Sleep NumberSNBR
SNBR
About: Sleep Number Corp. is a wellness technology company engaged in the design, manufacturing, marketing and distribution of sleep solutions. The Company generates revenue by marketing and selling its smart beds directly to new and existing customers through its vertically integrated, exclusive, direct-to-consumer retail touch points including Stores, Online, Phone, and Chat (Total Retail). The products offered by the company are Mattresses, Bedding, Pillows and Furniture.
Employees: 4,145
0
Funds holding %
of 7,139 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
42% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 31
35% more call options, than puts
Call options by funds: $2.61M | Put options by funds: $1.94M
30% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 20
7.08% more ownership
Funds ownership: 84.69% [Q3] → 91.77% (+7.08%) [Q4]
4% more funds holding
Funds holding: 116 [Q3] → 121 (+5) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 4 [Q3] → 4 (+0) [Q4]
6% less capital invested
Capital invested by funds: $347M [Q3] → $326M (-$20.6M) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for SNBR.
Financial journalist opinion
Neutral
Business Wire
3 days ago
Sleep Number Corporation to Announce Fourth Quarter and Full Year 2024 Results on March 5th
MINNEAPOLIS--(BUSINESS WIRE)--Sleep Number Corporation (Nasdaq: SNBR) will release its fiscal fourth quarter and full year results through December 28, 2024, after market close on Wednesday, March 5, 2025. 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 avail.
Negative
Zacks Investment Research
1 month ago
3 Furniture Stocks Navigating a Tough Industry Landscape
Deteriorating U.S. consumer confidence and concerns for future business growth are risks for the industry. Yet, the focus on product innovation and technological solutions raises hope for LZB, SNBR and FLXS.
Neutral
Business Wire
2 months ago
Stadium Capital Proposes Pat Hopf and Gary Fazio as Executive Chair and Senior Advisor to Sleep Number's Board
NEW CANAAN, Conn.--(BUSINESS WIRE)--Stadium Capital Management, LLC (together with certain of its affiliates, “Stadium Capital” or “we”), the largest shareholder of Sleep Number Corporation (NASDAQ: SNBR) (“Sleep Number” or the “Company”) with ownership of approximately 11.7% of the Company's outstanding shares, today released the below open letter to the Company's shareholders. *** December 19, 2024 Fellow Shareholders, On November 25, 2024, we communicated our serious concerns about Sleep Num.
Neutral
Business Wire
2 months ago
Stadium Capital Management Urges Sleep Number's Board of Directors to Respect Shareholders' Calls for Boardroom Changes
NEW CANAAN, Conn.--(BUSINESS WIRE)--Stadium Capital Management, LLC (together with certain of its affiliates, “Stadium Capital” or “we”) is the largest shareholder of Sleep Number Corporation (NASDAQ: SNBR) (“Sleep Number” or the “Company”), owning approximately 11.7% of the Company's outstanding shares. Today, Stadium Capital issued the below letter to the Company's Board of Directors (the “Board”). *** December 12, 2024 Members of the Board: The legendary investor Benjamin Graham famously sai.
Neutral
Business Wire
2 months ago
Stadium Capital Management Nominates Four Exceptionally Qualified Director Candidates to Sleep Number's Board of Directors
NEW CANAAN, Conn.--(BUSINESS WIRE)--Stadium Capital Management, LLC (together with certain of its affiliates, “Stadium Capital” or “we”) is the largest shareholder of Sleep Number Corporation (NASDAQ: SNBR) (“Sleep Number” or the “Company”), owning approximately 11.7% of the Company's outstanding shares. Today, Stadium Capital issued the below letter to shareholders regarding its nomination of four highly qualified, independent candidates for election to the Company's Board of Directors (the “B.
Positive
Seeking Alpha
2 months ago
Sleep Number: Navigating Market Cycles While Building Operational Excellence
Sleep Number demonstrates operational resilience with improving margins (60.8%) and positive free cash flow ($34M) despite revenue headwinds, showing strong execution in a challenging market environment. Technology leadership position and smart bed capabilities create significant competitive advantage, though higher SG&A costs (55%) reflect challenges to educate consumers about air mattress. Trading at historical low valuation (0.7x EV/Sales) with record discount to Tempur Sealy.
Negative
Market Watch
2 months ago
A big investor says Sleep Number's board can't be trusted on this crucial matter
After a long slump for Sleep Number Corp.'s stock price and weaker demand for its smart mattresses, one big investor, Stadium Capital Management, went public with its frustrations with the company on Monday, calling for a shakeup of its board and changes to what it said was a “flawed” search process for a new CEO.
Neutral
Business Wire
2 months ago
Sleep Number Comments on Public Letter to Shareholders from Stadium Capital Management
MINNEAPOLIS--(BUSINESS WIRE)--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”): The Board of Directors (the “Board”) and leadership team of Sleep Number welcome shareholder input and suggestions. To that end, we have engaged extensively with Stadium and last November added two directors recommended by Stadi.
Neutral
Business Wire
2 months ago
Stadium Capital Management Issues Letter to Sleep Number Shareholders Regarding the Need for a Reconstituted Board and Independent CEO Search
NEW CANAAN, Conn.--(BUSINESS WIRE)--Stadium Capital Management, LLC today sent the below letter to shareholders of Sleep Number Corporation (NASDAQ: SNBR). *** November 25, 2024 Fellow Sleep Number Shareholders: Stadium Capital Management, LLC (together with certain of its affiliates, “Stadium Capital” or “we”) is the largest shareholder of Sleep Number Corporation (“Sleep Number” or the “Company”), owning approximately 11.7% of the Company's outstanding shares. We hold our position because we.
Neutral
Zacks Investment Research
3 months ago
Here's What Key Metrics Tell Us About Sleep Number (SNBR) Q3 Earnings
While the top- and bottom-line numbers for Sleep Number (SNBR) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
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