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.
SNBR Stock Price, Quote & Chart | SLEEP NUMBER CORP (NASDAQ:SNBR)
This article provides a detailed overview of Sleep Number Corp (SNBR) stock, including its current price, performance metrics, and key statistics. It highlights significant price decreases over the past year and months, presents ChartMill's technical and fundamental ratings, and outlines recent earnings and future analyst forecasts. The company's profile, sector classification, and financial highlights are also included.
M Partners amendment shows no holdings in Sleep Number (SNBR) — 0 shares reported
M Partners Fund LP, its general partner M Partners Fund (GP) LLC, and managing member Ali John Mirshekari, have filed a Schedule 13G/A amendment reporting 0% beneficial ownership of Sleep Number Corp (SNBR). The filing formally confirms they hold 0 shares out of 22,864,000 outstanding shares as of January 31, 2026. This administrative clarification has a neutral impact on investors, noting that future amendments would disclose any subsequent purchases.
Vanguard (SNBR) disaggregates holdings; files 13G/A showing 0 shares
The Vanguard Group has filed an amendment to its Schedule 13G/A for Sleep Number Corp (SNBR), reporting 0 shares beneficially owned. This change is due to an internal realignment effective January 12, 2026, which led to certain Vanguard subsidiaries reporting their holdings separately. The filing confirms that Vanguard no longer aggregates beneficial ownership for these units.
Sleep Number CEO to be presented with Elon University Medal for Entrepreneurial Leadership
Linda Findley, President, CEO, and Director at Sleep Number, will receive the 2026 Elon University Medal for Entrepreneurial Leadership. Findley, an Elon alumna, is being recognized for her innovative leadership and significant impact across global consumer brands, including previous roles at Alibaba.com, Evernote, Etsy, and Blue Apron. The award ceremony will take place on April 22 and is open to the campus community.
Sleep Number Corp stock faces pressure amid consumer slowdown and Q4 earnings anticipation
Sleep Number Corp is facing significant pressure due to a slowdown in consumer spending on premium bedding and anticipated Q4 earnings. The company, known for its adjustable smart beds, has seen declining demand for luxury items as US consumers face economic caution and inflation. Investors are closely watching for signs of recovery, with the stock's future depending on holiday sales performance, cost controls, and the company's ability to navigate sector-wide challenges and increasing competition.
Sleep Number director Hilary Schneider to depart board following CEO appointment at SimpliSafe
Sleep Number Corporation announced that director Hilary A. Schneider will leave its Board of Directors after the 2026 Annual Meeting of Shareholders. This decision follows her appointment as CEO of SimpliSafe and is not due to disagreements with Sleep Number's operations. The company acknowledged her contributions, while recent financial reports indicate Sleep Number's net sales declined in Q4 2025, and UBS lowered its price target due to leverage concerns.
Sleep Number CEO details turnaround plan, new mattress lineup - Bizwomen
Linda Findley, CEO of Sleep Number Corp., is implementing a turnaround strategy including aggressive cost-cutting measures and a significant overhaul of the product line. The company reduced its mattress models from 12 to seven, simplified categories, and introduced a lower-priced model that has outperformed sales expectations, aiming to attract new and younger customers. Findley is focused on returning to profitable growth for 2026 by driving volume and stabilizing the company’s capital structure.
Sleep Number CEO details turnaround plan, new mattress lineup - Bizwomen
Sleep Number CEO Linda Findley is spearheading a turnaround plan for the smart-bed manufacturer, which includes aggressive cost-cutting measures and a significant overhaul of its product line. Despite a 16% drop in year-end sales, Findley has identified $235 million in total cost reductions and is simplifying the mattress lineup from 12 to seven models, aiming to return to profitable growth. A new low-priced model has already outperformed sales expectations, and a partnership with Travis Kelce targets younger customers as part of the strategy to broaden appeal and stabilize the company's capital structure.
Sleep Number director Hilary Schneider to depart board following CEO appointment at SimpliSafe By Investing.com
Hilary A. Schneider will resign from Sleep Number Corp's Board of Directors after the 2026 Annual Meeting due to new board service limitations following her appointment as CEO of SimpliSafe. Sleep Number stated her departure is not due to any disagreements and expressed appreciation for her contributions. This news follows Sleep Number's Q4 2025 financial results, which showed a decline in sales but some investor optimism, and a lowered price target from UBS due to concerns about the company's leverage.
Sleep Number (SNBR) board member Hilary Schneider to exit after 2026 meeting
Hilary A. Schneider will depart from Sleep Number Corporation's Board of Directors after the Company’s 2026 Annual Meeting of Shareholders. This decision stems from new board service limitations due to her recent appointment as CEO of SimpliSafe. Sleep Number stated that her departure is not a result of any disagreement with the company's operations, policies, or practices.
Hilary A. Schneider to Depart Sleep Number Board after 2026 Annual Meeting
Hilary A. Schneider will step down from Sleep Number's board of directors following the company's 2026 Annual Meeting. Her departure is due to her recent appointment as CEO of SimpliSafe and is not related to any disagreement with Sleep Number. The company has not yet disclosed information regarding her replacement.
Sleep Number cuts mattress lineup to 7 as 5 new beds hit stores
Sleep Number Corporation has launched a redesigned mattress portfolio, reducing its lineup from 12 to 7 beds, including five new models. This initiative is part of the company's largest product reset in nearly a decade, aiming to simplify the shopping experience and improve customer engagement. The beds offer enhanced comfort, personalized adjustability, and temperature benefits, with some featuring a new Tri-Brid™ design.
Ramstad: There’s no time for rest at Sleep Number
Minneapolis-based Sleep Number is undergoing a significant makeover to reverse four years of declining sales since its 2021 peak. The company, which recently received a "going concern" warning, is launching new ComfortMode mattresses, cutting expenses, and engaging Travis Kelce as a spokesperson. Despite challenges from a stagnant housing market and rising interest rates, CEO Linda Findley believes the new product lineup and cost-saving measures will position the company for a turnaround.
Sleep Number CEO details turnaround plan, new mattress lineup - Bizwomen
Sleep Number CEO Linda Findley is nearing her first anniversary and is actively working to turn around the company's sluggish sales. While sales were down 16% year-over-year, the decline was less than analysts predicted. Findley implemented significant cost-cutting measures, including executive changes, and plans further reductions and business model changes for 2026.
Sleep Number CEO details turnaround plan, new mattress lineup - Bizwomen
Sleep Number CEO Linda Findley is implementing a turnaround plan after the company reported a 16% sales drop, aiming to return to profitable growth by 2026. The strategy includes $235 million in cost reductions, restructuring the C-suite, and overhauling the product line by simplifying it from 12 to seven mattress models. A new lower-priced model has already outperformed sales expectations, and the company has partnered with Travis Kelce to attract younger audiences.
Sleep Number (SNBR) EVP Melissa Barra granted 55,804 shares, with 5,557 withheld for taxes
Sleep Number Corp EVP Melissa Barra reported receiving 55,804 shares of common stock as an equity grant on March 16, 2026. Concurrently, 5,557 shares were withheld to cover tax obligations on vested restricted stock, not as a market sale. Following these transactions, Barra directly holds 168,190 shares and 86,678 restricted stock units that will vest over time.
Sleep Number (SNBR) legal chief gets 46,038-share award, nets 115,772
Samuel R. Hellfeld, EVP Chief Legal & Risk Officer of Sleep Number Corp (SNBR), received a grant of 46,038 shares on March 16, 2026. On the same date, 6,172 shares were disposed of at $3.45 each to cover tax obligations related to the vesting of 17,199 restricted stock award shares. Following these transactions, Hellfeld directly owns 115,772 common stock shares and holds an additional 6,505.1463 shares indirectly through a 401(k) plan, with 73,193 restricted stock units yet to vest.
Sleep Number CEO details turnaround plan, new mattress lineup - Bizwomen
Linda Findley, CEO of Sleep Number, is implementing a turnaround plan after the company experienced a 16% decline in year-end sales. Her strategy includes aggressive cost-cutting measures, significant leadership changes, and a complete overhaul of the mattress product line to simplify offerings and attract new customers. The company aims to restore profitable growth by focusing on efficiency, a lower-priced entry model, strategic partnerships, and clarifying its brand message around sleep importance.
Sleep Number (SNBR) SVP granted shares, with some withheld for tax
Sleep Number Corp's SVP and Chief Supply Chain Officer, Tanya C. Skogerboe, received a grant of 22,322 common shares and had 3,547 shares withheld for tax obligations related to the vesting of restricted stock. After these transactions, she directly holds 66,652 common shares and indirectly holds 2,517.4642 shares through a 401(k), in addition to 45,086 restricted stock units. This report clarifies that the withheld shares were for tax purposes and not an open-market sale.
Sleep Number (SNBR) grants stock awards to principal accounting officer
Sleep Number Corp's principal accounting officer, Kelly F. Baker, received 7,814 shares of common stock as stock-based compensation on March 16, 2026. A total of 352 shares were withheld to cover estimated tax obligations related to the vesting of 966 restricted shares. After these transactions, Baker directly holds 10,359 restricted stock units that will vest over time.
Sleep Number (SNBR) CMO awarded 33,483 restricted stock units
Sleep Number's EVP and Chief Marketing Officer, Amber Minson, was granted 33,483 restricted stock units (RSUs) as an equity award, increasing her total holdings to 55,207 RSUs. This grant, valued at $0.00 per share, is part of her compensation package and aligns her interests with the company's future performance, as the RSUs will vest over time. The filing marks a routine executive equity compensation event rather than an open-market transaction.
Sleep Number Corp (SNBR) CEO awarded 279,018 stock units in Form 4
Sleep Number Corp President and CEO Linda Findley was awarded 279,018 shares of common stock as a compensation grant, as reported in a recent Form 4 filing. This non-cash equity award increased her direct holdings to 926,624 shares, which include restricted stock units that vest over time. The grant ties her ownership to continued service and performance for the company.
Sleep Number Corp reports results for the quarter ended December 31 - Earnings Summary
Sleep Number Corp has released its earnings summary for the quarter ended December 31. The report provides key financial results for the specified period. This brief update details the company's performance for the quarter.
Sleep Number Corp (SNBR) CFO awarded 66,965 restricted stock units
Sleep Number Corp's EVP & CFO, Amy K. O'Keefe, was granted 66,965 shares of common stock as a stock award, as reported in a Form 4 SEC filing. This transaction, which involved no cash payment, increases her holdings to 136,707 restricted stock units that will vest over time. The filing indicates this is an equity-based compensation award, not an open-market purchase or sale.
Sleep Number ties CFO stock awards to 2026-28 sales, cash flow
Sleep Number Corporation has granted equity awards to its Executive Vice President and Chief Financial Officer, Amy O’Keefe, as a material inducement for her employment. These awards include restricted stock units vesting over three years and performance stock units, which will vest based on net sales growth, free cash flow goals for fiscal years 2026-2028, and the company's relative total shareholder return, with a potential maximum payout of 200%. The grants were approved by the Board of Directors and are outside the company’s equity incentive plan, adhering to Nasdaq Listing Rule 5635(c)(4).
Sleep Number Welcomes Travis Kelce as Its Newest Strategic Partner and Investor
Sleep Number has announced a strategic partnership with three-time Super Bowl champion Travis Kelce, who also becomes an investor in the company. Kelce has used Sleep Number products since 2019 and will be featured in national advertising campaigns over the next three years to share his experience with the brand's impact on his performance and recovery. This collaboration extends Sleep Number's deep engagement with the NFL, where it serves as the Official Sleep + Wellness Partner.
Sleep Number launches new beds while sending Wall Street a warning
Sleep Number Corp. introduced five new smart bed models while simultaneously issuing a "going concern" warning to investors due to cash shortfalls and mounting debts. The company, under new CEO Linda Findley, reported significant losses and declining sales for Q4 and the full year, although new initiatives and product launches like the ComfortMode model show promising initial results. Sleep Number plans to renegotiate debt and explore financial alternatives to address its uncertain future.
UBS cuts Sleep Number stock price target to $4 on leverage concerns
UBS has lowered its price target for Sleep Number Corp. to $4.00 from $10.00, citing significant leverage and liquidity concerns. The company's shares are experiencing a "binary outcome" as investors weigh insolvency and impairment risk, with total debt at 92% of capital and a current ratio of 0.16. Sleep Number's sales remain under pressure, making it difficult to meet debt covenants and suggesting potential further store closures.
Sleep Number sales slide 16% as company bets on new beds to spark growth
Sleep Number reported significant sales declines and a wider loss for fiscal 2025, with net sales down 16% to $1.41 billion and a net loss of $132 million. Despite these results, the company is implementing a turnaround strategy including $185 million in cost reductions, store count consolidation, and the launch of new "smart bed" product lines like ComfortMode, ComfortNext, and Climate, aiming to stabilize performance and return to profitable growth in the second half of 2026. Guggenheim Securities has been engaged to evaluate strategic options to address liquidity and strengthen the balance sheet.
Sleep Number Corp. Announces Product Reset Introducing Innovative Beds
Sleep Number Corporation (Nasdaq: SNBR) has announced its largest product reset in nearly a decade, introducing five new innovative beds across three distinct collections: ComfortMode, ComfortNext, and Climate. These new offerings aim to deliver a luxury experience at more approachable price points, simplifying the portfolio from 12 to 7 beds while focusing on personalized adjustability, temperature management, and enhanced comfort. The new lineup, including a refreshed base portfolio, will be available online and in stores starting March 23, 2026.
Sleep Number Corp. Announces Quarterly and Annual Financial Losses for 2025 - News and Statistics
Sleep Number Corp. reported a significant financial loss for its most recent quarter and the full fiscal year of 2025. The company recorded a quarterly loss of $58.5 million ($2.55 per share, or $1.95 adjusted) on revenues of $347.4 million. For the entire fiscal year, Sleep Number posted a total loss of $132 million ($5.77 per share) with annual revenue reaching $1.41 billion.
Sleep Number Redesigns Its Mattress Portfolio with Five Innovative New Beds That Adapt Night After Night as Customers’ Needs Change – Company Announcement - FT.com
Sleep Number Corporation has announced its largest product reset in nearly a decade, introducing five new beds across three collections: ComfortMode™, ComfortNext™, and Climate™. These new offerings aim to provide enhanced comfort, personalized adjustability, and temperature benefits at more approachable price points, simplifying the portfolio from 12 to seven beds. The products will be available online and in stores starting March 23, 2026, building on the successful launch of ComfortMode, which exceeded sales expectations.
New Sleep Number lineup features bed linked to 52.5 minutes of restful sleep
Sleep Number Corporation has announced its largest product reset in nearly a decade, introducing a new portfolio of five innovative beds designed to offer luxury experiences at more accessible price points. Available March 23, these mattresses cater to varied sleep needs, emphasizing comfort, adjustability, and temperature benefits across three collections: ComfortMode, ComfortNext, and Climate. Notably, the Climate Collection includes beds that incorporate science-backed temperature technology and are associated with up to 52.5 minutes more restful sleep per night for users.
Sleep Number: Q4 Earnings Snapshot
Sleep Number Corp. reported a Q4 loss of $58.5 million, or $2.55 per share, with adjusted losses of $1.95 per share. The company's revenue for the quarter was $347.4 million. For the full year, Sleep Number posted a loss of $132 million on revenue of $1.41 billion.
Sleep Number (SNBR) Reports Q4: Everything You Need To Know Ahead Of Earnings
Sleep Number (SNBR) is set to announce its Q4 earnings results. The company missed analysts' revenue expectations last quarter and is projected to see a 12.8% year-on-year revenue decline this quarter. Analysts have largely reconfirmed their estimates, and the stock is trading significantly below its average analyst price target.
OneWater, Kohl's, Grocery Outlet, Sleep Number, and Designer Brands Shares Are Falling, What You Need To Know
Shares of OneWater, Kohl's, Grocery Outlet, Sleep Number, and Designer Brands experienced declines following a surge in crude oil prices, fueled by escalating geopolitical conflict in the Middle East. This rise in oil prices is expected to lead to increased inflation, negatively impacting consumer discretionary spending and the profitability of companies in this sector. For instance, Grocery Outlet shares dropped significantly, exacerbated by disappointing Q4 2025 financial results and a weak 2026 forecast.
Sleep Number schedules Q4 and 2025 results call for March 12
Sleep Number Corporation (Nasdaq: SNBR) announced it will release its fiscal fourth-quarter and full-year 2025 results before market open on Thursday, March 12, 2026. Management will host a conference call at 8:30 a.m. EDT to discuss the results. The webcast will be available via the company's investor relations website, with a replay accessible for approximately 60 days.
Sleep Number, Petco, and Sally Beauty Shares Plummet, What You Need To Know
Shares of Sleep Number, Petco, and Sally Beauty fell significantly due to concerns about a widening conflict in the Middle East potentially harming the global economy and consumer spending. The market reaction was part of a broader stock sell-off, with the consumer discretionary sector being particularly affected. Investors are worried about rising oil prices and inflation, which could impact demand for non-essential goods and services.
Sleep Number, Petco, and Sally Beauty Shares Plummet, What You Need To Know
Shares of Sleep Number, Petco, and Sally Beauty fell following concerns that a widening conflict in the Middle East could negatively impact the global economy and consumer spending. This led to a stock market sell-off, particularly affecting the consumer discretionary sector. Investors fear rising oil prices and inflation, further squeezing household budgets and impacting demand for non-essential goods and services.
Sleep Number Corp expected to post a loss of 50 cents a share - Earnings Preview
Sleep Number Corp (SNBR) is anticipated to report a loss of 50 cents per share in its upcoming earnings announcement. This information is provided as an earnings preview by Reuters, based on Refinitiv data. The article highlights investor expectations for the company's financial performance.
SNBR SEC Filings - Sleep Number 10-K, 10-Q, 8-K Forms
This page provides a comprehensive resource for Sleep Number (SNBR) SEC filings, including annual 10-K reports, quarterly 10-Q reports, 8-K material event filings, and insider trading forms. It details how the Minnesota-based sleep wellness company uses these disclosures to report on its financial condition, governance, and events like credit agreement amendments and leadership changes. The platform also offers AI-powered summaries to help investors understand the implications of these regulatory documents.
Why Is Sleep Number (SNBR) Stock Soaring Today
Sleep Number (SNBR) stock jumped 12.8% after its Minneapolis headquarters building sold for $235 million, significantly higher than its assessed value. The high sale price was due to the building housing a growing data center for AI and cloud-computing companies, unlocking substantial value for Sleep Number. Despite this recent gain, the company previously experienced a significant drop due to disappointing Q4 results and is still trading below its 52-week high.
Sleep Number launches new ComfortMode bed with lifestyle-focused ad
Sleep Number has introduced its new ComfortMode mattress with a marketing campaign focused on adapting to changing life stages, rather than technical specifications. Despite facing significant financial challenges and a considerable debt burden, the company aims to broaden its customer base and improve marketing ROI. Recent developments include NFL tight end Travis Kelce becoming an investor and brand partner, and the appointment of Amy O’Keefe as the new CFO.
Travis Kelce to Pitch Sleep Number Beds as Kansas City Chiefs Star Invests in Tech-Focused Firm
Kansas City Chiefs tight end Travis Kelce has become an investor in Sleep Number Corp. and will appear in national TV ads for the smart bed company. This partnership highlights the evolving nature of celebrity endorsement deals, with Kelce sharing his personal experience with Sleep Number products to promote their impact on performance. The Super Bowl winner will help market the mattresses' adjustable features, including firmness, support, and temperature control.
Analysts Offer Insights on Consumer Cyclical Companies: Sleep Number (SNBR) and RH (RH)
Analysts have issued neutral ratings for Sleep Number (SNBR) and RH (RH), indicating a non-bullish or bearish stance on these consumer cyclical stocks. UBS analysts maintained Hold ratings for both companies, with Sleep Number having an average price target of $12.00 and RH an average price target of $214.00, representing modest upsides.
Sleep Number shares advance on insider buying
Sleep Number (NASDAQ: SNBR) shares showed an upward trend following significant insider buying. The article notes that several insiders acquired shares, signaling confidence in the company's future prospects. This move often suggests that those with intimate knowledge of the company believe the stock is undervalued or expect positive developments.
Sleep Number shares advance on insider buying
The article reports that Sleep Number's shares advanced due to insider buying. Specific details about the insider transactions or the extent of the share advance are not provided in this snippet.
