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Shares of Sleep Number (NASDAQ: SNBR) were gaining today after the mattress maker posted middling results in its fourth-quarter earnings report, but comments about 2023 were enough to please the market.
As of 3:24 p.m. ET, the stock was up 11.2% on the news.
Sales in the quarter rose 1% to $498 million, edging out estimates at $495.7 million.