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Sleep Number Stock Price, News & Analysis

SNBR NASDAQ

Company Description

About Sleep Number

Sleep Number Corp. is a renowned wellness technology company dedicated to transforming the sleep experience through innovative, personalized solutions. Combining advanced sleep monitoring with precision engineering, the company designs, manufactures, markets, and distributes a comprehensive line of smart beds and sleep accessories. With a strong emphasis on vertical integration, Sleep Number maintains strict control over every phase of the product lifecycle, from concept and production to direct-to-consumer retail execution. This approach allows the company to continuously refine its offerings and provide high-quality, customized products that address diverse sleep needs.

Business Model and Operational Excellence

The core of Sleep Number’s business model is built around direct sales through exclusive channels, including physical stores, online platforms, and dedicated customer support services. Its vertically integrated system ensures that all aspects of design, manufacturing, marketing, and distribution are managed internally, fostering a level of quality control and customer service that distinguishes the company in a competitive market. By leveraging its proprietary SleepIQ technology, the company is able to deliver not just a product but a personalized sleep experience, where each smart bed adapts to individual sleep patterns and preferences.

Innovative Technology and Product Portfolio

At the heart of Sleep Number’s product innovation is SleepIQ technology, a sophisticated system that monitors, analyzes, and adjusts sleep conditions to maximize quality rest. This technology is embedded exclusively in its smart beds, setting a benchmark in the sleep solutions market. Complementing its smart beds are an extensive range of sleep products, including adjustable bases, bedding, pillows, and sleep accessories, all designed to create a holistic sleep environment. The integration of these products ensures a seamless, user-friendly experience, enabling consumers to take control of their sleep health.

Market Position and Competitive Insights

Operating in a dynamic and competitive segment of wellness technology, Sleep Number has established itself as a critical player through its emphasis on innovation and customer-centric design. Its exclusive, direct-to-consumer model reduces reliance on third-party retailers and fosters a closer connection with its customer base. This strategy not only enhances brand integrity but also provides valuable feedback for ongoing product improvements. The company’s focus on personalized sleep solutions and advanced sleep analytics positions it strategically amid other traditional sleep product manufacturers and tech innovators in the health and wellness arena.

Customer-Centric Corporate Ethos

Sleep Number’s mission centers on improving lives by individualizing sleep experiences. The company prides itself on a culture that values diverse perspectives and unique talents, ensuring that every employee’s contribution drives innovation and excellence. This blend of technological prowess with a genuine commitment to customer well-being reinforces the company’s reputation as a trusted provider of sleep solutions, empowering consumers to pursue healthier, more restorative sleep.

E-E-A-T Driven Expertise and Industry Impact

Embracing a comprehensive approach to sleep technology, Sleep Number exemplifies industry expertise through its judicious use of sleep data, stringent quality standards, and continuous product innovation. The strategic incorporation of industry-specific keywords such as wellness technology, vertical integration, and sleep monitoring underscores its role as a pivotal innovator in enhancing sleep quality. Each aspect of its business is defined by a clear commitment to excellence, detailed product insights, and an unwavering dedication to customer satisfaction, making it a reliable and authoritative voice in the sleep solutions market.

Stock Performance

$—
0.00%
0.00
Last updated:
7.17 %
Performance 1 year
$110.1M
Market Cap
22.7M
Shares outstanding

SEC Filings

No SEC filings available for Sleep Number.

Financial Highlights

$1,682,296,000
Revenue (TTM)
-$20,334,000
Net Income (TTM)
-$0.90
Diluted EPS (TTM)
$27,143,000
Operating Cash Flow
-1.21%
Net Profit Margin
1.36%
Oper. Profit Margin

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Frequently Asked Questions

What is the current stock price of Sleep Number (SNBR)?

The current stock price of Sleep Number (SNBR) is $6.57 as of April 24, 2025.

What is the market cap of Sleep Number (SNBR)?

The market cap of Sleep Number (SNBR) is approximately 110.1M.

What is the revenue (TTM) of Sleep Number (SNBR) stock?

The trailing twelve months (TTM) revenue of Sleep Number (SNBR) is $1,682,296,000.

What is the net income of Sleep Number (SNBR)?

The trailing twelve months (TTM) net income of Sleep Number (SNBR) is -$20,334,000.

What is the earnings per share (EPS) of Sleep Number (SNBR)?

The diluted earnings per share (EPS) of Sleep Number (SNBR) is -$0.90 on a trailing twelve months (TTM) basis.

What is the operating cash flow of Sleep Number (SNBR)?

The operating cash flow of Sleep Number (SNBR) is $27,143,000.

What is the profit margin of Sleep Number (SNBR)?

The net profit margin of Sleep Number (SNBR) is -1.21%.

What is the operating margin of Sleep Number (SNBR)?

The operating profit margin of Sleep Number (SNBR) is 1.36%.

What is the gross margin of Sleep Number (SNBR)?

The gross profit margin of Sleep Number (SNBR) is 59.61%.

What is the current ratio of Sleep Number (SNBR)?

The current ratio of Sleep Number (SNBR) is 0.20, indicating the company's ability to pay short-term obligations.

What is the gross profit of Sleep Number (SNBR)?

The gross profit of Sleep Number (SNBR) is $1,002,773,000 on a trailing twelve months (TTM) basis.

What is the operating income of Sleep Number (SNBR)?

The operating income of Sleep Number (SNBR) is $22,872,000.

What is Sleep Number Corp.'s primary business focus?

Sleep Number specializes in personalized sleep solutions, designing and producing smart beds and sleep accessories using advanced technology.

How does Sleep Number differentiate its product offerings?

The integration of proprietary SleepIQ technology in its products allows for real-time sleep tracking and tailored adjustments, enhancing personalized sleep experiences.

What is included in Sleep Number’s product portfolio?

The company's offerings include smart beds, adjustable bases, bedding, pillows, and other sleep accessories, all designed to improve sleep quality.

How does Sleep Number generate revenue?

Revenue is generated through direct-to-consumer sales via exclusive retail channels such as physical stores, online platforms, and dedicated customer service centers.

What role does SleepIQ technology play in their products?

SleepIQ technology monitors and analyzes sleep patterns, enabling smart adjustments to improve sleep quality and providing a unique, data-driven sleep experience.

Who are the target customers for Sleep Number?

The company targets consumers seeking personalized sleep solutions and those interested in leveraging technology to enhance their overall sleep health.

How does vertical integration benefit Sleep Number’s operations?

Vertical integration allows Sleep Number to manage every aspect of its operations in-house, ensuring consistent quality control and a more individualized customer experience.

How is Sleep Number positioned within its competitive landscape?

With its focus on advanced sleep monitoring and personalized products, Sleep Number stands distinct from traditional sleep product manufacturers by continuously innovating within the wellness technology sector.