Mattress Firm Holding (MFRM) reported second quarter adjusted EPS of $0.67 Friday morning, up from $0.61 in the previous year. Analysts expected EPS of $0.72. Full year adjusted EPS is expected to be between $2.30 and $2.45. The consensus estimate is for EPS of $2.59.
Mattress Firm has gapped open dramatically lower this morning and is now down 9.80 at $50.54 on above average volume. The stock has plunged to a new low for the year.
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