Mattress Firm Holding Corp. (MFRM) SEC Filing 10-K Annual report for the fiscal year ending Tuesday, February 2, 2016

Exhibit 99.1

FOR IMMEDIATE RELEASE

MATTRESS FIRM ANNOUNCES FOURTH FISCAL QUARTER AND FULL FISCAL YEAR 2015 FINANCIAL RESULTS

— Tenth Consecutive Quarter and Sixth Consecutive Year of Comparable-Store Sales Growth —

— Achieved 90 basis points of Adjusted EBITDA Margin Improvement in Q4 —

— Q4 GAAP EPS Increased Approximately 95% to $0.37 and Adjusted EPS Increased 29% to $0.53 —

— Provides Guidance for Q1 and Full Fiscal Year 2016 —

HOUSTON, March 21, 2016 /BUSINESSWIRE/ — Mattress Firm Holding Corp. (the “Company”) (NASDAQ: MFRM), the nation’s largest specialty mattress retailer, today announced its financial results for the fourth fiscal quarter (13 weeks) and full fiscal year (52 weeks) ended February 2, 2016.  Net sales for the fourth fiscal quarter increased 3.4% over the prior year (14 weeks) to $618.6 million, reflecting comparable-store sales growth of 0.7% and incremental sales from new and acquired stores. The Company reported fourth fiscal quarter earnings per diluted share (“EPS”) on a generally accepted accounting principles (“GAAP”) basis of $0.37, and EPS on a non-GAAP adjusted basis, excluding acquisition-related costs, fixed asset impairment costs and severance charges (“Adjusted”), of $0.53.

Reported sales results and expected GAAP and Adjusted EPS are preliminary and remain subject to audit and adjustment until the filing of the Company’s Annual Report on Form 10-K with the U.S. Securities and Exchange Commission.  The Company expects to report its finalized fourth fiscal quarter and full fiscal year results in early April.

Expected diluted EPS on a GAAP basis and Adjusted basis are reconciled in the table below:

Fourth Fiscal Quarter and Full Fiscal Year Reconciliation of GAAP to Adjusted EPS and Adjusted Cash EPS
See “Reconciliation of Reported (GAAP) to Adjusted Statements of Operations Data” for Notes

* Due to rounding to the nearest cent, totals may not equal the sum of the lines in the table above.

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