About Sleep Number Corporation - Common Stock (SNBR)
Sleep Number Corp is a company specializing in the design, manufacturing, and marketing of high-quality sleep products, particularly adjustable beds and mattresses that allow users to customize their sleeping experience. The company focuses on leveraging innovative technology, including sleep-tracking capabilities, to enhance the sleep quality of its customers. Sleep Number is committed to promoting better health and wellness through improved sleep, providing personalized solutions that cater to individual sleep needs and preferences. With a combination of advanced engineering and customer-centric service, Sleep Number aims to transform the way people experience rest and rejuvenation. Read More
Value investing has created more billionaires than any other strategy, like Warren Buffett, who built his fortune by purchasing wonderful businesses at reasonable prices.
But these hidden gems are few and far between - many stocks that appear cheap often stay that way because they face structural issues.
Sleep Number Corporation (Nasdaq: SNBR) today announced that it granted equity awards on April 15, 2025, as a material inducement to the employment of the company's newly-hired President and Chief Executive Officer, Linda A. Findley.
Sleep Number Corporation (Nasdaq: SNBR) today announced that Amber Minson will join the company as Executive Vice President and Chief Marketing Officer (CMO) on May 12, 2025.
A number of stocks fell in the afternoon session after Federal Reserve Chair Jerome Powell signaled a cautious stance on future monetary policy decisions during a speech in Chicago, emphasizing that trade tariffs could add upward pressure to inflation in the short term and complicate the Fed's efforts to stabilize the economy. He warned that such trade measures are "likely to move us further away from our goals," referring to the Fed's dual mandate of price stability and maximum employment.
Sleep Number Corporation (Nasdaq: SNBR) will release its fiscal first quarter results through March 29, 2025, after market close on Wednesday, April 30, 2025. Management will host its regularly scheduled conference call to discuss the company’s results at 5 p.m. EDT (4 p.m. CDT; 2 p.m. PDT). To access the webcast, please visit the investor relations area of the Sleep Number website at https://ir.sleepnumber.com. The webcast replay will remain available for approximately 60 days.
What a brutal six months it’s been for Sleep Number. The stock has dropped 69.3% and now trades at $4.71, rattling many shareholders. This was partly driven by its softer quarterly results and might have investors contemplating their next move.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how home furnishing and improvement retail stocks fared in Q4, starting with Lowe's (NYSE:LOW).
Earnings results often indicate what direction a company will take in the months ahead. With Q4 behind us, let’s have a look at RH (NYSE:RH) and its peers.
Today, Sleep Number Corporation (Nasdaq: SNBR), a sleep wellness leader, introduced an innovative new app to support the sleep health of millions of snorers. With a free download, BreatheIQ™ allows users to understand what their snore may mean and why breathing irregularities like snoring may matter to their health. Sleep Number already offers smart bed and bases that help to reduce nighttime snoring, such as the Partner Snore™ feature connected to the FlexFit™ series of smart adjustable bases. Now, Sleep Number is expanding its support of snorers and their partners by helping to demystify a common yet often overlooked sleep challenge.
Small-cap stocks can be incredibly lucrative investments because their lack of analyst coverage leads to frequent mispricings.
However, these businesses (and their stock prices) often stay small because their subscale operations make it harder to expand their competitive moats.
Sleep Number Corporation (Nasdaq: SNBR) (“Sleep Number”) today announced that it has entered into an Agreement (the “Agreement”) with Stadium Capital Management, LLC (collectively with its affiliates, “Stadium Capital”), the company’s largest shareholder. As part of the Agreement, and combined with other recent announcements, five current members of the Sleep Number Board of Directors (the “Board”) will be retiring.
In this brief market report, we will take a look at the various asset classes, sectors, equity categories, ETFs, and stocks that moved the market higher, as well as the market segments that defied the trend by moving lower.
Shares of bedding manufacturer and retailer Sleep Number (NASDAQ:SNBR)
fell 39.5% in the afternoon session after the company reported disappointing fourth-quarter results, with EBITDA missing significantly and revenue falling short of Wall Street's estimates. Sales declined 12% year on year, due to a reduced store footprint and softer consumer demand.
Earnings per share, however, came in above expectations, aided by cost reductions. Yet, Sleep Number withheld financial guidance for 2025, signaling continued uncertainty. This is also linked to the appointment of Linda Findley as the new CEO, as she likely needed some time settling into her role.
Overall, this was a weaker quarter.
Let's have a look at what is happening on the US markets one hour before the close of the markets on Thursday. Below you can find the top gainers and losers in today's session.
Bedding manufacturer and retailer Sleep Number (NASDAQ:SNBR) missed Wall Street’s revenue expectations in Q4 CY2024, with sales falling 12.3% year on year to $376.8 million. Its GAAP loss of $0.21 per share was 10.6% above analysts’ consensus estimates.
As the regular session of the US market on Wednesday comes to an end, let's delve into the after-hours session and discover the top gainers and losers shaping the post-market sentiment.
Sleep Number Corporation (Nasdaq: SNBR) today announced that its Board of Directors (the “Board”) has appointed Linda Findley as the company’s new President and Chief Executive Officer, and as a member of the Board, effective April 7, 2025.
