| Market Capitalization (Millions $) |
1 |
| Shares
Outstanding (Millions) |
23 |
| Employees |
3,133 |
| Revenues (TTM) (Millions $) |
1,337 |
| Net Income (TTM) (Millions $) |
-174 |
| Cash Flow (TTM) (Millions $) |
0 |
| Capital Exp. (TTM) (Millions $) |
15 |
Business Description
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
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0.51% 
87.14 %