Sleep Number (SNBR) director receives 15,067-share equity award and defers vested stock
Deborah L. Kilpatrick, a director at Sleep Number Corp (SNBR), has received a grant of 15,067 restricted stock units (RSUs) with no purchase price, bringing her direct holdings to 27,571 shares. Additionally, 9,776 shares from a previous RSU award vested on May 21, 2026, which she has chosen to defer. This transaction is classified as a neutral filing impact and sentiment, representing compensation rather than a market purchase or sale.
Sleep Number (SNBR) director receives 15,067 restricted stock units in grant
Angel L. Mendez, a director at Sleep Number (SNBR), was granted 15,067 restricted stock units (RSUs) which will vest over time, increasing his direct holdings to 37,515 shares. The filing also notes that a previous award of 9,776 shares vested, but Mendez chose to defer their receipt. This transaction is considered a neutral filing impact by Rhea-AI.
Sleep Number (SNBR) director receives 15,067 restricted stock units, lifts holdings
Stephen E. Macadam, a director at Sleep Number Corp (SNBR), was granted 15,067 restricted stock units (RSUs) as a compensation award, increasing his direct holdings to 127,572 shares. These RSUs will vest over time, aligning his incentives with the company's performance without an immediate market transaction. Additionally, 9,776 shares from a prior RSU award vested, with Macadam deferring their receipt.
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Sleep Number Corporation - SNBR
Pomerantz LLP is investigating potential securities fraud claims against Sleep Number Corporation (SNBR) after the company announced disappointing financial results for the first quarter of 2026, missing consensus estimates for GAAP earnings per share and revenue. The company also suspended its financial guidance, leading to a significant 22.45% drop in its stock price. Investors are encouraged to contact Pomerantz LLP to inquire about joining a potential class action lawsuit.
Pomerantz Law Firm Investigates Claims On Behalf of Investors of Sleep Number Corporation - SNBR
Pomerantz LLP is investigating potential securities fraud claims against Sleep Number Corporation (SNBR) on behalf of investors. This investigation follows Sleep Number's announcement of disappointing Q1 2026 financial results, including lower-than-expected GAAP earnings per share and revenue, and the suspension of its financial guidance. Following this news, Sleep Number's stock price dropped significantly.
Sleep Number Corp stock (US8332141079): deep dive after heavy Q1 2026 loss
Sleep Number Corp reported a significantly wider loss in Q1 2026 than anticipated, missing Wall Street expectations due to weak demand and high costs, with an EPS loss of $2.19 on revenue of $318.99 million. The company's business model, which relies on direct-to-consumer sales of premium smart beds, is highly sensitive to consumer spending and economic downturns. Its future hinges on successful adaptation to macro conditions, cost management, and ongoing product differentiation in a competitive and volatile market.
5 Must-Read Analyst Questions From Sleep Number’s Q1 Earnings Call
Sleep Number's Q1 earnings fell short of Wall Street estimates due to a weak retail environment and product line disruption. CEO Linda Findley and CFO Amy O'Keefe addressed analyst concerns regarding demand growth, recapitalization, input costs, liquidity, and average revenue per unit. The company expects improvements in subsequent quarters as new products gain traction and cost-saving initiatives take effect.
Sleep Number (SNBR) EVP Minson withholds shares to cover tax on vested stock
Sleep Number Corp's EVP and Chief Marketing Officer, Amber Minson, engaged in a routine share-withholding transaction to cover taxes on vested restricted stock. On May 15, 2026, 2,949 shares were withheld at $1.60 per share from a total of 7,242 vested shares. After this transaction, Minson directly owns 52,258 common shares and retains 47,965 restricted stock units.
Sleep Number Corp stock (US8332141079): earnings slump, financing worries keep investors on edge
Sleep Number Corp is facing investor concerns due to an earnings slump and financing worries, stemming from weak quarterly figures and efforts to strengthen its balance sheet amidst a challenging US bedding market. The company, known for its adjustable air-chamber mattresses, operates a direct-to-consumer model, making it sensitive to demand fluctuations and fixed store costs. While its premium, technology-enabled products offer exposure to consumer spending and wellness trends, its capital-intensive retail network presents operational challenges in a competitive landscape.
Has Sleep Number Finally Found Its Footing After a Tumultuous Period
Sleep Number (SNBR) recently experienced a stock surge following announcements of a new product campaign and a partnership with Travis Kelce, indicating renewed investor interest. CEO Linda Findley's turnaround strategy focuses on cost-cutting, product simplification with the sub-$1,600 ComfortMode mattress, and expanding distribution to stabilize sales in 2026. Despite these positive catalysts, the company faces significant financial hurdles, including negative TTM margins, substantial debt, and intense competition in the bedding market.
Sleep Number Announces First Quarter 2026 Results
Sleep Number Corporation reported first-quarter 2026 net sales of $319 million, an 18.9% year-over-year decrease, with a net loss of $50 million. Despite the decline, the company saw steady demand improvement throughout the quarter and is executing a turnaround strategy focusing on product redesign, modernized marketing, and cost structure reset. Sleep Number is also actively evaluating strategic and financing options to secure a long-term capital solution.
Sleep Number Corp stock (US8332141079): Adjustable bed market leader for US investors
Sleep Number Corp (SNBR) is highlighted as a leader in the US adjustable bed market, navigating economic shifts with its smart bed technology. The article details the company's Q4 2025 financial performance, including a decline in sales but improved gross margins, and discusses its direct-to-consumer business model and product innovation. It also positions Sleep Number for US investors interested in the resilient consumer discretionary sector.
UBS lowers Sleep Number stock price target to $2 on financing risk
UBS has lowered its price target on Sleep Number Corp. (NASDAQ:SNBR) to $2.00 from $4.00, maintaining a Neutral rating due to significant financing risk. The market is concerned about the company's short-term financing coming due and its capital structure, despite some recent top-line improvement. Sleep Number's Q1 2026 earnings missed analyst expectations for both EPS and revenue, further raising investor concerns.
Sleep Number Corporation (NASDAQ:SNBR) Q1 2026 Earnings Call Transcript
Sleep Number Corporation's Q1 2026 earnings call transcript reveals GAAP EPS of $-2.19, missing expectations. The company discusses a new $55 million liquidity agreement with lenders, including a $25 million term loan, to support its turnaround plan and new product launches. Despite a challenging start to Q1, demand improved in March, driven by new products and marketing efforts, with April sales trending positively.
Sleep Number Earnings Call: Momentum Amid Financing Strain
Sleep Number's Q1 earnings call revealed a mix of operational success and financial challenges. The company saw positive demand trends and significant cost savings driven by a rapid product reset, yet faced liquidity constraints, margin pressure, and an urgent need for balance sheet recapitalization. Management provided cautious guidance for Q2, emphasizing ongoing uncertainty until a long-term funding solution is secured amidst volatile macroeconomic conditions.
Earnings call transcript: Sleep Number’s Q1 2026 results reveal sharp earnings miss
Sleep Number Corporation experienced a significant earnings and revenue miss in Q1 2026, with EPS at -2.19 USD against an expected -0.14 USD, and revenue of 319 million USD falling short of forecasts. Despite the financial challenges, the company reported an improvement in demand in March and positive customer feedback for new product launches like ComfortMode. Sleep Number is implementing cost reduction initiatives and secured near-term liquidity relief from lenders as it works towards a longer-term solution for its capital structure.
Sleep Number Corp 1Q 2026: Revenue $318.99M, EPS ($2.19) — 10-Q Summary
Sleep Number Corp reported its first-quarter 2026 results, with revenue reaching $318.99 million and a net loss of $50.3 million, resulting in a diluted EPS of ($2.19). The company experienced a significant decline in revenue and net income compared to the prior year, primarily due to weaker demand and decreased comparable sales. In response, Sleep Number is implementing cost-saving measures, optimizing its store footprint, and introducing a new product line to simplify choices and broaden its customer base.
Earnings call transcript: Sleep Number’s Q1 2026 results reveal sharp earnings miss
Sleep Number Corporation reported a significant miss on both EPS and revenue for Q1 2026, leading to an 8.57% drop in pre-market stock trading. Despite these financial challenges, the company highlighted an improvement in demand in March, positive customer feedback on new product launches like ComfortMode, and an 18% reduction in operating expenses due to cost-saving initiatives. Sleep Number is focused on its turnaround plan, including product innovation, marketing, and addressing its capital structure.
Sleep Number (SNBR) Reports Q1 Loss, Beats Revenue Estimates
Sleep Number (SNBR) reported a Q1 loss of $2.19 per share, significantly missing the Zacks Consensus Estimate of a $0.27 loss, and posted revenues of $318.99 million, slightly surpassing estimates. The company's shares have dropped 71% year-to-date, and its earnings outlook, currently a Zacks Rank #3 (Hold), suggests it will perform in line with the market. The Furniture industry, to which Sleep Number belongs, is in the bottom 21% of Zacks industries, which could impact the stock's future performance.
Sleep Number posts $50M loss as restructuring costs mount
Sleep Number reported a $50 million loss in the first quarter due to significant restructuring costs totaling $22 million, despite CEO Linda Findley stating that year-over-year demand improved throughout the quarter. The company's revenue dropped by 19% as it focused on eliminating overhead and streamlining its product line. Sleep Number is now seeking additional liquidity from its lenders.
Sleep Number Q1 2026 Earnings Call: Complete Transcript
Sleep Number secured $55 million in incremental liquidity, including a $25 million term loan, to support its turnaround strategy and evaluate long-term capital structure solutions. The company reported Q1 net sales of $319 million, down 19% year-over-year but in line with expectations, driven by demand challenges and reduced media investment early in the quarter. Despite macroeconomic caution, Sleep Number is encouraged by customer response to new products like the Comfort Mode bed and a new marketing campaign, aiming for margin recovery as new inventory replaces legacy models.
Sleep Number (NASDAQ: SNBR) Q1 2026 sales fall as net loss deepens
Sleep Number Corporation reported a weak first quarter of 2026, with net sales down 18.9% year-over-year to $319 million and a net loss that widened to $50 million. The company is actively pursuing a turnaround strategy, including product redesigns and cost savings, and is evaluating strategic and financing options to address its long-term capital structure and significant debt. Despite these efforts, liquidity remains tight and going-concern risks are noted.
Sleep Number (NASDAQ: SNBR) posts deeper loss and flags going-concern risk
Sleep Number Corporation (NASDAQ: SNBR) reported a significant net loss of $50.3 million and a 19% decline in net sales to $319 million for the first quarter of 2026, leading to a flag of substantial doubt about its ability to continue as a going concern. The company faces liquidity challenges, high leverage, and does not expect to comply with credit facility covenants over the next 12 months, despite implementing a "Sleep Number Shifts" turnaround strategy and securing a recent credit agreement amendment that includes a $25 million term loan and short-term covenant forbearance. Management is actively exploring strategic and financing alternatives but cannot guarantee their success in alleviating the going-concern doubt.
Sleep Number: Q1 Earnings Snapshot
Sleep Number Corp. (SNBR) reported a first-quarter loss of $50.3 million, or $2.19 per share. The Minneapolis-based company, which sells beds, mattresses, and bedding products, posted revenues of $319 million for the period. This financial summary was generated from data by Zacks Investment Research through Automated Insights.
Sleep Number: Q1 Earnings Snapshot
Sleep Number Corp. (SNBR) reported a first-quarter loss of $50.3 million, or $2.19 per share. The Minneapolis-based company, which sells beds, mattresses, and bedding products, posted revenues of $319 million for the period. This earnings snapshot was generated using data from Zacks Investment Research.
Sleep Number: Q1 Earnings Snapshot
Sleep Number Corp. (SNBR) reported a significant loss of $50.3 million in its first quarter, amounting to $2.19 per share. The Minneapolis-based company, known for selling beds, mattresses, and bedding products, also posted revenue of $319 million for the period. This financial data indicates a challenging start to the year for the company.
Sleep Number: Q1 Earnings Snapshot
Sleep Number Corp. (SNBR) reported a significant loss in its first quarter, amounting to $50.3 million. The Minneapolis-based company, known for selling beds and bedding products, recorded a loss of $2.19 per share and generated $319 million in revenue for the period.
Sleep Number Class Action Reminder
Faruqi & Faruqi, LLP reminds investors of the February 14, 2022 deadline to seek lead plaintiff status in a federal securities class action against Sleep Number Corporation (NASDAQ: SNBR). The lawsuit alleges that Sleep Number made misleading statements regarding its supply chain and ability to meet customer demand following Winter Storm Uri, leading to significant financial losses for investors. Investors who lost over $100,000 between February 18, 2021, and July 20, 2021, are encouraged to contact the firm.
FMR LLC reports 105,412 shares in Sleep Number (SNBR) — Schedule 13G/A
FMR LLC has filed an Amendment No. 1 to a Schedule 13G/A, disclosing beneficial ownership of 105,412 shares, representing 0.5% of Sleep Number Corp (SNBR) common stock as of March 31, 2026. This filing indicates that FMR LLC holds sole dispositive power over these shares, and Abigail P. Johnson is also noted to have sole dispositive power over the same amount. The amendment underscores a passive investment intention, with no single other entity holding more than 5% of SNBR's outstanding common stock.
Sleep Number (SNBR) Says Performance Remains on Track with Q1 Expectations
Sleep Number Corporation (NASDAQ:SNBR) announced that its performance is in line with Q1 expectations, following the launch of a new product lineup, including ComfortMode, and a new marketing campaign. The company also secured $55 million in additional liquidity and relief on financial covenants to support its turnaround plan and evaluate strategic options. CEO Linda Findley noted positive customer reviews and improved Net Promoter Score for new products.
Sleep Number Deadline Alert
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 Sleep Number made false and misleading statements regarding its supply chain disruptions and ability to fulfill customer orders, leading to significant financial losses for investors. Investors who suffered losses exceeding $100,000 between February 18, 2021, and July 20, 2021, are encouraged to contact the firm.
Sleep Number Shareholder Alert
Faruqi & Faruqi, LLP is investigating potential claims against Sleep Number Corporation (NASDAQ: SNBR) and encourages investors who suffered losses exceeding $100,000 between February 18, 2021, and July 20, 2021, to contact them before the February 14, 2022 lead plaintiff deadline. The investigation focuses on whether Sleep Number made misleading statements regarding supply chain disruptions, particularly related to a foam shortage caused by Winter Storm Uri, which impacted their ability to fulfill customer orders and negatively affected financial results. The firm highlights stock price drops after poor earnings announcements linked to these supply chain issues.
As Sleep Number Secures $55 Million in Liquidity, a Major SNBR Stock Short Squeeze Could Be Brewing
Sleep Number (SNBR) has secured $55 million in additional liquidity, including a $25 million term loan, and received covenant relief, potentially setting the stage for a short squeeze. This financial lifeline comes as the company's new ComfortMode mattress is significantly exceeding sales expectations, and management has successfully implemented cost reductions. Despite anticipated near-term sales declines and ongoing refinancing evaluations, analysts predict significant free cash flow improvement and potential stock appreciation if current trends continue.
As Sleep Number Secures $55 Million in Liquidity, a Major SNBR Stock Short Squeeze Could Be Brewing
Sleep Number (SNBR) recently secured $55 million in additional liquidity and covenant relief, addressing a critical risk that had made it a heavily shorted stock. This financial boost, combined with strong sales of its new ComfortMode mattress and significant cost reductions, positions the company for a potential turnaround. Analysts currently rate SNBR as a "Hold," but improved free cash flow projections and high short interest suggest the possibility of a short squeeze and substantial stock appreciation if the turnaround continues.
Sleep Number Launches “To a Good Life’s Sleep™,” its Newest Fully Integrated Campaign and the Next Phase in its Brand Evolution
Sleep Number Corporation has launched "To a Good Life's Sleep™," its new integrated marketing campaign, marking a significant step in its brand evolution. Developed with Fallon, the campaign emphasizes personalized, adjustable comfort and how Sleep Number beds adapt to changing sleep needs, moving away from feature-centric messaging to a benefit-focused narrative. This strategy aims to support the company's redesigned portfolio and ongoing turnaround efforts, which have already shown positive results in brand consideration and customer satisfaction.
Sleep Number surges as lenders grant covenant relief and $55M liquidity boost
Sleep Number Corporation's stock (SNBR) surged 68.6% following a credit agreement amendment that provided $55 million in new liquidity and eased key covenant pressures, reducing bankruptcy concerns. The amendment includes a new $25 million term loan, covenant relief, and milestones for a strategic transaction, which may have also spurred short covering due to high short interest. Additionally, recent hedge fund activity shows both increased and decreased positions, while analysts have set a median target price of $4.5 for SNBR.
Sleep Number shifts gears with bold new marketing campaign
Sleep Number has launched a new integrated marketing campaign called "To a Good Life’s Sleep," shifting its messaging from product features to the everyday benefits of personalized sleep. The campaign, developed with agency Fallon, emphasizes how Sleep Number beds adapt to changing needs, reflecting a strategic pivot towards a lifestyle-driven narrative. This effort builds on previous 2026 marketing and aligns with the company's broader turnaround strategy focused on adaptability and sleep wellness.
Sleep Number secures $55M liquidity deal with lenders
Sleep Number has secured a $55 million liquidity deal with its lenders, including a $25 million term loan and relief on financial covenants, to address significant financial headwinds. Despite a substantial net loss and a "WEAK" financial health score from InvestingPro, the company notes progress on a strategic transaction and a recent product refresh. Shares have fallen significantly year-to-date, but InvestingPro analysis suggests the stock might be undervalued.
After years away, Sleep Number rolls out new ads around personalized comfort
Sleep Number Corporation has launched a new integrated marketing campaign, "To a Good Life’s Sleep," in partnership with Fallon, highlighting the personalized and adaptive comfort of its mattresses. This campaign marks a significant shift from feature-centric messaging to a benefit-focused narrative, aiming to communicate the unique adaptability of Sleep Number beds as sleepers' needs change. The strategy is part of the company's broader turnaround efforts and has already shown positive results in brand consideration among premium shoppers.
Sleep Number (NASDAQ: SNBR) gains $55M liquidity in lender forbearance deal
Sleep Number Corporation entered a forbearance agreement and Thirteenth Amendment to its Credit Agreement, securing a new $25 million term loan and covenant relief. This deal provides approximately $55 million of additional liquidity, with the term loan maturing on June 30, 2026, at one-month term SOFR plus 8%. The company reported that its first-quarter 2026 performance is in line with expectations and it is moving forward with a turnaround plan, including a new product portfolio and marketing campaign.
Sleep Number (NasdaqGS:SNBR) Stock Forecast & Analyst Predictions
Sleep Number Corporation's (SNBR) stock outlook shows that analysts expect future earnings and revenue to grow by 79.8% and 2.7% per annum respectively. The company has recently refreshed its mattress portfolio and made leadership team changes, while facing challenges such as highly volatile share price, negative equity, and analyst revisions reflecting more cautious views and lowered price targets. Insider transactions indicate some buying activity, and the company has been navigating a challenging consumer market and is focusing on cost cuts and product differentiation.
SNBR Price Today: Sleep Number Corporation Stock Price, Quote & Chart | MEXC
This article provides real-time stock information for Sleep Number Corporation (SNBR) on MEXC, highlighting its current trading price of $2.37 with a recent -3.86% dip. It details key market data such as market cap, daily highs and lows, and recent price performance, including a +18.25% return over the last month but a -68.04% change over 12 months. Additionally, the guide explains how to buy SNBR stock on MEXC and offers extensive FAQ about the company's financial performance, sector classification, and dividend policy.
Travis Kelce to pitch Sleep Number beds as Kansas City Chiefs star invests in tech-focused firm
Travis Kelce, tight end for the Kansas City Chiefs, is expanding his business ventures by becoming a brand ambassador and investor in Sleep Number. He will be featured in national marketing campaigns and contribute to product development, emphasizing the importance of sleep for athletic performance. Doug Krurse, CEO of Sleep Number, highlighted Kelce's genuine passion for the product and his role in promoting smart, individualized sleep.
Sleep Number (SNBR) Projected to Post Earnings on Wednesday
Sleep Number (NASDAQ:SNBR) is expected to announce its Q1 2026 earnings before market open on Wednesday, April 29th. Analysts anticipate an EPS of ($0.35) and revenue of $320.718 million. The company missed prior quarter estimates significantly, leading to a "Reduce" consensus rating and a target price of $4.50, with the stock currently trading near its 52-week low.
Sleep Number Corp stock (US8332141079): Is its adjustable bed niche strong enough to unlock new upsi
Sleep Number Corp is at a crucial juncture, leveraging its specialized niche in adjustable smart beds and sleep tracking technology amidst broader macroeconomic challenges and intense competition. The company's direct-to-consumer model and proprietary tech differentiate it, focusing on health-conscious consumers and affluent households. Analysts currently hold a neutral stance, emphasizing the need for robust execution in digital transformation and cost controls to navigate market uncertainties and unlock future growth.
Sleep Number Corp (SNBR) Stock Price & 30 Year Financial Data
This GuruFocus page provides comprehensive financial data for Sleep Number Corp (SNBR) spanning 30 years. It details growth rates for revenue, EPS, EBIT, EBITDA, and free cash flow, alongside market capitalization and valuation ratios. The article emphasizes data presentation options and disclaimers regarding investment advice.
SNBR PE Ratio & Valuation, Is SNBR Overvalued
Sleep Number Corp (SNBR) is currently considered undervalued, with a fair price estimated between $95.30 and $138.83 compared to its current price of $1.50, suggesting it's 98.43% undervalued. Despite this, its current Price-to-Book ratio, Forward Free Cash Flow yield, and P/S ratio indicate unusual valuation metrics when compared to historical averages and industry competitors. The article provides detailed breakdowns of these financial ratios and their implications for SNBR's valuation.
William Albaugh – Sleep Number
William "Will" Albaugh, Senior Director of Real Estate, Construction, and Facilities at Sleep Number, utilizes his lifelong fascination with maps and geography to strategically optimize the company's 600-store retail footprint. Facing a challenging economic landscape, Albaugh is leading a shift from aggressive expansion to market-by-market optimization, aiming for a more efficient and profitable store base. His approach combines art, analytics, and a deep understanding of spatial behavior to ensure Sleep Number's physical presence supports its mission to improve lives through better sleep.
Sleep Number Seeks Rescue Financing to Avoid Bankruptcy
Sleep Number is facing a severe financial crisis, reporting a net loss of $59 million and experiencing a significant stock price plunge. The company is actively seeking rescue financing from Guggenheim Partners, including a $50 million priming loan, to avoid bankruptcy. Sleep Number has also expressed "substantial doubt" about its ability to continue as a going concern in its SEC filings, highlighting operational constraints and the urgency of securing new funding.
As Sleep Number Races to Avoid Bankruptcy, Could SNBR Stock Be the Next Meme Rally?
Sleep Number Corporation's (SNBR) stock has plummeted due to severe financial distress, including heavy debt and declining sales, leading to warnings of potential bankruptcy. Despite these challenges, the company is attempting a turnaround with a new product lineup and cost-cutting measures. Analysts hold a "Hold" rating, but some project significant upside, suggesting the stock could become a speculative meme rally candidate due to its extreme volatility and discounted price.
