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Actionable news in MFRM: Mattress Firm Holding Corp.,

Mattress Firm's Lower Guidance May Keep Investors Awake Tonight

Shares of Mattress Firm (MFRM) fell as much as 13% in post-market trading Thursday after the Houston-based bedmaker slashed its 2016 earnings-per-share guidance to $2.25 to $2.35 from March estimates of $2.50 to $2.60.

An adjusted loss of 10 cents per share also missed analyst forecasts by 152%, while sales of $839 million missed the consensus estimate by more than 3%.

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