STOCK TITAN

Sleep Number Launches Climate360™ Smart Bed: Actively Cools, Warms and Effortlessly Responds to Each Sleeper

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary

Sleep Number Corporation (NASDAQ: SNBR) has launched the Climate360 smart bed, the first sleep solution that actively regulates temperature throughout the night for improved sleep quality. Designed to address the common issue of temperature discomfort during sleep, the bed allows for personalized microclimates for each sleeper. Research indicates that such temperature control can enhance sleep quality. A survey revealed that nearly 90% of users reported improved sleep since using the Climate360. Priced at $9,999, the smart bed also features advanced sleep tracking and adjustability options.

Positive
  • Launch of the Climate360 smart bed aimed at improving sleep quality through temperature regulation.
  • 90% of in-home testers reported improved sleep quality with the Climate360 smart bed.
  • Includes highly accurate sleep tracking and personalized insights for enhanced user experience.
  • Smart bed technology aims to provide 28 minutes more restful sleep per night.
Negative
  • High price point of $9,999 may limit market accessibility.
  • -

With 80% of couples reporting one or both partners sleep too hot or cold*, the new Climate360 smart bed regulates temperature for improved sleep quality

Science shows quality sleep enhances physical, mental and emotional health

MINNEAPOLIS--(BUSINESS WIRE)-- 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.

Sleep Number announced the launch of the Climate360 smart bed: the world’s first sleep solution to help address temperature concerns, keeping sleepers at their ideal temperature throughout the night. (Photo: Business Wire)

Sleep Number announced the launch of the Climate360 smart bed: the world’s first sleep solution to help address temperature concerns, keeping sleepers at their ideal temperature throughout the night. (Photo: Business Wire)

According to a Sleep Number survey, regulating temperature during sleep is an issue for most people, with 80% of couples reporting one or both partners sleep too hot or cold. Yet studies have indicated that temperature regulation throughout the night can lead to higher quality sleep: research shows that a slight decrease of 1 to 1.5 degrees in core body temperature helps sleepers fall asleep quicker and stay asleep.

Because all people are physiologically different, the Climate360 smart bed allows sleepers to choose the personalized microclimate that is most comfortable for them, on their side of the bed. It is designed to warm an individual’s feet, which helps release heat through the skin to help lower core body temperature. Doing this sends signals to the brain that it’s bedtime and helps each sleeper fall asleep faster. Then, throughout the night as the body loses heat, the Climate360 smart bed uses routines or preferences selected by each individual to either cool or warm according to the sleeper’s needs. It cools by removing heat from the smart bed and warms by gently pushing warm air into the microclimate.

“Many people struggle to regulate their temperature during sleep, especially couples,” said Annie Bloomquist, Chief Innovation Officer, Sleep Number. “The Climate360 smart bed delivers the quality sleep needed to live a healthy life by regulating each partner’s temperature and adjusting to their personal sleep environment, their microclimate. Almost 90 percent of in-home testers reported that their sleep quality improved since using the Climate360 smart bed. We are not only launching our most advanced sleep technology, but we’re also addressing temperature and comfort concerns in a way no bed has been able to before.”

Every Sleep Number 360® smart bed, including the new Climate360 smart bed, is operated by a proprietary sleep system designed to deliver an adaptive and individually curated sleep experience. It controls the experience of the smart bed, providing effortless comfort and automatic adjustability. It also accurately tracks average heart rate, average breathing rate and body motion using research-grade sensors – combining the physical and digital worlds – to deliver enhanced sleep wellness, remedy sleep issues and aid in recovery, all with the future goal to help improve an individual’s health over time. The system’s dynamic algorithm – which measures sleep time, restful and restless sleep, average respiratory rate and in-bed HRV – gathers billions of longitudinal biometric and sleep data points from millions of real-word sleepers. And, the 360 smart beds deliver proven quality sleep: Sleep Number data shows that sleepers using 360® smart bed technology achieve 28 minutes more restful sleep per night.

The Climate360 smart beds include a smart adjustable base, offering both head and foot adjustability for more individualized comfort options. The smart adjustable base includes endless head and foot positions to soothe tired muscles. It also allows sleepers to gently elevate their partners’ heads to help alleviate snoring, includes under-bed lighting and a Zero Gravity option so sleepers can enjoy weightlessness.

The Sleep Number Climate360 smart bed is available now at sleepnumber.com beginning at $9,999 (Queen size, includes smart adjustable base). Sleepers can enjoy a Special Introductory Offer beginning today – details are available on our website. The new Climate360 smart bed is also available at our nearly 675 Sleep Number® stores.

About Sleep Number Corporation

Sleep Number is a leader in sleep and wellness technology. Our 360® smart bed platform connects the physical and digital worlds, creating an immersive, adaptive, and individualized sleep health experience. Quality sleep is vital for physical, mental, and emotional wellbeing; our smart beds deliver exceptional sleep by automatically sensing and effortlessly adjusting to the needs of each sleeper. Through partnerships with the world’s leading health and research institutions, we are advancing sleep science with our 16 billion hours of highly accurate, longitudinal sleep data from millions of sleepers in our Smart SleeperSM community.

Sleep Number is a company with purpose, with over 5,500 mission-driven team members who are dedicated to improving the health and wellbeing of society through higher quality sleep. We have improved more than 14 million lives and are committed to lifelong relationships with our smart sleepers.

For life-changing sleep, visit SleepNumber.com or one of our nearly 675 Sleep Number® stores. More information is available on our newsroom and investor relations sites.

*Results from a 2020 Sleep Number survey of 1,004 respondents who reported they or their partner sometimes sleep too hot or too cold.

**Sleep Number’s Climate360 smart bed is the first and only bed to actively cool, warm and effortlessly respond to each sleeper. Based on use of temperature features and our proprietary Responsive Air® technology.

†Based on study of 78 Sleep Number® Insiders over four months, comparing their sleep quality on the Climate360™ smart bed to that of their previous Sleep Number ® bed. Participants were compensated.

‡Based on average SleepIQ® data from 8/1/21-2/28/22 of sleepers engaging with Sleep Number® setting, SleepIQ® data and FlexFit™ adjustable base vs. sleepers who have those features but didn’t similarly engage with them.

Forward-looking Statements

Statements used in this news release relating to future plans, events, or performance such as future in-store product availability are forward-looking statements subject to certain risks and uncertainties. Additional information concerning these and other risks and uncertainties is contained in the company’s filings with the Securities and Exchange Commission (SEC), including the Annual Report on Form 10-K, and other periodic reports filed with the SEC. The company has no obligation to publicly update or revise any of the forward-looking statements in this news release.

Julie Elepano

Sleep Number Public Relations

Julie.Elepano@sleepnumber.com

Nichole Teixeira

Sleep Number Public Relations

Nichole.Teixeira@sleepnumber.com

Source: Sleep Number Corporation

FAQ

What is the Climate360 smart bed launched by Sleep Number (SNBR)?

The Climate360 smart bed is the first sleep solution that actively regulates temperature to improve sleep quality, allowing for personalized microclimates for each sleeper.

How much does the Climate360 smart bed cost?

The Climate360 smart bed starts at $9,999 for a Queen size, including a smart adjustable base.

What benefits does the Climate360 smart bed provide?

It helps improve sleep quality by regulating temperature, with nearly 90% of testers reporting better sleep since using it.

How does the Climate360 smart bed track sleep?

It features advanced sensors that provide accurate tracking of heart rate, breathing rate, and sleep patterns.

Where can I buy the Climate360 smart bed from Sleep Number (SNBR)?

The Climate360 smart bed is available at sleepnumber.com and in nearly 675 Sleep Number stores.

Sleep Number Corporation

NASDAQ:SNBR

SNBR Rankings

SNBR Latest News

SNBR Stock Data

369.35M
20.78M
6.6%
89.05%
15.35%
Furnishings, Fixtures & Appliances
Household Furniture
Link
United States of America
MINNEAPOLIS