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Sleep Country Canada Holdings Inc. (T:ZZZ)

Business Focus: Soft Furnishing Retailers

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 fiscal year ended 31 December 2023, Sleep Country Canada Holdings Inc revenues increased 1% to C$935M. Net income decreased 36% to C$71.2M. Revenues reflect Retail Sales-Accessory increase of 5% to C$230.8M. Net income was offset by Media and advertising expenses increase of 16% to C$87.1M (expense), Salaries, wages and benefits increase of 13% to C$48.5M (expense). Dividend per share increased from C$0.86 to C$0.95.
Employees: 1,696 as of Dec 31, 2023
Reporting Currency: Canadian Dollars
Enterprise value: $1,385M as of Dec 31, 2023
Annual revenue (TTM): $935.04M as of Dec 31, 2023
EBITDA (TTM): $190.46M as of Dec 31, 2023
Net annual income (TTM): $71.19M as of Dec 31, 2023
Free cash flow (TTM): $78.54M as of Dec 31, 2023
Net Debt Last Fiscal Year: $450.42M as of Dec 31, 2023
Shares outstanding: 33,888,779 as of Apr 8, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization