Sleep Country Canada Holdings Inc (TSX:ZZZ)
C$ 34.99 0 (0%) Market Cap: 1.19 Bil Enterprise Value: 1.65 Bil PE Ratio: 16.90 PB Ratio: 2.56 GF Score: 57/100

Q3 2022 Sleep Country Canada Holdings Inc Earnings Call Transcript

Nov 07, 2022 / 01:00PM GMT
Release Date Price: C$20.93 (-1.23%)
Operator

Good day. I would like to welcome everyone to Sleep Country's Q3 2022 Results Conference Call.

On Friday, November 4, Sleep Country released financial results for the third quarter of 2022. A copy of the earnings disclosure is available on their Investor Relations website and includes cautionary language about forward-looking statements, risks and uncertainties, which also applies to the discussion during today's conference call.

I would now like to turn the call over to Stewart Schaefer, President and CEO. Please go ahead.

Stewart Schaefer
Sleep Country Canada Holdings Inc. - President, CEO & Director

Thank you, Michelle, and Good morning, everyone. I hope you're all keeping well on this beautiful November morning. With me today is Craig De Pratto, our CFO.

As we reflect on the quarter, the sentiment in consumer spending changed rapidly as the quarter progressed. While we still believe that the consumer remains healthy, consumer confidence has deteriorated during the period that has seen the fastest pace in interest rate hikes

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