/Top 100: Gallery, Select Comfort lead in performance

Top 100: Gallery, Select Comfort lead in performance

Clint Engel
HIGH POINT — It’s getting to be a broken record, but Gallery Furniture again took the crown in two out of three Top 100 performance categories, duking it out with Select Comfort, which was tops in the third.

The Houston-based Gallery, No. 56 on the Top 100, was the sales-per-square-foot leader, reporting an average of $1,600 — blowing away all comers as well as the $289 median for the 49 companies for which estimates were available.

Gallery’s stock turns also were tops (again) among the Top 100, turning an average of 28 times.

In both categories, No. 12 Select Comfort was second again with sales per square foot averaging $1,264  —the only other retailer to top $1,000 — and stock turning an average of 23 times.

The Minneapolis-based airbed maker and retailer was the leader in the gross margin category with a 59.4% average, followed by No. 91 Domain at 52.1%, and No. 3 Pier 1 Imports at 51.6%.