SNBR News and Press, Sleep Number Corporation From 02/22/23

Image source: The Motley Fool. Sleep Number (NASDAQ: SNBR) Q4 2022 Earnings Call Feb 22, 2023 , 5:00 p.m. ET Operator Continue reading For further details see: Sleep Number (SNBR) Q4 2022 Earnings Call Transcript

Sleep Number Corporation (SNBR) Q4 2022 Results Conference Call February 22, 2023 05:00 PM ET Company Participants Dave Schwantes - Vice President-Finance and Investor Relations Shelly Ibach - Chair, President and Chief Executive Officer Chris Krusmark - CFO and Chief ...

Sleep Number press release ( NASDAQ: SNBR ): Q4 GAAP EPS of $0.24 beats by $0.49 . Revenue of $498M (+1.2% Y/Y) beats by $2.25M . Generated $36 million of operating cash flows for the year and an Adjusted ROIC of 17.6% Gross profit decreased 3% to $272 million, or ...

Fourth quarter net sales increased 1% versus the prior year Full year net sales decreased 3% to $2.11 billion, with full year diluted earnings per share (EPS) of $1.60 Generated $36 million of operating cash flows for the year and an Adjusted ROIC of 17.6% Prov...

Summary The company is trading below the fair level, but I do not see catalysts for the growth of shares. Consumer spending in the Furnishing segment continues to be under pressure. Decreasing economies of scale and chip shortages continue to weigh on operating margins. In...

The wellness technology leader has supported ACS’s mission through joint research, funding and support of its Hope Lodges The company will encourage cancer screenings and donate to ACS during Super Bowl LVII in Arizona In advance of World Cancer Day on February 4, Sleep...

Sleep Number ( NASDAQ: SNBR ) shares fell 13% premarket on Friday after the sleep and wellness technology company reported prelim 2022 sales of $2.03B and EPS of $1.60. Analysts project the company to generate $1.71 EPS on revenue of $2.11B for the year. In other news,...

Executive Vice President and Chief Financial Officer David Callen Stepping Down Company Provides Preliminary Full Year 2022 Net Sales and Earnings Per Diluted Share Ahead of Earnings Call Scheduled for February 22nd Sleep Number Corporation (Nasdaq: SNBR) today annou...

Summary Why I think SNBR's chip supply chain issue may be worse than it seems. As the company stands today, if supply chain issues remain a significant headwind, it's going to be a tough year ahead. With its share price plunging from approximately $150 per share on March 1, 2020, it...

Mattress company Sleep Number (NASDAQ: SNBR) may have caused its shareholders some sleepless nights lately. The stock is down 61% year to date. Investors probably fear this premium brand is due for poor sales in a slowing economy -- a concern that's not totally unfounded. However, ups...