Sleep Country earnings rise as direct-to-consumer brands help buffer softer spending

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Sleep Country earnings rise as direct-to-consumer brands help buffer softer spending
Toronto-Based CompanyCEO Stewart SchaeferThe Canadian Press
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TORONTO — Sleep Country Canada Holdings Inc. says it earned $15.8 million in its second quarter, up from $12.7 million a year earlier.

The Toronto-based company says its revenues for the quarter were $232.5 million, up from $217.2 million during the second quarter of 2023.Sleep Country president and CEO Stewart Schaefer says the company's direct-to-consumer lines were what primarily drove growth during the quarter, as consumers looked for promotions and lower prices.

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Toronto-Based Company CEO Stewart Schaefer The Canadian Press

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