Tag Archives: Steve Stagner

Mattress Firm Ups Three Execs

Ken Murphy

HOUSTON-Mattress Firm executives Ken Murphy, Sam Woods and Kindel Elam have been promoted to new roles at the specialty mattress retailer. Murphy, who had been executive vice president of sales and operations, has been appointed to the previously vacant position of chief operating officer. Murphy now oversees sales and operations, marketing, merchandising, information technology, businessMore »

Mattress Firm Deals for Additional Stores

Mattress Firm

HOUSTON-Mattress Firm has made three deals that will add about 93 stores to its store base. The company has entered into an agreement to acquire the outstanding equity interests of Sleep Experts Partners, which operates Sleep Experts stores in Texas. It has also completed the acquisition of Yotes, which operates stores under the Mattress FirmMore »

Mattress Firm Net Climbs 45.6 Percent in Q3

Mattress Firm

HOUSTON-With sales rising from both existing and recently acquired stores, Mattress Firm logged a 45.6 percent gain in third-quarter net income, which totaled $18.1 million. Total net sales in the quarter, which ended on Oct. 29, were $326.2 million, up 17.7 percent and including a gain in same-store sales of 2.9 percent. Speaking yesterday inMore »

Mattress Firm Net Leaps 40 Percent in Q2

Mattress Firm

HOUSTON-Increased sales, especially from new and recently acquired stores, fueled Mattress Firm to a 40 percent gain in net income in its fiscal second quarter, to $14.1 million. Net sales in the quarter, which ended on July 30, rose 15.5 percent to $302.5 million. Steve Stagner, Mattress Firm’s president and CEO, said the revenue pickupMore »