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Sleep Number Corporation  (SNBR)
Other Ticker:  
 
 
Price: $13.5300 $-1.12 -7.645%
Day's High: $14.83 Week Perf: -17.45 %
Day's Low: $ 13.36 30 Day Perf: 24.7 %
Volume (M): 918 52 Wk High: $ 39.98
Volume (M$): $ 12,416 52 Wk Avg: $20.43
Open: $14.44 52 Wk Low: $9.00



 Market Capitalization (Millions $) 304
 Shares Outstanding (Millions) 22
 Employees 4,290
 Revenues (TTM) (Millions $) 1,887
 Net Income (TTM) (Millions $) -15
 Cash Flow (TTM) (Millions $) 1
 Capital Exp. (TTM) (Millions $) 57

Sleep Number Corporation
Sleep Number Corporation is a public American company that was founded in 1987 by Robert Walker and JoAnn Walker in Minnesota. The company is dedicated to offering products that improve the quality of sleep by designing, manufacturing, and marketing beds, pillows, sheets, and other sleep accessories.

The company's core product is the Sleep Number bed, which is designed to allow users to adjust the firmness and softness of their bed to suit their preferences. The bed uses an air chamber technology that works by inflating and deflating the mattress to adjust the firmness level. The company also offers a variety of bedding accessories, including pillows, sheets, duvets, and comforters, designed to work with the Sleep Number bed.

Sleep Number Corporation operates in more than 590 retail locations across the United States, with a product portfolio of over 30 beds, including the Classic series, Performance series, Innovation series, and 360 series. Additionally, the company also offers Sleep Number Kids and Sleep IQ Kids smart beds, which come with unique features such as under-bed lighting, monster detection sensors, and a "kid-friendly remote control."

Sleep Number Corporation has been constantly striving to innovate its product offering, with a strong focus on technology. The company offers SleepIQ technology, which allows users to track and monitor their sleep patterns, and help users with personalized sleep advice to improve their sleep quality. Additionally, the company offers the Sleep Number 360 smart bed, which is designed to adjust the bed's temperature, adjust the head and feet positions as well as offer automatic snore detection.

The company's revenue for the year 2020 was $1.85 billion, with a net income of $53.78 million. Sleep Number Corporation has over 4,000 employees and is listed among Fortune 100 fastest-growing companies in 2019. The company is committed to sustainability and has been recognized for its eco-friendly initiatives, such as using recyclable materials in its products and reducing its carbon footprint by optimizing its supply chain logistics.

Overall, Sleep Number Corporation has positioned itself as a leading sleep innovation company, using the latest in technology and design to provide high-quality sleep products, and is dedicated to improving the overall health and wellness of its customers by enabling them to achieve better sleep.


   Company Address: 1001 Third Avenue South Minneapolis 55404 MN
   Company Phone Number: 551-7000   Stock Exchange / Ticker: NASDAQ SNBR
   


Customers Net Income fell by SNBR's Customers Net Profit Margin fell to

-45.06 %

3.81 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
LEG   -5.01%    
LZB   -0.41%    
TPX   -3.68%    
WMT   -0.9%    
• View Complete Report
   



Sleep Number Corporation

Sleep Number Corporation Faces Financial Setback with Losses Doubling in Q4 2023

Sleep Number Corporation, a leading provider of mattresses and sleep-related products, has recently released its financial report for the period of October to December 30, 2023. Unfortunately, the report shows a significant increase in losses compared to the previous year.
During this period, Sleep Number Corporation reported a loss per share of $-1.12, which is a notable increase from the loss per share of $-0.24 a year prior. Moreover, the company's losses also grew from $-0.10 per share in the preceding financial reporting period.

Sleep Number Corporation

Sleep Number Corporation Faces 12.6% Revenue Decline, Raising Concerns of Profitability and Customer Demand

Sleep Number Corporation, a leading mattress and bedding company, has been facing significant challenges in recent times, as evident from its financial performance for the period ending September 30, 2023. The company reported a loss of $0.10 per share, compared to earnings of $0.22 per share a year ago. This represents a considerable decline in profitability and raises concerns about the company's ability to generate sustainable returns for its shareholders.
Furthermore, the company's revenue plummeted by a staggering -12.586% to $472.11 million from $540.09 million in the corresponding reporting period a year ago. Even though there was a sequential increase of 3.026% from the previous reporting period, this growth is not substantial enough to offset the overall decline in revenue. This downward trend signifies a significant drop in demand for Sleep Number Corporation's products and implies that customers are turning away from the brand.

Sleep Number Corporation

Sleep Number Corporation Reveals Alarming Financial Results: Profits Plummet and Revenue Takes a Hit



Sleep Number Corporation recently released its financial results for the May to July 01, 2023 period, which exhibited concerning trends. With a significant decline in earnings per share (EPS) and income per share (IPS), as well as a substantial decrease in revenue, the company faces various challenges that could potentially impact its future performance. This article aims to interpret these results and speculate on their implications for the company going forward.
1. Declining Earnings and Income:
Sleep Number Corporation witnessed a sharp decline in EPS, with a -66.67% drop from $0.09 to $0.03 per share compared to the previous year. Similarly, IPS fell by -94.12% from $0.51 per share in the previous quarter. These figures indicate a worrisome trend, suggesting potential difficulties in maintaining profitability and growth.

Sleep Number Corporation

Sleep Number Corporation Displays Robust Growth in Fiscal First Quarter of 2023

For investors eyeing the stock market, there's good news ahead! The first quarter of 2023 has yielded impressive results for Sleep Number Corporation, with a return on asset (ROA) of 4.83%. Although it's lower than the company's average return on assets, which stands at 12.89%, it's still an improvement from the 3.9% reported in the fourth quarter of 2022. Thanks to net income growth, Sleep Number Corporation has managed to maintain its steady growth trajectory.
While the Consumer Discretionary sector had 44 other companies with a higher return on assets, Sleep Number Corporation's overall ranking has moved up to 853 from 1518 in the fourth quarter of 2022. This is terrific news for shareholders who are looking for reliable investments with good growth potential.






 

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Earnings Outlook
Sleep Number Corporation does not provide earnings estimates.

 
Geographic Revenue Dispersion




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