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    ZZZ   CA83125J1049

SLEEP COUNTRY CANADA HOLDINGS INC.

(ZZZ)
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Canadian mattress brand Endy launches its first innovation outside of the bedroom: The Endy Sofa

06/09/2021 | 03:40pm EDT
  • Stylish, modular, and easy-to-assemble, with no tools required
  • Designed to fit Canadians' living spaces as an armchair, loveseat, larger sofa, or sectional
  • Free and fast shipping to every province, with deliveries arriving on Canadians' doorsteps in 3.2 days, on average, from order date 

TORONTO, June 8, 2021 /CNW/ - Canadian mattress company Endy knows Canadians. With more than 300,000 Endy Mattresses sold, an average 4.9/5-star rating based on more than 20,000 customer reviews, and an obsession with surpassing customer expectations, the brand is thrilled to bring their knowledge of what Canadians want to the living room, with the launch of their newest product, the Endy Sofa.

The new Endy Sofa is stylish, modular, easy to assemble, and ready to ship. Finally, a sofa that ticks all the boxes.

As Endy's first product launch outside of the bedroom, the Endy Sofa reflects the brand's core ethos, that bringing comfort home should be easy and hassle-free. The sofa is stylish, easy to assemble, and built to last with high-quality materialsall at a price that won't break the bank. Each sofa purchase is backed by a risk-free 30 Night Trial, giving Canadians the opportunity to put the product to the test in their own homes. As with all Endy products, returns are free of charge.

"With the launch of the Endy Sofa, we are taking the Endy promise of ultimate comfort, quality, and customer experience, and bringing it outside of the bedroom for the very first time," said Alexandra Voyevodina, President and GM, Endy. "Our mission at Endy is to help Canadians make their homes more comfortable, with high-quality products from a brand they can trust. We believe our new sofa does exactly that, and we are excited to hear what our customers have to say."

Here is what makes the Endy Sofa the best couch Canadians can buy online:

  • Modern and modular. Designed for small studios, large living rooms, and all spaces in between, the Endy Sofa can be configured as an armchair, loveseat, 3-seater, or L-shape sectional with the addition of the Endy's matching ottoman.

  • Designer details. Made with high-density foam and durable linen-look fabric, The Endy Sofa is designed to stand the test of time. Reversible cushions with a tufted and non-tufted side demonstrate the attention to detail that Endy puts into each of its offerings. The sofa's solid wood legs feature a walnut finish for an elevated flair.

  • Fast and free shipping. While most Canadians looking for a sofa may end up waiting weeks or months for their order to arrive, the Endy Sofa will arrive on customers' doorsteps in 3.2 days, on average, from order date. Shipping is free to every province.

  • 30 Night Trial. Compared with many other online and big box retailers, Endy stands apart in the market by backing each Endy Sofa purchase with a risk-free 30 Night Trial and free returns.

  • Easy assembly. The Endy Sofa is thoughtfully designed to be assembled and disassembled quickly and easily, with no tools required. Each section of the sofa ships in a separate box, so customers can set up, rearrange, and move their sofa in a snap.

For the most up-to-date product and shipping details, visit endy.com.

About Endy. Launched in 2015 and headquartered in Toronto, Endy (endy.com) is revolutionizing the way people sleep, through their ridiculously comfortable, supportive and Canadian-made mattress. Endy stands apart as one of Canada's fastest-growing e-Commerce companies, and its fan-favourite, Canadian-made mattress was recently named Product of the Year Canada 2020 (Mattress-in-a-Box). The brand has expanded its assortment to include The Endy Pillow, The Endy Sheets, The Endy Mattress Protector, The Endy Duvet, The Endy Bed Frame, and The Endy Weighted Blanket. The proudly Canadian company works closely with Canadian charities and hospitals to donate mattresses to families and individuals in need. Endy is a wholly owned subsidiary of Sleep Country Canada Holdings Inc. (TSX:ZZZ).

SOURCE Endy

© Canada Newswire, source Canada Newswire English

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Financials
Sales 2022 980 M 762 M 762 M
Net income 2022 123 M 95,8 M 95,8 M
Net Debt 2022 286 M 222 M 222 M
P/E ratio 2022 -
Yield 2022 3,27%
Capitalization 949 M 738 M 738 M
EV / Sales 2022 1,26x
EV / Sales 2023 1,15x
Nbr of Employees 1 598
Free-Float 97,3%
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Number of Analysts 7
Last Close Price 25,67 CAD
Average target price 38,00 CAD
Spread / Average Target 48,0%
Managers and Directors
Stewart Schaefer President, Chief Executive Officer & Director
Craig de Pratto Chief Financial Officer
Christine A. Magee President
John M. Cassaday Independent Director
Andrew R. G. Moor Independent Director
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