Sleep Number Corp is a company specializing in the design, manufacturing, and marketing of high-quality sleep products, particularly adjustable beds and mattresses that allow users to customize their sleeping experience
The company focuses on leveraging innovative technology, including sleep-tracking capabilities, to enhance the sleep quality of its customers. Sleep Number is committed to promoting better health and wellness through improved sleep, providing personalized solutions that cater to individual sleep needs and preferences. With a combination of advanced engineering and customer-centric service, Sleep Number aims to transform the way people experience rest and rejuvenation.
What a time it’s been for Sleep Number. In the past six months alone, the company’s stock price has increased by a massive 64.8%, reaching $15.03 per share. This run-up might have investors contemplating their next move.
Bedding manufacturer and retailer Sleep Number (NASDAQSNBR) fell short of the market’s revenue expectations in Q3 CY2024, with sales falling 9.7% year on year to $426.6 million. Its GAAP loss of $0.14 per share was 34.9% above analysts’ consensus estimates.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Williams-Sonoma (NYSEWSM) and the rest of the home furniture retailer stocks fared in Q2.
