Mattress Firm had a busy 2016. Mattress Firm was acquired by South Africa-based Steinhoff International Holdings NV in . That followed several deals in 2015 and Mattress Firm's acquisition of New York-based Sleepy's, . Steinhoff's Mattress Firm for the Houston Business Journal's 2016 Deals of the Year.
Mattress Firm's new space includes four "Siesta Rooms" with a hammock and massage chair in each room; a common area with swings, ping pong tables, board games and a courtyard; a coffee bar that's also equipped to serve wine and beer; a library with a hidden room accessible through one of the bookshelves and a 1,500-square-foot mural by well-known Houston artist Gonzo.
Yesterday, shares of Mattress Firm announced quarterly earnings that missed analysts expectations sending the shares lower in after-market trading. According to as posted by Yahoo Finance ” For the average investor all of these numbers can get quite confusing when it seems revenues rose yet earning per share lagged poorly which came from from new or acquired stores. Shares were only off modestly, down 1.56% or .96 at $60.70 in after-market trading. During the regular trading session on Tuesday the stock closed up $1.43 or 2.37% at $61.66.