Sleep Number Corporation (SNBR)

NASDAQ: SNBR · IEX Real-Time Price · USD
16.78
+2.08 (14.15%)
At close: Feb 26, 2024, 4:00 PM
17.17
+0.39 (2.32%)
After-hours: Feb 26, 2024, 7:59 PM EST
14.15%
Market Cap 373.10M
Revenue (ttm) 1.89B
Net Income (ttm) -15.29M
Shares Out 22.24M
EPS (ttm) -0.68
PE Ratio n/a
Forward PE 36.76
Dividend n/a
Ex-Dividend Date n/a
Volume 1,781,669
Open 14.52
Previous Close 14.70
Day's Range 14.52 - 17.54
52-Week Range 9.00 - 40.24
Beta 1.87
Analysts Hold
Price Target 22.50 (+34.09%)
Earnings Date Feb 22, 2024

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 Climate 360 brands. The company sells its products directly to consumers through retail, online, phone, chat, and other. The company was formerly known as Select Comfort Corporation and changed its name to Slee... [Read more]

IPO Date Dec 4, 1998
Employees 4,500
Stock Exchange NASDAQ
Ticker Symbol SNBR
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for SNBR stock is "Hold." The 12-month stock price forecast is $22.5, which is an increase of 34.09% from the latest price.

Price Target
$22.5
(34.09% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Sleep Number's stock could see a massive bump, but analysts see risks ahead

Sleep Number Corp.'s stock soared 33% Friday, after the mattress maker posted a narrower-than-expected fourth-quarter loss and sales that beat estimates, putting it on track for its biggest one-day pe...

3 days ago - Market Watch

Sleep Number loses less money than Wall Street feared, and stock rallies

Sleep Number Corp.'s stock rallied more than 10% in the extended session Thursday after the mattress maker and retailer posted a narrower quarterly loss and sales that were better than estimates.

4 days ago - Market Watch

Sleep Number Announces Fourth Quarter and Full Year 2023 Results

MINNEAPOLIS--(BUSINESS WIRE)--Sleep Number Corporation (Nasdaq: SNBR) today reported results for the year ended December 30, 2023. “While the consumer environment remains challenging for the mattress ...

4 days ago - Business Wire

Sleep Number Corporation to Announce Fourth Quarter and Full Year 2023 Results on February 22nd

MINNEAPOLIS--(BUSINESS WIRE)--Sleep Number Corporation (Nasdaq: SNBR) will release its fourth quarter and full year results through December 30, 2023, after market close on Thursday, February 22, 2024...

19 days ago - Business Wire

3 tax-loss selling buys to start 2024 with double-digit gains

The end of the year brings with it portfolio adjustments, window dressing and tax harvesting. This results in fund managers and investors selling their losers and buying the winners.

Other symbols: BIGDISH
2 months ago - MarketBeat

Sleep Number Named Among Forbes' Top Companies for Best Customer Service

MINNEAPOLIS--(BUSINESS WIRE)--Today, Sleep Number Corporation (Nasdaq: SNBR), a wellness technology leader, announced it earned a spot in the 2024 Forbes Best Customer Service List. Sleep Number was s...

3 months ago - Business Wire

Is there money hiding under these 2 mattress stocks?

Sleep, we all need it. But can you profit from it?

Other symbols: TPX
3 months ago - MarketBeat

Retail execs say clothing demand is getting better. But it's still kind of a mess.

After unwanted shirts and pants piled up in warehouses and stockrooms last year, clothing chains such as Gap Inc. and Urban Outfitters have said over the past two weeks they've had an easier time sell...

Other symbols: ANFBURLGPSHDROSTTGTTJX
3 months ago - Market Watch

Sleep Number® Smart Beds May be an Eligible HSA/FSA Purchase, Helping More Sleepers Achieve Quality Sleep

MINNEAPOLIS--(BUSINESS WIRE)--Today, Sleep Number Corporation (Nasdaq: SNBR), a wellness technology leader, announced that – with the recommendation from a health care provider to help with a medical ...

3 months ago - Business Wire

Sleep Number Tanks on Surprise Loss and Weak Industry Demand

Chief Executive Shelly Ibach says the bedding industry has been operating at recessionary levels for two years.

3 months ago - Barrons

Sleep Number's stock falls 30% as company saw demand change ‘abruptly'

Shares of Sleep Number Corp. tanked 30% in the after-hours session Tuesday after the mattress maker and retailer swung to a surprise quarterly loss, predicted a loss for the full year and said it reac...

3 months ago - Market Watch

Sleep Number Announces Third Quarter 2023 Results

MINNEAPOLIS--(BUSINESS WIRE)--Sleep Number Corporation (Nasdaq: SNBR) today reported results for the quarter ended September 30, 2023. “The third quarter was challenging for Sleep Number and the beddi...

3 months ago - Business Wire

Sleep Number Appoints Two New Independent Directors, Stephen Macadam and Hilary Schneider

MINNEAPOLIS--(BUSINESS WIRE)--Sleep Number Corporation (Nasdaq: SNBR) today announced that it has appointed Stephen E. Macadam and Hilary A. Schneider to its Board of Directors (the “Board”), effectiv...

3 months ago - Business Wire

Sleep Number Earns J.D. Power Award, Ranking #1 in Customer Satisfaction with Mattresses Purchased In-store

MINNEAPOLIS--(BUSINESS WIRE)--Today, Sleep Number Corporation (Nasdaq: SNBR), a wellness technology leader, announced it earned the highest position in the J.D. Power 2023 U.S. Mattress Satisfaction S...

4 months ago - Business Wire

Sleep Number Corporation to Announce Third Quarter 2023 Results on November 7th

MINNEAPOLIS--(BUSINESS WIRE)--Sleep Number Corporation (Nasdaq: SNBR) will release its fiscal third quarter results through September 30, 2023, after market close on Tuesday, November 7, 2023. Managem...

4 months ago - Business Wire

Blue Clay Capital Issues Statement Regarding Sleep Number Corporation

MINNEAPOLIS , Oct. 30, 2023 /PRNewswire/ -- Blue Clay Capital CO III, Long-Term Shareholders of Sleep Number Corporation (NASDAQ: SNBR), Sent Letter To Sleep Number Board Urging Them To Immediately El...

4 months ago - PRNewsWire

Sleep Number Unveils New Research Linking Sleep Abnormalities with Risk of Heart Failure

MINNEAPOLIS--(BUSINESS WIRE)--Today, Sleep Number Corporation (Nasdaq: SNBR), a wellness technology leader, announced new research presented at the Heart Failure Society of America (HFSA) Annual Scien...

4 months ago - Business Wire

Sleep Number, National Football League and the American Cancer Society Team Up to Deliver Cancer Resources during Crucial Catch

MINNEAPOLIS--(BUSINESS WIRE)--Today, wellness technology leader Sleep Number Corporation (Nasdaq: SNBR) announced they are the first “Official Crucial Catch Partner of the NFL,” joining forces with th...

5 months ago - Business Wire

Sleep Number Issues Statement Regarding Shareholder Letter

MINNEAPOLIS--(BUSINESS WIRE)--Sleep Number Corporation (“Sleep Number” or the “Company”) (Nasdaq: SNBR), a wellness technology leader, today issued the following statement regarding the press release ...

5 months ago - Business Wire

Stadium Capital Management Issues Letter to Sleep Number's Board of Directors Regarding the Urgent Need for Shareholder-Driven Change

NEW CANAAN, Conn.--(BUSINESS WIRE)--Stadium Capital Management, LLC today sent the below letter to Sleep Number Corporation's (Nasdaq: SNBR) Board of Directors. *** September 13, 2023 Board of Directo...

5 months ago - Business Wire

Sleep Number Launches its Biggest Sale of the Year for Labor Day

MINNEAPOLIS--(BUSINESS WIRE)--Today, Sleep Number Corporation (Nasdaq: SNBR), a wellness technology leader, announced its Biggest Sale of the Year will begin on August 8. All Sleep Number smart beds w...

7 months ago - Business Wire

Sleep Number stock tanks more than 20% after revenue miss

Shares of Sleep Number Corp. SNBR jumped more than 20% in the extended session Thursday after the specialty retailer missed expectations for its quarterly sales and dialed down guidance for the year. ...

7 months ago - Market Watch

Sleep Number Appoints Francis Lee to Executive Vice President and Chief Financial Officer

MINNEAPOLIS--(BUSINESS WIRE)--Sleep Number Corporation (Nasdaq: SNBR), a wellness technology company, today announced the appointment of Francis Lee to Executive Vice President (EVP) and Chief Financi...

7 months ago - Business Wire

Sleep Number Announces Second Quarter 2023 Results

MINNEAPOLIS--(BUSINESS WIRE)--Sleep Number Corporation (Nasdaq: SNBR) today reported results for the quarter ended July 1, 2023. “As we continue to navigate a challenging macro environment, our busine...

7 months ago - Business Wire

Sleep Number Corporation to Announce Second Quarter 2023 Results on July 27th

MINNEAPOLIS--(BUSINESS WIRE)--Sleep Number Corporation (Nasdaq: SNBR) will release its fiscal second quarter results through July 1, 2023, after market close on Thursday, July 27, 2023. Management wil...

8 months ago - Business Wire