8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C.  20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF

The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): December 27, 2005

SELECT COMFORT CORPORATION

(Exact name of registrant as specified in its charter)

Minnesota

(State or other jurisdiction of incorporation or organization)

0-25121	41-1597886
(Commission File No.)	(IRS Employer Identification No.)

6105 Trenton Lane North, Minneapolis, Minnesota 55442

(Address of principal executive offices)(Zip Code)

(763) 551-7000

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

ITEM 7.01. REGULATION FD DISCLOSURE

On December 27, 2005, Select Comfort Corporation issued a press release announcing a five-year agreement to extend its consumer financing arrangement with GE Consumer Finance, Retail Sales Finance. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS

(c)Exhibits.

Exhibit 99.1Press Release dated December 27, 2005

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	SELECT COMFORT CORPORATION
	(Registrant)
Dated: December 27, 2005	By:/s/ Kevin Larson
	Title:Controller

INDEX TO EXHIBITS

The exhibits listed in this index are being furnished pursuant to Item 9.01 of Form 8-K and shall not be deemed “filed” for purposes of the Securities Exchange Act of 1934, as amended, or incorporated by reference into any document filed under the Securities Act of 1933, as amended, or under the Securities Exchange Act of 1934, as amended, except as otherwise expressly stated in any such filing.

Exhibit No.Description of Exhibit

99.1Press Release dated December 27, 2005

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EX-99.1

FOR IMMEDIATE RELEASE                                                           Exhibit 99.1

Contact: Anna Lovely Select Comfort Corporation (763) 551-7460 anna.lovely@selectcomfort.com    Mike Ettlemyer GE Consumer Finance (203) 585-6791 Michael.ettlemyer@ge.com 

SELECT COMFORT EXTENDS RELATIONSHIP WITH GE CONSUMER FINANCE

Reaches five-year agreement to provide consumer credit

MINNEAPOLIS - (Dec. 27, 2005) - Select Comfort Corporation (NASDAQ: SCSS), the leading bed retailer in the U.S.¹ and creator of the Sleep Number^® bed, today announced a five-year agreement to extend its consumer financing arrangement with GE Consumer Finance, Retail Sales Finance, a consumer lending unit of the General Electric Company (NYSE:GE).

The agreement extends an existing agreement that dates back to 1999. Under terms of the agreement, GE will manage the risk management, collections and payment processing functions for qualified buyers of the company’s Sleep Number bed and accessories that elect to finance their purchases.

“Select Comfort has been a valuable business partner and we’re delighted to continue this relationship as they continue to grow their business,” said Glenn Marino, president and chief executive officer of GE Consumer Finance's Retail Sales Finance unit. “We look forward to serving their customers with a convenient credit program that will help Select Comfort enhance customer loyalty.”

“GE is a proven leader in the consumer financing industry,” said James C. Raabe, Select Comfort’s chief financial officer. “Extending our relationship will enable us to expand the promotional financing opportunity for our customers, and allow us to leverage the scale provided by our growth and improve operating margins.”

About Retail Sales Finance and GE Consumer Finance

Retail Sales Finance, based in Kettering, Ohio, is part of GE Consumer Finance and provides private label credit card programs, marketing, installment lending and financial services for national and regional retailers in key industries: jewelry, home improvement, powersports,

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outdoor equipment, automotive/recreational vehicles, consumer electronics and appliances, furniture, floor covering, and health care. With $150 billion in assets, GE Consumer Finance, a unit of General Electric Company, is a leading provider of credit services to consumers, retailers and auto dealers in 47 countries around the world. GE Consumer Finance, based in Stamford, Conn. (USA), offers a range of financial products, including private label credit cards, personal loans, bank cards, auto loans and leases, mortgages, corporate travel and purchasing cards, debt consolidation and home equity loans and credit insurance. More information can be found online at www.geconsumerfinance.com. GE (NYSE: GE) is a diversified technology, media and financial services company dedicated to creating products that make life better. For more information, visit www.ge.com.

About Select Comfort

Founded in 1987, Select Comfort Corporation is the leading bed retailer in the U.S.⁽¹⁾, holding 32 U.S. issued or pending patents for its personalized sleep products. The company designs, manufactures and markets a line of adjustable-firmness mattresses featuring air-chamber technology, branded the Sleep Number® bed, as well as foundations and sleep accessories. Select Comfort’s products are sold through its nearly 400 U.S. retail stores; through selected bedding retailers; through its national direct marketing operations; and on the Internet at www.selectcomfort.com.

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(1)   Top 25 Bedding Retailers, Furniture Today, May 23, 2005

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