(TRX, CROX, MFRM) PennyOmega.com Watch List for Wed Jan. 11, 2012
January 10 Jan 2012 | 16:53
CROX, Crocs, Inc.
** CROX reported that it expects annual revenue to surpass $1 billion for the first time when the Company reports results for the year ended December 31, 2011, compared with $790 million in the same period the prior year
CROX now estimates that fourth quarter revenue will be at the high end of the prior guidance of $200 to $205 million.
A world leader in innovative casual footwear for men, women and children, CROX offers several distinct shoe collections with more than 250 styles to suit every lifestyle.
More about CROX at www.crocs.com
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MFRM, Mattress Firm Holding Corp.
** MFRM is raising its net revenue and comparable-store sales guidance for fiscal 2011 ending January 31, 2012.
For fiscal 2011, MFRM now expects net revenue to be in the range from $690 million to $695 million, compared to net revenue of $494 million for fiscal 2010 ended February 1, 2011. MFRM previously disclosed expected net revenue ranging from $685 million to $690 million for fiscal 2011.
According to MFRM, comparable-store sales for fiscal 2011 are expected to reflect an increase of 18% to 19%. MFRM previously disclosed an expected increase in comparable-store sales of 16% to 17% for fiscal 2011.
MFRM is one of the nation’s leading specialty bedding retailers, offering a broad selection of both traditional and specialty mattresses from leading manufacturers, including Sealy, Serta, Simmons, Stearns & Foster and Tempur-Pedic.
More about MFRM at www.mattressfirm.com
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TRX, Tanzanian Royalty Exploration Corporation
** According to TRX, a diamond drilling program at its Buckreef Gold Project in Tanzania has returned some of the highest grade gold values encountered to date. The 2012 drill program is focused on testing high priority targets along the northeast extension of the Main Buckreef deposit.
TRX, an exploration stage company, engages in the acquisition, financing, exploration, and development of mineral properties. TRX primarily explores for gold or other precious metals.
More about TRX at www.tanzanianroyalty.com
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Tags: AMEX:TRX, Crocs Inc., CROX, Mattress Firm, MFRM, NASDAQ:CROX, NASDAQ:MFRM, Tanzanian Royalty
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