SNBR Stock Recent News

MINNEAPOLIS--(BUSINESS WIRE)--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 sle.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

MINNEAPOLIS--(BUSINESS WIRE)--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.

MINNEAPOLIS--(BUSINESS WIRE)--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 corpora.

Although the revenue and EPS for Sleep Number (SNBR) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Sleep Number (SNBR) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Deteriorating U.S. consumer confidence and concerns for future business growth are concerns for the industry. Yet, focus product innovation & technological solutions raise hope for AMWD, SNBR and FLXS.

Start Time: 17:00 January 1, 0000 5:42 PM ET Sleep Number Corporation (NASDAQ:SNBR ) Q1 2024 Earnings Conference Call April 24, 2024, 17:00 PM ET Company Participants Shelly Ibach - Chair, President and CEO Francis Lee - EVP and CFO Dave Schwantes - VP, Finance and IR Conference Call Participants Peter Keith - Piper Sandler Robert Griffin - Raymond James Seth Basham - Wedbush Dan Silverstein - UBS Bradley Thomas - KeyBanc Operator Welcome to Sleep Number's Q1 2024 Earnings Conference Call. All lines have been placed in a listen-only mode until the question-and-answer session.

Sleep Number (SNBR) came out with quarterly earnings of $0.03 per share, beating the Zacks Consensus Estimate of a loss of $0.41 per share. This compares to earnings of $0.51 per share a year ago.

Sleep Number Corporation stock has lost over half its value in the past year, while the benchmark has risen by close to a third. We touch upon some of the negative sub-plots that have weighed on the stock. Whilst the industry may not grow this year as well, we are encouraged by the steps that the company is taking to address its cost-base and generate free cash flow.