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Sleep Number Corporation  (SNBR)
Other Ticker:  
 
 
Price: $14.6100 $-0.02 -0.137%
Day's High: $14.66 Week Perf: -10.53 %
Day's Low: $ 14.08 30 Day Perf: -21.83 %
Volume (M): 256 52 Wk High: $ 22.36
Volume (M$): $ 3,742 52 Wk Avg: $13.67
Open: $14.66 52 Wk Low: $8.13



 Market Capitalization (Millions $) 330
 Shares Outstanding (Millions) 23
 Employees 3,747
 Revenues (TTM) (Millions $) 1,780
 Net Income (TTM) (Millions $) -40
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 41

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

-7.66 %

5.43 %

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


   

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Business Update

Sleep Numbers c1 Smart Bed Advanced Technology for a Fraction of the Price

Published Mon, Jun 17 2024 3:47 PM UTC

Sleep Number Introduces New c1 Smart Bed: Affordable Technology for a Good Night's SleepMINNEAPOLIS - Today, Sleep Number Corporation (Nasdaq: SNBR), the leader in sleep wellness technology, has announced the launch of its latest innovation, the Sleep Number c1 smart bed. This smart bed offers unparalleled adjustability and state-of-the-art sleep technology features at an ex...

Business Update

'American Cancer Society and Sleep Number Win Golden Halo Award Amidst Financial Hurdles, Showcasing Exemplary Intersectional Initiative

Published Thu, May 16 2024 4:15 PM UTC

In an exemplary demonstration of innovation and societal impact, the American Cancer Society (ACS) and Sleep Number Corporation (Nasdaq: SNBR) have proudly been awarded the prestigious Golden Halo Award for Best Intersectional Initiative for 2024. This accolade, conferred by the organization Engage for Good, acknowledges brand and non-profit collaborations that break new gro...

Sleep Number Corporation

Sleep Number Corporation's Revenue Dips in Q1 20242.

Sleep Number Corporation Reports Q1 2024 Results with Decreased Earnings
MINNEAPOLIS - Sleep Number Corporation (Nasdaq: SNBR) has reported its financial results for the quarter ended March 30, 2024. The company experienced a loss during this period, with losses per share extending to $-0.33 compared to $0.51 a year ago. However, there was an improvement in earnings per share from the previous quarter, which stood at $-1.12 per share.
Revenue for the January to March 30 interval receded considerably by -10.658% to $470.17 million from $526.27 million in the same quarter a year prior. However, sequentially, revenue advanced by 9.366% from $429.91 million. Additionally, Sleep Number Corporation recorded a net shortfall of $-7.482 million during this interval, significantly lower than the net proceeds of $11.465 million in the same quarter last year.

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's Segments
Retail stores    87.8 % of total Revenue
Online, phone, chat and other    12.2 % of total Revenue





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