SNBR News and Press, Sleep Number Corporation From 04/21/22

Shares of Sleep Number (NASDAQ: SNBR) , which makes mattresses and other bedding products, fell sharply at the open on April 21, losing just shy of 16% of their value in the first few minutes of trading. Precipitating that move was the company's first-quarter 2022 earnings update, r...

Sleep Number Corporation (SNBR) Q1 2022 Earnings Conference Call April 20, 2022 05:00 PM ET Company Participants David Schwantes - VP of Finance, Investor Relations and Decision Support Shelly Ibach - President and CEO David Callen - EVP and CFO Conference Call Participants Peter Keith - Pipe...

Sleep Number Corp. (NASDAQ:SNBR) stock slid in extended hours trading on Wednesday after reporting first quarter earnings. The mattress manufacturer reported GAAP EPS of $0.09, missing Wall Street estimates by a wide margin as revenue came in at $527.13 million, $7.25 million below expectatio...

Sleep Number (NASDAQ:SNBR) stock slipped 6% postmarket on Wednesday after the mattress firm posted disappointing Q1 results and slashed its 2022 EPS guidance. Q1 GAAP EPS was $0.09 vs. $2.51 in Q1 2021 due to lower-than-expected delivered net sales. Net sales in Q1 fell 7.2% to $527.1M, ...

Sleep Number press release (NASDAQ:SNBR): Q1 GAAP EPS of $0.09 misses by $0.25. Revenue of $527.13M (-7.2% Y/Y) misses by $7.25M. Diluted EPS was below expectation of 30 to 40 cents on lower-than-expected delivered net sales. The company updated its FY2022 diluted EPS outlook to a range of $5...

Net sales declined 7% versus the prior year on constrained supply of semiconductor chips Demand for the quarter declined 3% on acute macro factors in January and March; backlog increased 20% since December Diluted EPS of $0.09 on lower-than-expected deliver...

My " three stocks to avoid " column hit a couple of speed bumps in recent weeks, after rolling earlier this year. Would I get back on track? The three names I figured were going to move lower for the week -- MicroStrategy , Hooker Furnishings , and Blink Charging -- finished...

RH is currently hampered by a high inflationary environment, having lost more than 50% of its high from last year. With the cost of everything rising, the management's proposed split will position the company to be more affordable on a per share basis. It generated outstanding gro...

Sleep Number is a well-managed, a high-quality company in a relatively defensive industry. Supply chain issues are industry-wide and short term, and should not affect the company's long-term value. The valuation is currently at its lowest level, offering a great entry point. S...

Sleep Number Corporation (Nasdaq: SNBR) will release its first quarter results through April 2, 2022, after market close on Wednesday, April 20, 2022. Management will host its regularly scheduled conference call to discuss the company’s results at 5 p.m. EDT (4 p.m. CDT; 2 p.m. P...