted for a shift in its order backlog and hurricane impacts from one year ago, revenue rose 12%, the company said. During the quarter Sleep Number concluded […]...
Diversified manufacturer Leggett & Platt Inc. reported net sales of $1.09 billion during the third quarter of fiscal 2018, which ended Oct. 25. It is an 8% increase compared with third-quarter 2017. Net earnings for the quarter increased 9% to $90 million. Earnings per share were $0.67, missing Wall Street analysts’ estimates (Zacks Investment Research) […]...
Tempur Sealy International Inc., headquartered in Lexington, Kentucky, reported net sales of $729.5 million, an increase of 2.5%, in its fiscal third quarter of 2018, which ended Sept. 29. The revenue rise missed Wall Street analysts’ (FactSet) expectations of $741.9 million in sales. On a constant-currency basis, total net sales increased 3.4%, with an increase […]...
On Oct. 18, importer Kikkerland Design Inc. of New York recalled about 3,600 wireless charger bedside pockets manufactured in China because they can overheat, posing fire and burn hazards, according to the U.S. Consumer Product Safety Commission. Kikkerland has received three reports of smoke coming from the charger pockets. No injuries have been reported in […]...