For the third quarter of fiscal 2009, net sales were $147.5 million, down 6%, compared to $157.2 million for the third quarter of fiscal 2008.

For the first nine months of fiscal 2009, net sales were $407.7 million, down 14.6%, compared to $477.5 million for the same period of fiscal 2008. Net income totaled $0.2 million, or $0.01 per diluted share, compared to a net loss of $12.7 million, or $0.29 per diluted share, for the first nine months of 2008.

Bill McLaughlin, president and CEO of Select Comfort, said: "Third quarter results improved significantly as our focus on controlling costs, building our brand for improved sales and preserving cash helped mitigate the impact of ongoing market volatility. While our business has begun to stabilize and we're beginning to experience its longer-term potential, economic and market conditions remain uncertain. Therefore, we are planning and managing conservatively, while prepared to capitalize on growth as we see opportunities."

A service of YellowBrix, Inc.