Articles from Sleep Number Corporation

Today, Sleep Number Corporation (Nasdaq: SNBR) (“Sleep Number” or the “Company”) issued the following statement in response to the public letter to shareholders from Stadium Capital Management, LLC (together with its affiliates, “Stadium”):

Sleep Number Corporation (Nasdaq: SNBR) announced today that Shelly Ibach has shared her plans to retire as Chair, President and Chief Executive Officer, no later than the 2025 Annual Meeting of Shareholders (the “2025 Annual Meeting”). Pursuant to its established succession plan, the Board of Directors (the “Board”) has engaged an independent executive search firm to help identify Ibach’s CEO successor. To support an effective transition, Ibach will continue to serve as Chair through the conclusion of the 2025 Annual Meeting and has agreed to serve as a strategic advisor to the new CEO and Board through the end of 2025.

Sleep Number Corporation (Nasdaq: SNBR) today reported results for the quarter ended September 28, 2024.

Sleep Number Corporation (Nasdaq: SNBR) will release its fiscal third quarter results through September 28, 2024, after market close on Wednesday, October 30, 2024. 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. PDT). To access the webcast, please visit the investor relations area of the Sleep Number website at https://ir.sleepnumber.com. The webcast replay will remain available for approximately 60 days.

In celebration of World Menopause Day on October 18, Sleep Number Corporation (Nasdaq: SNBR), announced a “Hot Flash Sale” to help raise awareness of the important link between temperature, menopause and sleep, and the crucial need to improve the sleep quality of those experiencing menopause. The Hot Flash Sale features special offers on the brand’s complete portfolio of innovations dedicated to tackling the temperature fluctuations that sleepers face. As a women-led company, Sleep Number is committed to supporting women’s health through all stages and improving the health and wellbeing of society through higher quality sleep. In fact, the brand’s latest temperature research investigates the link between sleep and menopause. The results validated that menopause symptoms negatively impact sleep quality, and nearly 90 percent of research respondents experiencing menopause or perimenopause sweat at night. World Menopause Day is held annually to raise awareness, break the stigma and highlight the support available for improving the wellbeing of those experiencing menopause.

Today, Sleep Number Corporation (Nasdaq: SNBR), the sleep wellness technology leader, launched the new ClimateCool™ smart bed: the only smart bed that actively cools and effortlessly adjusts to both sleepers – ideal for couples with different sleep needs and preferences. Sleep Number’s latest smart bed builds on the active temperature technology of its award-winning Climate360® smart bed, which cools and warms on both sides. In addition to featuring adjustable firmness on each side, the new ClimateCool delivers cooling relief for each sleeper by actively drawing warm air away from their body to support their ideal climate. Plus, it features scientifically backed cooling programs, developed in partnership with research conducted at the Feinberg School of Medicine at Northwestern University. The programs are designed to provide deeper, more comfortable sleep. In fact, the ClimateCool smart bed cools up to 15 degrees on each side of the bed for each sleeper's ideal sleep temperature* and cools up to 20 times faster than a leading competitor.** The new smart bed is available as part of Sleep Number’s new Climate™ Series, a collection of smart beds designed with active air technology and individualized temperature control.

Sleep Number Corporation (Nasdaq: SNBR) today reported results for the quarter ended June 29, 2024.

Sleep Number Corporation (Nasdaq: SNBR) will release its second quarter results through June 29, 2024, after market close on Wednesday, July 31, 2024. 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. PDT). To access the webcast, please visit the investor relations area of the Sleep Number website at https://ir.sleepnumber.com. The webcast replay will remain available for approximately 60 days.

Today, Sleep Number Corporation (Nasdaq: SNBR), the sleep wellness technology leader, unveiled its new Sleep Number® c1 smart bed at only $999 (Queen). The brand’s best value, the c1 offers the same signature adjustable firmness on either side and sleep technology features as Sleep Number’s higher-end smart beds. For under $1,000, sleepers receive their ideal comfort and support; breathable technology that draws heat away from the body; and personalized digital sleep health insights to help improve sleep over time. And, because only Sleep Number® smart beds are designed specifically for the differing needs of couples, both sleepers can tailor their preferences to meet their unique sleep needs; in fact, Sleep Number Smart Sleepers get 28 minutes more restful sleep per night.

Today, Sleep Number Corporation (Nasdaq: SNBR), a sleep wellness technology leader, announced it will present new research at SLEEP 2024 in Houston. Findings will show results of four studies leveraging smart bed data collected in a real-world, home environment, and the Smart Sleeper Panel, a cohort of more than 468,000 Sleep Number smart bed sleepers who’ve opted to participate in sleep science research. These studies further demonstrate the research capabilities of Sleep Number smart beds to understand the impact of sleep on health and advance sleep science without an in-lab sleep study. Sleep Number’s wellness technology platform, used by global research institutions, plus its 26 billion hours’ worth of highly accurate sleep and biosignal data from millions of smart sleepers could, in the future, revolutionize the way sleepers screen for health risks at home. They can also simplify the way healthcare providers detect and monitor sleep disorders.

In a groundbreaking recognition of innovation and impact, sleep wellness technology leader Sleep Number Corporation (Nasdaq: SNBR) and the American Cancer Society (ACS) have been honored with the Golden Halo Award for Best Intersectional Initiative in 2024. The award, presented by Engage for Good, celebrates brand and non-profit initiatives that break new ground in addressing multiple causes and communities simultaneously, marking a significant milestone in corporate social responsibility. The Best Intersectional Initiative category is new for 2024 and spotlights projects that embrace intersectionality in their mission to rise above conventional boundaries, targeting diverse issues and communities with a unified approach.

Sleep Number Corporation (Nasdaq: SNBR) today reported results for the quarter ended March 30, 2024.

Sleep Number Corporation (Nasdaq: SNBR) will release its first quarter results through March 30, 2024, after market close on Wednesday, April 24, 2024. 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. PDT). To access the webcast, please visit the investor relations area of the Sleep Number website at https://ir.sleepnumber.com. The webcast replay will remain available for approximately 60 days.

Sleep Number Corporation (Nasdaq: SNBR) today reported results for the year ended December 30, 2023.

Sleep Number Corporation (Nasdaq: SNBR) will release its fourth quarter and full year results through December 30, 2023, after market close on Thursday, February 22, 2024. Management will host its regularly scheduled conference call to discuss the company’s results at 5 p.m. EST (4 p.m. CST; 2 p.m. PST). To access the webcast, please visit the investor relations area of the Sleep Number website at https://ir.sleepnumber.com. The webcast replay will remain available for approximately 60 days.

Today, Sleep Number Corporation (Nasdaq: SNBR), a wellness technology leader, announced it earned a spot in the 2024 Forbes Best Customer Service List. Sleep Number was selected following a year-long survey of 201,000 people in the U.S. who provided 4.2 million ratings on more than 3,000 brands. The list honors the top companies that customers say best serve their needs in dozens of categories, including knowledge and attitude of staff and speed of service.

Today, Sleep Number Corporation (Nasdaq: SNBR), a wellness technology leader, announced that – with the recommendation from a health care provider to help with a medical condition – sleepers may be able to apply their Health Savings Account (HSA) and Flex Spending Account (FSA) to their Sleep Number smart bed purchase. The cutting-edge Sleep Number smart beds provide unmatched value: they use the science of each individual’s personal sleep to effortlessly adjust firmness for their one-of-a-kind needs; they monitor vital personal health data and sleep trends using research-grade sensors; and continuously analyze and personalize sleep insights in partnership with leading sleep health experts.

Sleep Number Corporation (Nasdaq: SNBR) today reported results for the quarter ended September 30, 2023.

Sleep Number Corporation (Nasdaq: SNBR) today announced that it has appointed Stephen E. Macadam and Hilary A. Schneider to its Board of Directors (the “Board”), effective immediately, expanding the Board to twelve members. In conjunction with the appointments, Sleep Number entered into a cooperation agreement (the “Cooperation Agreement”) with Stadium Capital Management, LLC (collectively with its affiliates, “Stadium Capital”), one of the company’s shareholders.

Today, Sleep Number Corporation (Nasdaq: SNBR), a wellness technology leader, announced it earned the highest position in the J.D. Power 2023 U.S. Mattress Satisfaction Study for mattresses purchased in-store. Sleep Number was named first in terms of price, variety of features and warranty factors. This award marks the fourth time Sleep Number has received this distinction by J.D. Power.*

Sleep Number Corporation (Nasdaq: SNBR) will release its fiscal third quarter results through September 30, 2023, after market close on Tuesday, November 7, 2023. Management will host its regularly scheduled conference call to discuss the company’s results at 5 p.m. EST (4 p.m. CST; 2 p.m. PST). To access the webcast, please visit the investor relations area of the Sleep Number website at https://ir.sleepnumber.com. The webcast replay will remain available for approximately 60 days.

Today, Sleep Number Corporation (Nasdaq: SNBR), a wellness technology leader, announced new research presented at the Heart Failure Society of America (HFSA) Annual Scientific Meeting in Cleveland. Data presented show results of a study in collaboration with investigators at Mayo Clinic analyzing the connection between sleep abnormalities and heart failure with preserved ejection fraction (HFpEF), the most common cause of heart failure. The study, titled "Sleep Abnormalities Among Community Participants at Risk for Heart Failure," leveraged longitudinal sleep data from Sleep Number smart beds with Mayo Clinic’s AI capabilities and clinical expertise.

Sleep Number Corporation (“Sleep Number” or the “Company”) (Nasdaq: SNBR), a wellness technology leader, today issued the following statement regarding the press release from Stadium Capital Management, LLC (“Stadium Capital”), one of the Company’s shareholders:

Today, Sleep Number Corporation (Nasdaq: SNBR), a wellness technology leader, announced its Biggest Sale of the Year will begin on August 8. All Sleep Number smart beds will be on sale, which are designed to help sleepers get their best sleep and support their body’s changing needs over time. Plus, 94% of Sleep Number® smart bed sleepers report better sleep quality vs a non-smart bed.*

Sleep Number Corporation (Nasdaq: SNBR), a wellness technology company, today announced the appointment of Francis Lee to Executive Vice President (EVP) and Chief Financial Officer (CFO), effective August 14, 2023. He will assume the role from Chris Krusmark, EVP and Chief Human Resources Officer, who has held the position of Interim CFO since January 2023.

Sleep Number Corporation (Nasdaq: SNBR) today reported results for the quarter ended July 1, 2023.

Sleep Number Corporation (Nasdaq: SNBR) will release its fiscal second quarter results through July 1, 2023, after market close on Thursday, July 27, 2023. 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. PDT). To access the webcast, please visit the investor relations area of the Sleep Number website at https://ir.sleepnumber.com. The webcast replay will remain available for approximately 60 days.

Sleep Number Corporation (Nasdaq: SNBR) today reported results for the quarter ended April 1, 2023.

Today, Sleep Number Corporation (Nasdaq: SNBR), a wellness technology leader, kicked off its “Sleep Next Level™” brand positioning campaign, featuring Gabrielle Union and Dwyane Wade. The new films debut the brand’s strategic partnership with global creative agency 72andSunny. Fresh off the launch of the next gen Sleep Number® smart beds earlier this month, “Sleep Next Level” is a call for all achievers, including parents, entrepreneurs and athletes, to take control of their sleep by harnessing the life-changing benefits of individualized sleep, made possible by the brand’s highly innovative smart bed technology.

Sleep Number Corporation (Nasdaq: SNBR) will release its fiscal first quarter results through April 1, 2023, after market close on Wednesday, April 26, 2023. 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. PDT). To access the webcast, please visit the investor relations area of the Sleep Number website at https://ir.sleepnumber.com. The webcast replay will remain available for approximately 60 days.

Today, Sleep Number Corporation (Nasdaq: SNBR), a wellness technology leader, announced the launch of its next gen Sleep Number® smart beds and Lifestyle Furniture. Sold separately but optimally used together, the innovations are intended to help sleepers get their best sleep and realize their full potential through every stage of life.

Today, Sleep Number Corporation (Nasdaq: SNBR) announced the publication of its 2023 Corporate Sustainability Report, which provides a comprehensive update of the company’s environmental, social and governance (ESG) priorities and progress. A participant of the United Nations Global Compact (UNGC) since 2020, Sleep Number is committed to incorporating the UNGC principles into its strategy, culture and day-to-day operations and advancing ESG initiatives in pursuit of sustainable, profitable growth that benefits all stakeholders.

Sleep Number Corporation (Nasdaq: SNBR) today reported results for the year ended December 31, 2022.

In advance of World Cancer Day on February 4, Sleep Number Corporation (Nasdaq: SNBR) today announces it is the proud recipient of the American Cancer Society’s (ACS) 2022 Corporate Partner of the Year Award. The national honor recognizes Sleep Number as a leading supporter in the fight against cancer and its meaningful impact to ACS’s mission.

Sleep Number Corporation (Nasdaq: SNBR) today announced that Executive Vice President and Chief Financial Officer David Callen is stepping down from his position to pursue other opportunities, effective January 30. He will continue to serve in a financial advisory role through March 3, as the company executes a smooth transition through the report of its 2022 financial results.

Sleep Number Corporation (Nasdaq: SNBR) today reported results for the quarter ended October 1, 2022.

Sleep Number Corporation (Nasdaq: SNBR) will release its fiscal third quarter results through October 1, 2022, after market close on Wednesday, October 26, 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. PDT). To access the webcast, please visit the investor relations area of the Sleep Number website at https://ir.sleepnumber.com. The webcast replay will remain available for approximately 60 days.

Today, Sleep Number Corporation (Nasdaq: SNBR), the sleep health and wellness technology leader, announced the launch of the Climate360 smart bed. It’s the world’s first and only** sleep solution to help address temperature concerns, keeping sleepers at their ideal temperature throughout the night. The Climate360 smart bed is designed to help reduce core body temperature, working with one’s natural sleep cycles, actively warming and then cooling the microclimate - the area immediately surrounding each sleeper - for deeper, more restful sleep. Available now, it also offers Sleep Number’s signature effortless firmness adjustability, highly accurate sleep tracking and personalized insights.

Today, Sleep Number Corporation (Nasdaq: SNBR), the sleep and wellness technology leader, announces a renewed three-year commitment with the Los Angeles Rams. Sleep Number will continue to be the “Official Sleep + Wellness Partner” for the LA Rams through the 2024 season.

Today, Sleep Number Corporation (Nasdaq: SNBR), the sleep and wellness technology leader, announces a renewed five-year commitment to the Dallas Cowboys. Sleep Number will continue to be the “Official Sleep + Wellness Partner” for the Cowboys through the 2026-2027 season.

Sleep Number Corporation (Nasdaq: SNBR) today reported results for the quarter ended July 2, 2022.

Sleep Number Corporation (Nasdaq: SNBR) will release its second quarter results through July 2, 2022, after market close on Wednesday, July 27, 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. PDT). To access the webcast, please visit the investor relations area of the Sleep Number website at https://ir.sleepnumber.com. The webcast replay will remain available for approximately 60 days.

Sleep Number Corporation (Nasdaq: SNBR), the sleep health, science, and research leader, today announces new data from its 360 smart bed at SLEEP 2022, the 36th annual meeting of the Associated Professional Sleep Societies, LLC from June 4-8 in Charlotte, NC. Data presented showed results of a study to measure skin temperature using sensors to be deployed in 360 smart beds, and a study to measure daytime alertness using Sleep Number’s proprietary SleepIQ® technology, which is embedded in every 360 smart bed.

Sleep Number Corporation (Nasdaq: SNBR), the sleep health, science, research and innovation leader, today announced publication of its new study in the journal Sensors. The publication shows that SleepIQ® technology, the operating system of the Sleep Number 360® smart bed, demonstrated strong correlations in measuring sleep data compared to traditional laboratory PSG, the current gold standard of measuring sleep. PSG, however, is impractical to use longitudinally, and places a high burden on the user. The results of this study suggest the 360 smart bed may provide a reliable, longitudinal measurement of sleep quality, while enabling access to sleep data from the comfort of one’s home and from large populations for longer, continuous periods of time than what is feasible with PSG. To date, Sleep Number has leveraged and learned from over 14 billion hours of sleep data gathered from over 1.8 billion real-world sleep sessions. Sleep Number data also show sleepers using 360 smart bed technology achieve 170 hours more restful sleep per year - an average of 28 minutes a night.*

Today Sleep Number Corporation (Nasdaq: SNBR), the sleep health, science, research and innovation leader, announced a new nationwide sustainability initiative. With a goal of building a more environmentally conscious company, Sleep Number is transitioning much of its operational footprint to renewable energy, advancing the company’s sustainability goals as a participant to the United Nations Global Compact.

Sleep Number Corporation (Nasdaq: SNBR) today reported results for the quarter ended April 2, 2022.

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. PDT). To access the webcast, please visit the investor relations area of the Sleep Number website at https://ir.sleepnumber.com. The webcast replay will remain available for approximately 60 days.

Today Sleep Number Corporation (Nasdaq: SNBR), the sleep health, science, research and innovation leader, announced its Board of Directors has unanimously elected Shelly R. Ibach as Board Chair, effective May 12, 2022, following the Company’s Annual Meeting of Shareholders. Ibach will continue to serve as Sleep Number’s President and CEO. She succeeds Jean-Michel Valette, who served as Board Chair since May 2010 and will remain on the Board.

Sleep Number Corporation (Nasdaq: SNBR) today reported results for the year ended January 1, 2022.

Sleep Number Corporation (Nasdaq: SNBR) will release its fourth quarter and full year results through January 1, 2022, after market close on Wednesday, February 23, 2022. Management will host its regularly scheduled conference call to discuss the company’s results at 5 p.m. EST (4 p.m. CST; 2 p.m. PST). To access the webcast, please visit the investor relations area of the Sleep Number website at https://ir.sleepnumber.com. The webcast replay will remain available for approximately 60 days.

In advance of World Cancer Day on Friday, February 4, Sleep Number Corporation (Nasdaq: SNBR) and the American Cancer Society (ACS) today announced a landmark partnership to embark upon foundational sleep research to inform the first-ever, cancer-specific sleep guidelines. Over the next six years, ACS will conduct research with contributions from Sleep Number’s proprietary sleep data and sleep expertise to identify the impact of quality sleep on cancer prevention and recovery, with the goal of improving sleep outcomes for cancer patients and survivors.

Today at CES® 2022, Sleep Number Corporation (Nasdaq: SNBR), the sleep health, science, research and innovation leader, announced its most dynamic technology platform. The new 360® smart bed’s advanced sensing capabilities will enable future features to proactively monitor and improve an individual’s sleep and health over time, responding to their changing needs through evolving life stages. Sleep Number also unveiled smart furniture to complement and enhance the health and wellness features of the 360 smart bed. These new innovations, which were honored with three CES® 2022 Innovation Awards, reveal a future where advanced monitoring, personalized insights and health evaluations are possible from home and empower simplified, preventative health care at any life stage.

Sleep Number Corporation (Nasdaq: SNBR), a company with purpose, announces a new multi-year partnership with the American Cancer Society to benefit cancer patients and caregivers. The sleep health, research and innovation leader will be furnishing the Society’s Hope Lodges with its life-changing 360® smart beds, Sleep Number® bedding and other sleep solutions to provide comforting sleep experiences to patients staying there during their cancer treatment journey.

Sleep Number Corporation (Nasdaq: SNBR) today reported results for the quarter ended October 2, 2021.

Sleep Number Corporation (Nasdaq: SNBR), the leader in sleep health, innovation, science, and research, today announced the appointment to its Board of Directors of Phillip Eyler, a transformational global leader of thermal technology solutions for automotive and medical customers, and Angel L. Mendez, an accomplished global operations executive in multinational technology companies.

Sleep Number Corporation (Nasdaq: SNBR), the leader in sleep health, innovation, science and research, today announces a new partnership with the Los Angeles Rams. Sleep Number is now the Rams “Official Sleep + Wellness Partner.”

Sleep Number Corporation (Nasdaq: SNBR) will release its third quarter results through October 2, 2021, after market close on Wednesday, October 27, 2021. 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. PDT). To access the webcast, please visit the investor relations area of the Sleep Number website at https://ir.sleepnumber.com. The webcast replay will remain available for approximately 60 days.

Sleep Number Corporation (Nasdaq: SNBR), an innovation leader in sleep health, science and research, announces My Sleep Health, the newest Sleep Number 360® smart bed feature to advance the company’s purpose of improving the health and wellbeing of society through higher quality sleep. This new technology feature delivers a weekly view into one’s sleep health trends with actionable and personalized recommendations based on sleep duration, efficiency and timing, three factors that contribute to quality sleep. My Sleep Health’s data-driven insights – along with the brand’s other features, such as effortless adjustability, temperature balancing sleep surface, Circadian Rhythm Insights, nighttime Heart Rate Variability, My Daytime Alertness and monthly HealthIQ™ Wellness Reports – will help individuals achieve the proven quality sleep they need to support their health.

Sleep Number Corporation (Nasdaq: SNBR) today reported results for the quarter ended July 3, 2021.

Sleep Number Corporation (Nasdaq: SNBR) will release its second quarter results through July 3, 2021, after market close on Tuesday, July 20, 2021. 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. PDT). To access the webcast, please visit the investor relations area of the Sleep Number website at https://ir.sleepnumber.com. The webcast replay will remain available for approximately 60 days.

Today, Sleep Number Corporation (Nasdaq: SNBR), a leader in sleep health, innovation, science and research, presented data as posters from two new studies using its 360® smart bed at SLEEP 2021, the 35th annual meeting of the Associated Professional Sleep Societies, LLC from June 10 to 13. Data presented at the meeting show results of a predictive model of COVID-19 infection based on sleep metrics and results from a large study analyzing overnight heart rate variability (HRV), providing further evidence for the benefits of the 360 smart bed and SleepIQ® technology as potential devices for evaluating population health. The award-winning 360 smart bed and its operating system, SleepIQ technology, deliver individualized sleep health evaluations and outcomes by automatically sensing and effortlessly responding to the needs of sleepers, requiring nothing for the sleeper to wear or do. The 360 smart bed effortlessly adjusts throughout the night, digitally sensing each sleeper’s movements and automatically adjusting the firmness to keep both sleepers comfortable. SleepIQ technology is embedded in every 360 smart bed.

Sleep Number Corporation (Nasdaq: SNBR) today reported results for the quarter ended April 3, 2021.

Sleep Number Corporation (Nasdaq: SNBR), a leader in sleep health, innovation, science and research, announces My Daytime Alertness. Insights from this Sleep Number 360® smart bed feature, along with the brand’s other wellness features, help sleepers continuously achieve higher quality sleep and improve their overall health and wellbeing.

Sleep Number Corporation (Nasdaq: SNBR) will release its first quarter results through April 3, 2021, after market close on Wednesday, April 21, 2021. 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. PDT). To access the webcast, please visit the investor relations area of the Sleep Number website at https://ir.sleepnumber.com. The webcast replay will remain available for approximately 60 days.