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 |