Sleep Country Canada Holdings

ZZZ-T

TSE:ZZZ

19.79
0.19 (0.97%)
Sleep Country Canada Inc. is a Canadian mattress retailer, with over 185 stores operating in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, New Brunswick, PEI and Nova Scotia.
More at Wikipedia

Analysis and Opinions about ZZZ-T

Signal
Opinion
Expert
HOLD
HOLD
August 17, 2017

(Market Call Minute) It is relatively expensive. Good management, growth and earnings, however.

(Market Call Minute) It is relatively expensive. Good management, growth and earnings, however.

Bruce Campbell (1)
President, Campbell and Lee InvMngmnt
Price
$34.070
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
July 26, 2017

(A Top Pick July 27/16. Up 46.11%.) This continues to execute very well. It has pulled back of late, which is probably from rotation out of the sector. They will be reporting next week, and he expects pretty strong sales again. They’ll probably be helped by all the trouble at Sears, one of their big competitors.

(A Top Pick July 27/16. Up 46.11%.) This continues to execute very well. It has pulled back of late, which is probably from rotation out of the sector. They will be reporting next week, and he expects pretty strong sales again. They’ll probably be helped by all the trouble at Sears, one of their big competitors.

Bruce Campbell (2)
President & Portfolio Manager, Stone Castle Investment Management Inc.
Price
$38.580
Owned
Yes
BUY
BUY
July 17, 2017

In a good competitive landscape it is focused on the mattress landscape. Its biggest competitors like Sears, are not having a good time of it. Good advertising and refurbishment of their stores is really helping them. It is one he has owned for several months and will likely to continue to own.

In a good competitive landscape it is focused on the mattress landscape. Its biggest competitors like Sears, are not having a good time of it. Good advertising and refurbishment of their stores is really helping them. It is one he has owned for several months and will likely to continue to own.

Brendan Caldwell
President, Caldwell Securities
Price
$40.010
Owned
Yes
BUY
BUY
July 13, 2017

It has a good run this year based on Sears mattresses. They also had good numbers. There is also a scarcity for consumer stocks in Canada. This is a stable name a decent long term hold. You want to go and test a mattress.

It has a good run this year based on Sears mattresses. They also had good numbers. There is also a scarcity for consumer stocks in Canada. This is a stable name a decent long term hold. You want to go and test a mattress.

Jerome Hass
Portfolio Manager, Lightwater Partners
Price
$40.690
Owned
Yes
PAST TOP PICK
PAST TOP PICK
July 6, 2017

(A Top Pick June 6/16. Up 77.73%.) They’ve done very well in executing their marketing campaign. Have been pulling back and not advertising as much. They’ve been taking market share from Department stores as well as adding higher margin accessories.

(A Top Pick June 6/16. Up 77.73%.) They’ve done very well in executing their marketing campaign. Have been pulling back and not advertising as much. They’ve been taking market share from Department stores as well as adding higher margin accessories.

Jim Huang
President, T.I.P. Wealth Management
Price
$41.850
Owned
Yes
PAST TOP PICK
PAST TOP PICK
June 22, 2017

(Top Pick Jun 30/16, Up 75%) They continued to execute very well and have grown business at the stores and got into accessories where they drive more business at a higher margin. Now they moved up because of recent announcements by Sears.

(Top Pick Jun 30/16, Up 75%) They continued to execute very well and have grown business at the stores and got into accessories where they drive more business at a higher margin. Now they moved up because of recent announcements by Sears.

Bruce Campbell (2)
President & Portfolio Manager, Stone Castle Investment Management Inc.
Price
$41.070
Owned
Yes
DON'T BUY
DON'T BUY
June 19, 2017

He used to be short it. It is an expensive shop. There are some short term benefits with Sears potentially getting out of the mattress business. There are regulatory and competitive changes on the landscape for this one.

He used to be short it. It is an expensive shop. There are some short term benefits with Sears potentially getting out of the mattress business. There are regulatory and competitive changes on the landscape for this one.

Veeral Khatri
Partner and Portfolio Manager, JC Clark
Price
$38.920
Owned
No
HOLD
HOLD
April 4, 2017

This company has executed and continue to do so. They’ve built out a great franchise. In the meantime, all their competitors are shrinking away from the Canadian market. He would stick with this.

This company has executed and continue to do so. They’ve built out a great franchise. In the meantime, all their competitors are shrinking away from the Canadian market. He would stick with this.

Gerard Ferguson
CEO & Portfolio Manager, Jemekk Capital Management
Price
$32.640
Owned
No
PAST TOP PICK
PAST TOP PICK
March 20, 2017

(A Top Pick March 1/16. Up 70%.) Not a cheap stock, but continues to be justified because some of the former competition is no longer in effect, which has left a lot of market share up for grabs.

(A Top Pick March 1/16. Up 70%.) Not a cheap stock, but continues to be justified because some of the former competition is no longer in effect, which has left a lot of market share up for grabs.

Jim Huang
President, T.I.P. Wealth Management
Price
$31.890
Owned
Yes
PAST TOP PICK
PAST TOP PICK
March 8, 2017

(A Top Pick Sept 16/16. Up 6.37%.) Expanding into the higher margin accessories line, scented pillows, duvet covers, etc. They are also renovating 15-20 of their stores every year. The competitive profile favours them.

(A Top Pick Sept 16/16. Up 6.37%.) Expanding into the higher margin accessories line, scented pillows, duvet covers, etc. They are also renovating 15-20 of their stores every year. The competitive profile favours them.

William Chin
Portfolio manager, Caldwell Investment Management
Price
$32.070
Owned
Yes
TOP PICK
TOP PICK
March 8, 2017

This is not just selling mattresses, but are also selling accessories, which are higher margin lines of products. It is doing very well, which is reflected in the charts. If the company is doing well, you will see investors appreciate that and adding value to the stock price, and we are seeing that. Dividend yield of 1.84%. (Analysts’ price target is $36.)

This is not just selling mattresses, but are also selling accessories, which are higher margin lines of products. It is doing very well, which is reflected in the charts. If the company is doing well, you will see investors appreciate that and adding value to the stock price, and we are seeing that. Dividend yield of 1.84%. (Analysts’ price target is $36.)

William Chin
Portfolio manager, Caldwell Investment Management
Price
$32.070
Owned
Yes
HOLD
HOLD
January 3, 2017

Has done a great job taking a huge market share away, from Sears in particular. It got to the $34-$35 range which was a little ahead of itself. Dips provide an opportunity. In Canada, there aren’t many choices in consumer that have the growth, but this is one of them. He has a Top Pick which is his choice. The company is well-managed and a good Hold here. Because of the multiple, you don’t get multiple expansion, you only get earnings growth. However, you could probably make 10%-20% profit on this. Dividend yield of just over 2%.

Has done a great job taking a huge market share away, from Sears in particular. It got to the $34-$35 range which was a little ahead of itself. Dips provide an opportunity. In Canada, there aren’t many choices in consumer that have the growth, but this is one of them. He has a Top Pick which is his choice. The company is well-managed and a good Hold here. Because of the multiple, you don’t get multiple expansion, you only get earnings growth. However, you could probably make 10%-20% profit on this. Dividend yield of just over 2%.

Bruce Campbell (1)
President, Campbell and Lee InvMngmnt
Price
$28.460
Owned
No
TOP PICK
TOP PICK
December 29, 2016

High single digit same store sales growth which is unknown by retailers in Canada. Growth in Accessories is close to 20% on a same store sales basis. (Analysts’ Target: $34.50).

High single digit same store sales growth which is unknown by retailers in Canada. Growth in Accessories is close to 20% on a same store sales basis. (Analysts’ Target: $34.50).

Steve Belisle
Senior Portfolio Manager & Managing Director, Manulife Asset Management
Price
$28.460
Owned
Yes
COMMENT
COMMENT
December 29, 2016

He likes this company. There is a real scarcity of consumer stocks in Canada, and this one fits that bill. He was cautious on the IPO, because it was a private equity one, and he is always leery about private equity. Last year they did 11% same-store sales, and this year they are on track to do about 9.5%. Even if they can do 5% same-store sales, that is very impressive. A good name, and not particularly expensive.

He likes this company. There is a real scarcity of consumer stocks in Canada, and this one fits that bill. He was cautious on the IPO, because it was a private equity one, and he is always leery about private equity. Last year they did 11% same-store sales, and this year they are on track to do about 9.5%. Even if they can do 5% same-store sales, that is very impressive. A good name, and not particularly expensive.

Jerome Hass
Portfolio Manager, Lightwater Partners
Price
$28.460
Owned
Yes
TOP PICK
TOP PICK
December 8, 2016

During the downturn in the financial crisis, they cut back on spending, and the sales growth slowed down. Now they have started spending again, sales growth has started to pick up. They are taking market share away from Sears, the Bay, etc. They are also adding ancillary products of pillowcases, etc., which actually have higher margins than the mattresses themselves. There is a lot of upside remaining in this. Dividend yield of 2.14%. (Analysts’ price target is $34.50.)

During the downturn in the financial crisis, they cut back on spending, and the sales growth slowed down. Now they have started spending again, sales growth has started to pick up. They are taking market share away from Sears, the Bay, etc. They are also adding ancillary products of pillowcases, etc., which actually have higher margins than the mattresses themselves. There is a lot of upside remaining in this. Dividend yield of 2.14%. (Analysts’ price target is $34.50.)

Jim Huang
President, T.I.P. Wealth Management
Price
$28.950
Owned
Yes
Showing 31 to 45 of 69 entries