Sector: Consumer Cyclicals | Industry: Home Furnishings Retailers |
Company Contact | |
Address: | 7920 Airport Rd BRAMPTON ON L6T 4N8 |
Tel: | 1-289-7840206 |
Website: | https://www.sleepcountry.ca |
IR: | See website |
Key People | ||
Craig De Pratto Chief Financial Officer, Corporate Secretary | Alexandra Voyevodina-Wang President and General Manager, Endy Canada Inc. | Lynne Feldman Chief People Officer | David Howcroft Chief Sales Officer |
Business Overview |
Sleep Country Canada Holdings Inc. is an omnichannel specialty sleep retailer with a national retail store network and multiple ecommerce platforms. The Company has approximately 290 corporate-owned stores and 20 warehouses across Canada. It operates under retail brand banners, such as Sleep Country Canada, Dormez-vous, Endy, Hush, and Silk & Snow. Its Sleep Country Canada is an omnichannel mattress and bedding retailer and the specialty sleep products retailer operates in Canada, excluding Quebec. Dormez-vous has its omnichannel operations in Quebec. Endy is a direct-to-consumer online sleep solutions retailer and Hush is a digital sleep retailer. It offers a selection of mattresses, metal frames, lifestyle bases and an assortment of sleep-related products, which include pillows, pillowcases, sheets, blankets, throws, duvets, duvet covers, mattress toppers, mattress protectors, pet beds, sleep essentials, weighted blankets, headboards, bath towels, footboards, and platforms. |
Financial Overview |
For the nine months ended 30 September 2023, Sleep Country Canada Holdings Inc revenues decreased 1% to C$679.4M. Net income applicable to common stockholders decreased 30% to C$48.7M. Revenues reflect Retail Sales - Total decrease of 33% to C$462.2M. Net income also reflects Media and advertising expenses increase of 15% to C$58.9M (expense), Salaries, wages and benefits increase of 24% to C$37.8M (expense). |
Employees: | 1,600 as of Dec 31, 2022 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $1,201M as of Sep 30, 2023 |
Annual revenue (TTM): | $922.47M as of Sep 30, 2023 |
EBITDA (TTM): | $190.95M as of Sep 30, 2023 |
Net annual income (TTM): | $89.19M as of Sep 30, 2023 |
Free cash flow (TTM): | $83.34M as of Sep 30, 2023 |
Net Debt Last Fiscal Year: | $416.88M as of Sep 30, 2023 |
Shares outstanding: | 34,640,962 as of Sep 30, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |