Sleep Number cautious outlook, shares trade quietly on Nasdaq
Sleep Number Corp is facing a challenging period due to a soft U.S. mattress market, intensified promotional activity from competitors, and cautious investor sentiment. The company is focusing on cost control, operational efficiency, and leveraging its direct-to-consumer model to stabilize margins ahead of its upcoming quarterly earnings. Analysts maintain a reserved stance on the stock, citing weak industry volumes and higher interest rates impacting discretionary spending.
Pacific Ridge files Schedule 13G/A for Sleep Number (SNBR) with 0 shares
Pacific Ridge Capital Partners, LLC has filed an Amendment No. 2 to Schedule 13G/A for Sleep Number Corp (SNBR), reporting beneficial ownership of 0 shares of common stock, which represents 0.0% of the class. This filing indicates that Pacific Ridge does not hold a 5% or greater position in Sleep Number. The amendment was signed by Peter Trumbo, C.C.O., and dated June 24, 2026.
News On Sleep Number Corp. (SNBR) Now Under SNBRQ
This article announces that news regarding Sleep Number Corp., previously identified by the ticker SNBR, will now be found under the new ticker symbol SNBRQ. This indicates a change in how the company's information is tracked.
Jane Street Group discloses 6.1% stake in Sleep Number (SNBR) on 13G
Jane Street Group, LLC and its affiliates have disclosed a 6.1% passive institutional holding in Sleep Number (SNBR), comprising 1,401,197 shares of common stock. Subsidiaries Jane Street Capital, LLC and Jane Street Global Trading, LLC hold 577,929 and 823,268 shares respectively, all with shared voting and dispositive power. The Schedule 13G filing, signed on June 23, 2026, indicates a passive investment intent.
Form 13G Sleep Number Corp For: 23 June By Investing.com
This article from Investing.com reports on a Form 13G filing for Sleep Number Corp (SNBRQ) on June 23. The piece itself offers minimal details, primarily serving as a placeholder noting the filing and mentioning a significant stock price drop for SNBRQ. The article also includes various market data for indices, commodities, bonds, and stocks.
Sleep Number (SNBR) director Julie Howard sells 10,585 shares in open-market trade
Sleep Number Corp director Julie Howard sold 10,585 shares of the company's common stock at $0.1346 per share in an open-market transaction on June 22, 2026. Following this sale, she directly retains ownership of 37,580 shares. The transaction, reported via a Form 4 SEC filing, indicates a net sale of $1,425 and is considered neutral in terms of overall market impact.
AQR Capital (SNBR) reports 1.76M shares, 7.61% stake
AQR Capital Management entities have filed a Schedule 13G, disclosing a passive 7.61% stake in Sleep Number Corp (SNBR), totaling 1,755,148 shares of common stock as of June 15, 2026. The filing indicates shared voting and dispositive power among AQR Capital Management, LLC, AQR Capital Management Holdings, LLC, and AQR Capital Management II, LLC, with some shares held by investment funds managed by AQR Capital Management II, LLC. This disclosure is a standard regulatory filing for investment purposes and does not suggest an intent to influence control or engage in active transactions with Sleep Number.
Sleep Number (SNBR) director sells 3,020 common shares
Sleep Number Corp director Angel L. Mendez sold 3,020 shares of common stock in an open-market transaction on June 18, 2026, at a price of $0.2205 per share, totaling $665.91. Following this sale, Mendez directly holds 34,495 shares of Sleep Number common stock. The transaction was reported via a Form 4 filing with the SEC.
Form 144 Sleep Number Corp For: 22 June By Investing.com
This article reports on a Form 144 filing for Sleep Number Corp (SNBR) dated June 22. Form 144 is a notice of the intent to sell restricted securities. The brief notice indicates the filing without providing additional details on the transaction or its implications.
[Form 4] Sleep Number Corp Insider Trading Activity
Samuel R. Hellfeld, EVP Chief Legal & Risk Officer of Sleep Number Corp, reported an open-market sale of 7,964 common shares held indirectly through a 401k plan at $0.31 per share on June 18, 2026. Following this transaction, he retains a direct ownership of 75,772 Sleep Number shares. The sale is characterized as a routine 401k portfolio adjustment, with the executive maintaining a substantial direct stake.
[144] Sleep Number Corp SEC Filing
This article reports on a Form 144 SEC filing by Sleep Number Corp (SNBR). Form 144 notifies the SEC of a proposed sale of securities, indicating that certain securities of Sleep Number are intended to be sold. The filing details include information about the filer, issuer, specific securities to be sold (common stock acquired through RSU and open market purchases), and sales data for the past three months.
[144] Sleep Number Corp SEC Filing
This article reports on a Form 144 SEC filing by Sleep Number Corp (SNBR). The filing indicates a proposed sale of 3,020 shares of common stock with an aggregate market value of $666.00, acquired through a restricted stock lapse on January 1, 2026. The filing has a neutral impact and sentiment according to StockTitan.
Sleep Number Corp (SNBR) Earnings Forecast: Future EPS & Revenue Growth Estimates
Sleep Number Corp (SNBR) currently has an earnings forecast score of 6.00 and is ranked 13th out of 24 in the Household Goods industry. Analysts have set an average price target of $5.50 for SNBR, with a current rating of "Hold" based on 3 analysts. The company's expected revenue for the next quarter is $327.80M, and EPS is projected at -$0.19.
Sleep Number files for Chapter 11 bankruptcy
Sleep Number (NASDAQ:SNBR) has filed for Chapter 11 bankruptcy protection with $672.5 million in debt, attributing the move to rising inflation and tariff-related supply chain disruptions. Sleep Country Canada has agreed to acquire substantially all of Sleep Number's assets for $415 million and will serve as the stalking horse bidder in a court-supervised auction. The company expects to continue normal retail operations, honoring customer warranties and services during the restructuring process.
Sleep Number stock to be delisted from Nasdaq following chapter 11 filing
Sleep Number Corp. will be delisted from Nasdaq starting June 23, following its Chapter 11 bankruptcy filing last week. Nasdaq cited the bankruptcy filing, public interest concerns, and the residual equity interest of common stockholders as reasons. Sleep Number does not intend to appeal the decision and expects business operations and Chapter 11 proceedings to continue unaffected, with potential trading on over-the-counter markets.
Sleep Number (SNBR) Stock Crashes After Hours: Why Is It Moving? - Sleep Number (NASDAQ:SNBR)
Sleep Number Corp. (SNBR) shares plummeted 31% in after-hours trading following the disclosure that Nasdaq plans to delist its common stock. This decision comes after the mattress maker's recent Chapter 11 bankruptcy filing and concerns about its ability to maintain listing compliance, with trading in SNBR stock on Nasdaq suspended on June 23, 2026. The delisting notice raises concerns that common shareholders may face little to no recovery during the bankruptcy process.
Sleep Number Received Notice of Delisting
Nasdaq has informed Sleep Number that its common stock will be delisted due to the company's Chapter 11 filing and associated public interest and compliance concerns. Trading is scheduled to be suspended on June 23, 2026, and Sleep Number does not plan to appeal the decision. While shares may trade over the counter, there is no guarantee of an active market.
Sleep Number (NASDAQ: SNBR) to be delisted from Nasdaq after Chapter 11
Sleep Number Corporation's common stock will be delisted from Nasdaq after the company filed for Chapter 11 bankruptcy. Trading will be suspended on June 23, 2026, due to concerns about public interest, residual equity value for common shareholders, and compliance with listing rules. The company does not plan to appeal and expects the delisting will not affect business operations or the Chapter 11 proceedings, though future trading will likely be limited to over-the-counter markets without assurance of efficiency.
Sleep Number (SNBR) adds $260M DIP loans as it pursues Chapter 11 sale and restructuring
Sleep Number Corporation has secured up to $260 million in debtor-in-possession (DIP) financing to support its Chapter 11 restructuring and potential sale. This financing includes $65 million in new superpriority term loans and $195 million in roll-up loans from existing secured debt, with a final court hearing scheduled for July 9, 2026. The company warns that existing common shares are likely to be cancelled, indicating a materially adverse outlook for current equity holders.
Sleep Number Secures $260 Million DIP Financing; $65 Million New Money, Sep 16 Maturity
Sleep Number has secured new debtor-in-possession (DIP) financing totaling $260 million to support its Chapter 11 process. The financing package includes $65 million in new money and aims to stabilize the company's liquidity while facilitating a Section 363 sale. The loans mature on September 16, 2026, and bear interest at SOFR plus 8.00% or base rate plus 7.00%.
Sleep Number (SNBR) EVP sells 3,130.1645 shares from 401(k)
Christopher D. Krusmark, EVP, Retail & People Officer at Sleep Number Corp (SNBR), reported an insider sale of 3,130.1645 shares of common stock. The transaction, an open-market sale from an indirect 401(k) holding, occurred at $0.6600 per share. Following the sale, Krusmark directly holds 50,241.0000 shares of Sleep Number Common Stock, with zero shares remaining in the indirect 401(k) position.
Sleep Number Files for Bankruptcy, Sells To Canadian Rival 06/16/2026
Sleep Number Corp. has filed for Chapter 11 bankruptcy protection and reached an agreement to sell its assets to Sleep Country Canada. Despite recent marketing efforts and product innovations, the mattress retailer experienced a $50 million loss last month and first-quarter sales fell by 19%. The deal aims to keep Sleep Number stores open, honor warranties, and provide $260 million in financing to address its unsustainable capital structure.
Sleep Number (SNBR) EVP disposes 30,720 common shares back to issuer
Sleep Number Corp (SNBR) EVP Christopher D. Krusmark reported the disposition of 30,720 common shares back to the issuer at a weighted average price of $0.3699 per share. This transaction, coded "D," indicates an issuer disposition rather than an open-market sale, suggesting a routine equity adjustment. After the transaction, Krusmark retains 50,241 direct shares and 3,130.1645 indirect shares through a 401(k), maintaining significant alignment with shareholders.
Sleep Number (SNBR) accounting officer returns 614 shares to the company
Kelly F. Baker, the Principal Accounting Officer of Sleep Number Corp (SNBR), returned 614 shares of common stock to the company on June 12, 2026, at a value of $0.3962 per share. This transaction, classified as a disposition to the issuer, is a routine adjustment rather than a market sale. Following this, Baker directly holds 9,745 shares of Sleep Number Common Stock.
Sleep Number (SNBR) EVP Melissa Barra reports 81,512-share disposition
Melissa Barra, EVP of Sleep Number Corp (SNBR), reported disposing of 81,512 shares of Common Stock on June 12, 2026, at a weighted average price of $0.3721 per share. Following this transaction, she directly holds 86,678 shares. The disposition was categorized as a "Disposition to issuer" on a Form 4 SEC filing.
[Form 4] Sleep Number Corp Insider Trading Activity
Sleep Number Corp director Stephen E. Macadam reported the disposition of 97,272 shares of common stock at a weighted average price of $0.4355 per share, with transactions occurring between $0.4100 and $0.4699. Following this sale, he directly owns 30,300 shares and indirectly holds 137 shares via an IRA. The Form 4 filing provides detailed information about this insider trading activity.
Sleep Number Files Bankruptcy to Sell Itself, Blames Tariffs
Mattress maker Sleep Number Corp. has filed for Chapter 11 bankruptcy with an agreement to sell itself to Sleep Country Canada Inc. for $415 million. The company cited weak demand, financial pressures, and "unpredictable shifting of trade rules imposed by the current U.S. government" as contributing factors to its bankruptcy. Sleep Number plans to continue operations during an expedited sale process, aiming for a July 31 closing date.
Sleep Number Corp. Announces Agreement to Combine with Sleep Country Canada
Sleep Number Corporation has announced an agreement to combine with Sleep Country Canada, aiming to create a leading North American mattress and bedding company. To facilitate this combination and address its unsustainable capital structure, Sleep Number initiated a voluntary Chapter 11 sale process, during which it expects to continue all operations. Sleep Country Canada will serve as the "stalking horse" bidder in this court-supervised process, with Sleep Number focusing on serving customers and expanding its business in the U.S. and internationally.
[144] Sleep Number Corp SEC Filing
This SEC Form 144 filing from Sleep Number Corp (SNBR) outlines a proposed sale of securities. The filing specifies the sale of 4293 shares of common stock with an aggregate market value of $1739.00 by a person whose acquisition was through a restricted stock lapse on May 15, 2026, as equity compensation. The transaction is scheduled for June 12, 2026, on NASDAQ, via broker Charles Schwab & Co., Inc.
Sleep Number (NASDAQ: SNBR) reports proposed sale entries including RSUs
Sleep Number (NASDAQ: SNBR) has filed a Form 144, indicating proposed sales of shares. The filing lists an Open Market Purchase of 3,150 shares dated January 25, 2013, and an RSU/PSU entry for 78,362 shares dated March 28, 2017, with a recorded date of June 12, 2026. This Form 144 serves as a notice of proposed sales under resale rules and does not confirm that the sales have been executed or specify who will receive the proceeds.
[144] Sleep Number Corp SEC Filing
This SEC filing is a Form 144 for Sleep Number Corp (SNBR), indicating a proposed sale of securities under Rule 144 of the Securities Act of 1933. The filing details the securities to be sold, including 21,566 shares of common stock acquired through RSU/PSU in 2020, with an aggregate market value of $8,195.00, and specifies the broker as Charles Schwab & Co., Inc. and the approximate date of sale as June 12, 2026.
Sleep Number files for bankruptcy as Canadian retailer submits $415M bid
Sleep Number, headquartered in Minneapolis, has filed for bankruptcy after experiencing four consecutive years of declining sales following a pandemic peak. Sleep Country Canada has submitted a "stalking-horse" bid of $415 million to acquire the struggling company. This development highlights the challenges faced by Sleep Number in a shifting market.
Sleep Number enters bankruptcy but keeps stores open and orders flowing
Sleep Number Corporation has filed for Chapter 11 bankruptcy to facilitate a combination with Sleep Country Canada. The company assures customers that all operations, including stores, online orders, deliveries, and warranties, will continue without interruption. Despite the bankruptcy filing, Sleep Number aims to resolve its financial constraints and leverage this strategic merger to expand its business and product offerings in North America.
[Form 3] Sleep Number Corp Initial Statement of Beneficial Ownership
Sleep Number director Adams Colin McNeill has filed an initial Form 3 reporting beneficial ownership of 0 shares of the company's common stock. This filing indicates no direct ownership position in Sleep Number Corp as of the reportable date and is a standard disclosure when an individual becomes an insider. The Form 3 does not report any transactions or derivative securities.
[8-K] Sleep Number Corp Reports Material Event
Sleep Number Corporation announced the election of attorney Colin M. Adams to its Board of Directors, effective June 4, 2026. This appointment increases the board to seven members, with six considered independent under Nasdaq standards. Mr. Adams will receive a monthly fee of $40,000 for his board service, with potential additional fees for extra activities.
Sleep Number Corp Announces Appointment of Colin M. Adams as Director, Effective June 4, 2026
Sleep Number Corp. announced the election of Colin M. Adams, Esq. to its Board of Directors, effective June 4, 2026. This appointment increased the Board to seven members, with six being independent directors as per Nasdaq standards. The company stated there was no prior arrangement for his selection.
Mattress company Sleep Number plans $415 million bankruptcy sale
Mattress company Sleep Number has filed for bankruptcy, citing $672 million in debt and blaming tariffs and inflation for its financial troubles. The company plans to sell its assets for $415 million to Sleep Country Canada Inc., but remains open to higher bids. Sleep Number aims for court approval of the sale by July 15 and a closing date of July 31.
Minneapolis-based Sleep Number files for bankruptcy, plans merger with Canadian retailer
Sleep Number, headquartered in Minneapolis, has filed for bankruptcy protection. The company announced its intention to merge with a Canadian mattress retailer as part of its restructuring plans. This move follows financial challenges, with a smart bed display being featured in a 2017 press event.
Sleep Number plunges 70% ahead of a potential bankruptcy filing
The article reports that Sleep Number's stock has plummeted by 70%, indicating severe financial distress. This significant drop suggests that the company might be on the verge of filing for bankruptcy. The situation highlights major concerns about Sleep Number's financial viability and future operations.
Sleep Number stock plunges 60% on bankruptcy preparation report By Investing.com
Sleep Number Corp. shares plunged over 60% following reports that the company is preparing for a potential bankruptcy filing to address its significant debt of approximately $606 million. The mattress retailer has been experiencing declining sales, down 16% in 2025, and industry pressures, leading to a substantial drop in its stock price over the past year. Sleep Number is reportedly seeking new financing, potentially structured as a bankruptcy loan, to navigate its financial difficulties.
Sleep Number Class Action Reminer
Faruqi & Faruqi, LLP is investigating potential claims against Sleep Number Corporation (NASDAQ: SNBR) and reminds investors of the February 14, 2022 deadline to seek the role of lead plaintiff in a federal securities class action. The lawsuit alleges that Sleep Number made false and misleading statements regarding its supply chain issues, particularly due to Winter Storm Uri, which severely impacted its ability to fulfill mattress orders and negatively affected financial results. Investors who suffered losses exceeding $100,000 between February 18, 2021, and July 20, 2021, are encouraged to contact the firm.
Sleep Number Corp stock (US8332141079): Stadium Capital trims stake as U.S. law firm launches probe
Shares of Sleep Number Corp (SNBR) are under pressure after a significant sell-off in May 2026. This decline coincides with major shareholder Stadium Capital reducing its stake and a New York law firm initiating a securities investigation into potential violations related to the company's disclosures. The stock's market capitalization has shrunk significantly, and both retail and institutional investors are closely monitoring the developments.
Sleep Number (NASDAQ: SNBR) approves one-time executive retention awards
Sleep Number Corporation has approved one-time cash retention awards for key executives, including CEO Linda Findley ($2,500,000, with a net increase of $1,875,000 after waiving a prior bonus) and CFO Amy O’Keefe ($1,000,000). Other executives also received awards, and the cash payments were made on May 27, 2026. The awards are subject to repayment if an executive is terminated for cause or resigns within twelve months, but this obligation is waived under certain corporate events or terminations without cause, death, or disability.
Stadium capital sells $695k in Sleep Number (SNBR) shares
Stadium Capital Management LLC and its affiliated entities sold 390,676 shares of Sleep Number Corp (SNBR) common stock for approximately $695,051 on May 28, 2026. This divestment occurred as Sleep Number's stock has sharply declined, with the company also reporting a significant earnings and revenue shortfall for Q1 2026, leading UBS to lower its price target. Despite some positive demand shifts in the broader mattress and furniture industry, concerns about Sleep Number's financial performance persist.
Stadium Capital funds sell Sleep Number (SNBR) shares in open market
Funds associated with Stadium Capital, specifically Stadium Special Opportunity I, L.P. and Stadium Capital Partners, L.P., sold a combined 390,676 shares of Sleep Number (SNBR) in open-market transactions. The sales occurred at a weighted average price of $1.7791 per share, with individual trades ranging from $1.6800 to $1.8750. Following these transactions, the funds retain indirect beneficial ownership of 341,515 and 1,884,268 shares, respectively.
Stadium Capital (SNBR) reporting group discloses 4.1% Sleep Number stake below 5%
Stadium Capital's reporting group has disclosed that its stake in Sleep Number (SNBR) has fallen to 4.1%, which is below the 5% regulatory reporting threshold. The group, including Stadium Capital entities and Alexander M. Seaver, now beneficially owns 953,478 common shares, with an aggregate purchase price of approximately $14.7 million. This amendment to their Schedule 13D filing primarily serves as a regulatory update, indicating a change in their disclosure obligations.
Stadium Capital sells 1.22M SNBR shares across May dates (SNBR)
Stadium Capital Management, LLC has reported the sale of 1.22 million shares of Sleep Number Corp (SNBR) common stock across two dates in May 2026. Specifically, 390,676 shares were sold on May 28, 2026, for $695,053.08, and an additional 831,685 shares were sold on May 29, 2026, for $1,174,109.86. The filing also notes a baseline figure of 2,616,459 common shares associated with May 28, 2026.
[144] Sleep Number Corp SEC Filing
Sleep Number Corp has filed a Form 144 Notice of Proposed Sale of Securities with the SEC. The filing indicates a proposed sale of 650,000 shares of common stock with an aggregate market value of $1,157,000.00, which were acquired through open market purchases on October 19, 2022.
Sleep Number (NASDAQ: SNBR) meeting backs equity plan, key reforms fail
Sleep Number Corporation's 2026 Annual Meeting of Shareholders saw the approval of an amendment to the 2020 Equity Incentive Plan, increasing shares reserved for issuance by 750,000. While three directors were elected, Deloitte & Touche LLP ratified as auditor, and executive compensation approved, key governance reforms such as declassifying the Board and eliminating supermajority voting requirements failed to pass as they did not reach the required two-thirds of outstanding shares. The Board expressed disappointment but remains committed to pursuing these reforms.
SNBR Investors Have Opportunity to Join Sleep Number Corporation Fraud Investigation with the Schall Law Firm
The Schall Law Firm is investigating Sleep Number Corporation (NASDAQ: SNBR) on behalf of investors for potential securities law violations. This investigation follows Sleep Number's Q1 2026 financial results, which showed a significant drop in earnings per share and led to a 22.45% decrease in its stock price and the suspension of its financial guidance. Investors who suffered losses are encouraged to contact the law firm to discuss their rights.
