Select Comfort, Guidance vs. Actual
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I prepared these to take a look at the recent history of SCSS management's guidance about business, versus the reality that ensued. After yesterday's startling results, the stock is down 20%. Management is still guiding for "flat to slightly lower" revenues for the year, despite a -22% revenue drop in Q1. Given these graphs, I think SCSS buyers would be prudent to try and model a -25% sales contraction for 2008, and decide what that would be worth.