Mattress Firm Group, Inc.

General Information
Business:
We are the largest omni-channel mattress specialty retailer in the United States (based on U.S. retail mattress revenue), offering our customers an exceptional personalized experience, whether in-store or online. We meet our customers wherever they choose to interact with our expertise-led ecosystem, whether in our 2,353 conveniently located retail stores nationwide (as of Sept. 28, 2021) or on our digital platforms, including MattressFirm.com and Sleep.com. Our customers can experience and compare the leading mattress brands in a single place, with a comprehensive and diversified product suite across comfort, style and prices and use data and digital tools, such as MattressMatcher, our proprietary, machine-learning enabled tool that helps match customers to their perfect mattress and identify products that will help them achieve a great night’s sleep. We have heard our customers’ demand for selection, innovation and technology and we constantly re-assess and curate our product offering accordingly.
We are the No. 1 retailer for Tempur-Pedic, Serta, Sealy, Purple, Stearns & Foster and Beautyrest brands (based on our purchases of units from these U.S. mattress vendors in 2020).
Our customer experience goes beyond our showrooms and speedy in-home delivery options, as we use our engaging digital platforms, like Sleep.com, and our digital tools, like MattressMatcher, and data-driven partnerships, like SleepScore, to educate our customers about how sleep affects one’s health and how to sleep better. Our team of more than 6,500 highly trained “Sleep Experts” serves our communities every day, working and learning diligently to earn America’s trust as true experts in sleep.
Note: Revenue and net loss figures are for fiscal 2021.
Industry: Retailer - Mattresses
Employees: 6500
Founded:
Contact Information
Address 10201 S. Main Street Houston, Texas 77025
Phone Number (866) 942-3551
Web Address http://www.mattressfirm.com/
View Prospectus: Mattress Firm Group, Inc.
Financial Information
Market Cap
Revenues $4392.9 mil (last 12 months)
Net Income $-165.1 mil (last 12 months)
IPO Profile
Symbol MFRM
Exchange NYSE
Shares (millions): 0.0
Price range $0.00 - $0.00
Est. $ Volume $100.0 mil
Manager / Joint Managers Goldman Sachs/Barclays/Jefferies/UBS Investment Bank/ Guggenheim Securities/Piper Sandler/Truist Securities
CO-Managers KeyBanc Capital Markets/ Raymond James/ Wedbush Securities/ Telsey Advisory Group/Loop Capital Markets/ Academy Securities/Ramirez & Co.
Expected To Trade:
Status: TBA
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
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