SNBR News and Press, Sleep Number Corporation From 10/15/20

Sleep Number (SNBR) rallies after reporting comparable sales growth of 11.0% in Q3 vs. +10.7% consensus. "For the third consecutive year, since transitioning to our smart beds, our Q3 results reflect double-digit demand growth. We again demonstrated the resilience of our vertical business mod...

Sleep Number Corporation (SNBR) Q3 2020 Earnings Conference Call October 14, 2020, 05:00 PM ET Company Participants Dave Schwantes - VP of Finance and IR Shelly Ibach - President and CEO David Callen - CFO Conference Call Participants Peter Keith - Piper Sandler Brad Thomas - KeyBanc Bobby Gr...

Image source: The Motley Fool. Sleep Number Corp (NASDAQ: SNBR) Q3 2020 Earnings Call Oct 14, 2020 , 5:00 p.m. ET Operator Continue reading For further details see: Sleep Number Corp (SNBR) Q3 2020 Earnings Call Transcript

Gainers: [[ARWR]] +12.0%. [[BKTI]] +9.3%. [[SNBR]] +8.8%. [[DRNA]] +4.5%. [[DRH]] +4.4%.Losers: [[FSLY]] -27.0%. [[LEAF]] -15.1%. [[VRTX]] -12.1%. [[NET]] -7.3%. [[DDOG]] -4.1%. For further details see: ARWR, SNBR, FSLY and NET among after-hours movers

Sleep Number (SNBR): Q3 GAAP EPS of $1.79 beats by $0.79.Revenue of $531M (+11.8% Y/Y) beats by $15.18M.The company generated a 51% increase in YTD operating cash flows, and a trailing twelve-months ROIC of 20.8%Provided 2020 earnings outlook of ~$4.00/diluted share, a 48% increase vs. FY19 E...

Third quarter net sales grew 12% to a record $531 million, with demand growth of 16% Third quarter operating income grew 78% and diluted EPS grew 90% to a record $1.79 Generated a 51% increase in year-to-date operating cash flows, and a trailing twelve-mont...

Integrated online/digital marketing strategy generating record growth in online and brick and mortar sales. 95%+ store openings accelerating cash flow growth going into Q3. Brand awareness driving market share growth relative to peers. New technologies slated for launch in 202...

UBS takes up coverage on the U.S. mattress industry with four new ratings as it looks at housing as a near-term tailwind. Analyst Atul Maheswari: "We believe the mattress sector should see strong trends over the next few quarters on the back of wallet share gains and continued strength in hou...

Sleep Number Corporation (Nasdaq: SNBR) will release its third quarter results, through September 26, 2020, after market close on Wednesday, October 14, 2020. Management will host its regularly scheduled conference call to discuss the company’s results at 5 p.m. EDT (4 p.m. CDT; ...

One of the more intriguing trends to emerge form the pandemic is folks who are heading out of densely populated cities and into the suburbs. With more big city companies embracing remote work and folks concerned with how quickly COVID-19 spread in heavily congested residences including senior li...