Sleep Number Corporation (SNBR)

NASDAQ: SNBR · IEX Real-Time Price · USD
32.78
+0.99 (3.11%)
At close: Jan 27, 2023, 4:00 PM
32.60
-0.18 (-0.55%)
After-hours: Jan 27, 2023, 5:18 PM EST
3.11%
Market Cap 721.19M
Revenue (ttm) 2.11B
Net Income (ttm) 53.18M
Shares Out 22.00M
EPS (ttm) 2.38
PE Ratio 13.77
Forward PE 9.84
Dividend n/a
Ex-Dividend Date n/a
Volume 1,035,311
Open 28.05
Previous Close 31.79
Day's Range 28.05 - 33.49
52-Week Range 23.61 - 75.98
Beta 1.84
Analysts Sell
Price Target 27.88 (-14.95%)
Earnings Date Feb 22, 2023

About SNBR

Sleep Number Corporation, together with its subsidiaries, offers sleep solutions and services in the United States. The company designs, manufactures, markets, retails, and services beds, pillows, sheets, and other bedding products under the Sleep Number name. It also provides adjustable bases under the FlextFit, and smart beds under the Sleep Number 360 brands. The company sells its products directly to consumers through retail, online, phone, and chat as well as through its e-commerce activities. As of January 2, 2022, it operated approximate... [Read more]

CEO Shelly Ibach
Employees 5,300
Stock Exchange NASDAQ
Ticker Symbol SNBR
Full Company Profile

Financial Performance

In 2022, Sleep Number's revenue was $2.18 billion, an increase of 17.69% compared to the previous year's $1.86 billion. Earnings were $153.75 million, an increase of 10.46%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for SNBR stock is "Sell." The 12-month stock price forecast is $27.88, which is a decrease of -14.95% from the latest price.

Price Target
$27.88
(-14.95% downside)
Analyst Consensus: Sell
Stock Forecasts

News

Sleep Number Announces Leadership Transition

MINNEAPOLIS--(BUSINESS WIRE)-- Sleep Number Corporation (Nasdaq: SNBR) today announced that Executive Vice President and Chief Financial Officer David Callen is stepping down from his position to pu...

12 hours ago - Business Wire

Sleep Number stock tumbles after downbeat 2022 outlook ahead of results, CFO resigns

Share of Sleep Number Corp. SNBR, +1.96% tumbled 15.1% in premarket trading Friday, after the bed and mattress maker provided a downbeat full-year outlook and said its chief financial officer was step...

16 hours ago - Market Watch

Sleep Number Announces Leadership Transition

MINNEAPOLIS--(BUSINESS WIRE)-- Sleep Number Corporation (Nasdaq: SNBR) today announced that Executive Vice President and Chief Financial Officer David Callen is stepping down from his position to pu...

16 hours ago - Business Wire

NOTICE For Investors In NASDAQ: SNBR: Update in Lawsuit against Sleep Number Corporation announced by Shareholders Foundation

San Diego, California--(Newsfile Corp. - December 6, 2022) - The Shareholders Foundation, Inc. announced an update in the lawsuit that is pending for certain investors in Sleep Number Corporation (NAS...

1 month ago - Newsfile Corp

Bear of the Day: Sleep Number (SNBR)

Estimates have been slashed for both the current year and next year.

3 months ago - Zacks Investment Research

New Strong Sell Stocks for October 31st

TSN, SNBR and CSTM have been added to the Zacks Rank #5 (Strong Sell) List on October 31, 2022.

Other symbols: CSTMTSN
3 months ago - Zacks Investment Research

Sleep Number (SNBR) Surpasses Q3 Earnings and Revenue Estimates

Sleep Number (SNBR) delivered earnings and revenue surprises of 266.67% and 2.38%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Sleep Number stock tanks amid slashed earnings forecast, ‘historically low' consumer sentiment

Shares of Sleep Number Corp. were getting pummeled in late trading Wednesday after the maker of “smart beds” slashed its earnings forecast as it deals with the twin challenges of “historically low” co...

3 months ago - Market Watch

Sleep Number Announces Third Quarter 2022 Results

MINNEAPOLIS--(BUSINESS WIRE)--Sleep Number Corporation (Nasdaq: SNBR) today reported results for the quarter ended October 1, 2022.

3 months ago - Business Wire

Sleep Number Corporation to Announce Third Quarter 2022 Results on October 26th

MINNEAPOLIS--(BUSINESS WIRE)--Sleep Number Corporation (Nasdaq: SNBR) will release its fiscal third quarter results through October 1, 2022, after market close on Wednesday, October 26, 2022.

3 months ago - Business Wire

Sleep Number Launches Climate360™ Smart Bed: Actively Cools, Warms and Effortlessly Responds to Each Sleeper

MINNEAPOLIS--(BUSINESS WIRE)--Today, Sleep Number Corporation (Nasdaq: SNBR), the sleep health and wellness technology leader, announced the launch of the Climate360 smart bed. It's the world's first ...

4 months ago - Business Wire

Sleep Number and Synchrony Renew Long-Term Partnership to Deliver Next Level Customer Experience

Building on a nearly 20-year relationship, the companies will leverage advanced insights and technology to drive consumer demand and growth MINNEAPOLIS and STAMFORD, Conn. , Sept. 1, 2022 /PRNewswire/...

Other symbols: SYF
5 months ago - PRNewsWire

Sleep Number (SNBR) Q2 Earnings and Revenues Surpass Estimates

Sleep Number (SNBR) delivered earnings and revenue surprises of 148.39% and 8.37%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

Sleep Number Announces Second Quarter 2022 Results

MINNEAPOLIS--(BUSINESS WIRE)--Sleep Number Corporation (Nasdaq: SNBR) today reported results for the quarter ended July 2, 2022. “Our second-quarter performance reflects our team's incredible agility ...

6 months ago - Business Wire

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Is Investigating Sleep Number Corporation

Wilmington, Delaware--(Newsfile Corp. - July 22, 2022) - Rigrodsky Law, P.A. is investigating potential claims against the officers and directors of Sleep Number Corporation (NASDAQ: SNBR) on behalf o...

6 months ago - Newsfile Corp

Sleep Number Corporation to Announce Second Quarter 2022 Results on July 27th

MINNEAPOLIS--(BUSINESS WIRE)--Sleep Number Corporation (Nasdaq: SNBR) will release its second quarter results through July 2, 2022, after market close on Wednesday, July 27, 2022. Management will host...

7 months ago - Business Wire

Analysts Estimate Sleep Number (SNBR) to Report a Decline in Earnings: What to Look Out for

Sleep Number (SNBR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

7 months ago - Zacks Investment Research

Sleep Number Unveils New Research from Its 360® Smart Bed on Temperature Sensing and Daytime Alertness

MINNEAPOLIS--(BUSINESS WIRE)--Sleep Number Corporation (Nasdaq: SNBR), the sleep health, science, and research leader, today announces new data from its 360 smart bed at SLEEP 2022, the 36th annual me...

8 months ago - Business Wire

Mattress maker stocks sink on signs of weak Memorial Day sales

Shares of mattress makers took a dive Wednesday, after Wedbush analyst Seth Basham said he has seen signs suggesting Memorial Day sales came up short. That "negative" sales weekend came despite what B...

Other symbols: PRPLTPX
8 months ago - Market Watch

New Study Shows Potential of Sleep Number 360® Smart Bed as a Trusted Device for Capturing Reliable Sleep Data from Home

MINNEAPOLIS--(BUSINESS WIRE)--Sleep Number Corporation (Nasdaq: SNBR), the sleep health, science, research and innovation leader, today announced publication of its new study in the journal Sensors. T...

9 months ago - Business Wire

Sleep Number Announces Ongoing Sustainability Initiatives

MINNEAPOLIS--(BUSINESS WIRE)--Today Sleep Number Corporation (Nasdaq: SNBR), the sleep health, science, research and innovation leader, announced a new nationwide sustainability initiative. With a goa...

9 months ago - Business Wire

Sleep Number Stock Tumbles as Supply Chain Struggles Persist

Sleep Number Corp stock was down about 15% in early trading Thursday (April 21) after the company reported several downward trends in its fiscal 2022 first-quarter earnings report Wednesday (April 20)...

10 months ago - PYMNTS

Sleep Number (SNBR) Q1 Earnings and Revenues Miss Estimates

Sleep Number (SNBR) delivered earnings and revenue surprises of -72.73% and 1.92%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

10 months ago - Zacks Investment Research

Sleep Number Announces First Quarter 2022 Results

MINNEAPOLIS--(BUSINESS WIRE)--Sleep Number Corporation (Nasdaq: SNBR) today reported results for the quarter ended April 2, 2022. “External factors continue to disrupt global supply and weaken consume...

10 months ago - Business Wire

Sleep Number Corporation to Announce First Quarter 2022 Results on April 20th

MINNEAPOLIS--(BUSINESS WIRE)--Sleep Number Corporation (Nasdaq: SNBR) will release its first quarter results through April 2, 2022, after market close on Wednesday, April 20, 2022. Management will hos...

10 months ago - Business Wire