SNBR - Sleep Number GAAP EPS of $0.47 misses by $1.12 revenue of $491.98M misses by $109.22M

Sleep Number press release (NASDAQ:SNBR): Q4 GAAP EPS of $0.47 misses by $1.12. Revenue of $491.98M (-13.4% Y/Y) misses by $109.22M. Outlook: The company expects full-year 2022 diluted EPS to increase 10 to 15% versus 2021. Accordingly, the 2022 outlook assumes first quarter EPS of 30 to 40 cents with EPS growth of approximately 80% expected for the last nine months of the year. The company anticipates 2022 capital expenditures of $70 million to $80 million.

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Sleep Number GAAP EPS of $0.47 misses by $1.12, revenue of $491.98M misses by $109.22M