Sleep Number Corporation, together with its subsidiaries, offers sleep solutions and services in the United States. The company designs, manufactures, markets, retails, and services beds, pillows, sheets, and other bedding products under the Sleep Number name. It also provides adjustable bases under the FlextFit, and smart beds under the Sleep Number 360 brands. The company sells its products directly to consumers through retail, online, phone, and chat as well as through its e-commerce activities. As of January 2, 2022, it operated approximately 648 retail stores in 50 states. The company was formerly known as Select Comfort Corporation and changed its name to Sleep Number Corporation in November 2017. Sleep Number Corporation was founded in 1987 and is headquartered in Minneapolis, Minnesota.

Sleep Number Corporation

Sleep Number manufactures and sells smart beds and related sleep products, self-described as outperforming leading memory foam beds.

Sleep Number

Sleep Number Corporation | 24,474 followers on LinkedIn. Working Together, Always Dreaming | Sleep Number team members are part of a passionate, purpose-driven culture that supports improving the health and wellbeing of society through higher quality sleep. We are not just focused on our customers, however; being a Sleep Number team member means your personal wellbeing is important, too. As we continue to grow, we are looking for team members who will bring their unique personalities, backgrounds, and skills to work.

Michelle Welle Rowe

Engagement Manager, Services Delivery Manager, Customer Success Manager

Sharis Roe DeJaynes

Sr. Director of Software Engineering

Kirk Reierson

Program, Project and Process Management

Jaime Drahozal

Yesterday, we announced after nearly 18 years with #TeamSleepNumber , including 12 years as President and CEO, Shelly Ibach shared her plans to retire as Chair, President and CEO in the first half of 2025. Under Shelly’s leadership, Sleep Number transitioned from a mattress manufacturer named Select Comfort to a sleep wellness technology leader. Shelly’s innumerable contributions include the introduction of our life-changing smart beds and digital wellness platform; evolution of our company’s purpose – to improve the health and wellbeing of society through higher quality sleep; and the creation of a vertically integrated business model with exclusive direct-to-consumer distribution through nearly 650 Sleep Number stores and online. We extend our heartfelt gratitude to Shelly for her visionary and courageous leadership, and for making Sleep Number the purpose-driven company it is today. Pursuant to its established succession plan, the Board of Directors has engaged an independent executive search firm to help identify Ibach’s successor. To support an effective transition, Shelly will serve as a strategic advisor to the new CEO and Board through the end of 2025. Read more about this announcement and additional changes to our Board of Directors here: https://lnkd.in/gHmTeDAd

Pamper Her Purple honors local Minnesota women who are cancer survivors and those still battling. It’s a celebration of hope and recognition of the resilience and courage each honoree possesses, including #TeamSleepNumber 's Amy, Senior Compliance & Legal Services Analyst, IP. Read the full article here:

Congratulations are in order for not one, but two Sleep Number representatives. Melissa Barra, EVP, Chief Sales and Services Officer and Angel Mendez, Board of Director of #TeamSleepNumber we're nominated and selected by Board Prospects, 100 Hispanic Board Members Making a Difference. We're grateful for your support, guidance and leadership! At #TeamSleepNumber , Inclusion is at the core of everything we do. Inclusion and belonging shape our culture and fuel our innovation. We celebrate diverse perspectives and are committed to providing everyone with opportunities to pursue their dreams. Read the full article here: https://lnkd.in/gdWHpsax

As a University of Wisconsin-Stout grad, it was an honor to represent the 40th Anniversary of UW-Stout’s Cabot Executive-in-Residence this week along with MG Marcia Anderson , Ret. US Army . We shared our leadership experiences with Stout faculty and students through numerous events including a panel discussion with UW-Stout’s Chancellor Katherine Frank. As Wisconsin's only Polytechnic University, Stout’s leadership is impressive and clearly resonating with the next generation of industry leaders. Thank you, Scott Cabot , for your Executive-in-Residence Legacy! #StoutProud #Polytechnic #AlumniLeaders #SleepWellDreamBig

Shelly Ibach

Yesterday, our Women of Sleep Number hosted their first Circulo de Amigos lunch club connection circle at headquarters. It's a lunch dedicated to listening, sharing stories and laughing together while practicing Spanish. We even had a special guest, Melissa Barra, EVP & Chief Sales and Services Officer join us. Ayer, nuestra red de mujeres organizó el primer Círculo de Amigos. Un almuerzo en el que escuchamos, compartimos historias y reímos, todo mientras practicámos nuestro español. Tuvimos una invitada especial que se unió nosotros, Melissa Barra, EVP & Chief Sales and Services Officer.

Sleep plays a critical role in overall health, and we know that temperature is a significant barrier to quality sleep. Read how #TeamSleepNumber is making an impact and supporting women's heath at all stages. https://lnkd.in/g-KBF3kz

Meet Dwayne, devoted family-man, basketball lover and Field Services Manager at #TeamSleepNumber . https://lnkd.in/gi85TgNn

Congratulations are in order for #TeamSleepNumber Annie Bloomquist for being recognized as one of the Top 25 Women Chief Innovation Officers of 2024 by Women We Admire. Your dedication to driving innovation and pushing boundaries continues to inspire us all. Here’s to many more groundbreaking achievements! Read the full article here: https://lnkd.in/gVgHqFz8

Happy World Gratitude Day! We encourage you to take a moment and reflect on the people, moments and experiences that enrich our lives and share gratitude for those around us. World Gratitude Day reminds us of the importance of expressing gestures of thanks and appreciation. Be sure to share your thanks and appreciation with everyone around you! #TeamSleepNumber #WorldGratitudeDay

From South Dakota roots to Sleep Number success, read Megan's story about Nature, Family, and Mental Health Advocacy. #TeamSleepNumber https://lnkd.in/g28cBjsw

	Jan '15	Jan '16	Dec '16	Dec '17	Dec '18	Dec '19	Jan '21	Jan '22	Dec '22	Dec '23
revenue	1.16B -	1.21B 4.92%	1.31B 8.04%	1.44B 10.16%	1.53B 6.03%	1.70B 10.89%	1.86B 9.32%	2.18B 17.69%	2.11B 3.23%	1.89B 10.73%
cost of revenue	449.91M -	472.95M 5.12%	501.13M 5.96%	547.15M 9.18%	603.61M 10.32%	646.43M 7.09%	700.55M 8.37%	866.10M 23.63%	912.00M 5.30%	783.01M 14.14%
gross profit	706.85M -	740.75M 4.80%	810.16M 9.37%	897.35M 10.76%	927.96M 3.41%	1.05B 13.36%	1.16B 9.89%	1.32B 14.09%	1.20B 8.84%	1.10B 8.14%
selling and marketing expenses	512.01M -	550.48M 7.51%	595.85M 8.24%	650.36M 9.15%	687.38M 5.69%	766.92M 11.57%	771.20M 0.56%	905.36M 17.40%	919.63M 1.58%	847.44M 7.85%
general and administrative expenses	84.86M -	99.21M 16.90%	109.67M 10.55%	127.27M 16.04%	119.38M 6.20%	137.96M 15.56%	159.00M 15.25%	161.41M 1.52%	153.27M 5.05%	146.62M 4.34%
selling general and administrative expenses	596.87M -	649.68M 8.85%	705.52M 8.59%	777.63M 10.22%	806.76M 3.75%	904.88M 12.16%	930.19M 2.80%	1.07B 14.68%	1.07B 0.57%	1.01B 5.86%
research and development expenses	8.23M -	15.97M 93.99%	27.99M 75.26%	27.81M 0.66%	28.77M 3.48%	34.95M 21.46%	40.91M 17.05%	58.54M 43.09%	61.52M 5.09%	55.80M 9.30%
other expenses	362K -	334K 7.73%	-717K 314.67%	-877K 22.32%	-5.91M 573.55%
cost and expenses	1.06B -	1.14B 7.92%	1.23B 8.43%	1.35B 9.55%	1.44B 6.40%	1.59B 10.22%	1.67B 5.38%	1.99B 19.13%	2.05B 2.76%	1.85B 9.66%
operating expenses	605.10M -	665.65M 10.01%	733.51M 10.19%	805.43M 9.81%	835.53M 3.74%	939.83M 12.48%	971.10M 3.33%	1.13B 15.88%	1.13B 0.81%	1.07B 6.05%
interest expense	53K -	160K 201.89%	811K 406.87%	975K 20.22%	5.91M 506.26%	11.59M 96.02%	8.92M 22.98%	6.25M 30.02%	18.98M 204.00%	42.70M 124.89%
ebitda	141.56M -	122.73M 13.30%	133.82M 9.04%	153.21M 14.48%	154.39M 0.78%	173.96M 12.67%	246.46M 41.67%	253.93M 3.03%	135.28M 46.73%	111.07M 17.90%
operating income	101.75M -	75.10M 26.19%	76.65M 2.07%	91.92M 19.92%	92.43M 0.56%	112.09M 21.28%	184.90M 64.95%	193.54M 4.67%	67.88M 64.93%	38.67M 43.03%
depreciation and amortization	39.81M -	47.63M 19.65%	57.17M 20.03%	61.29M 7.20%	61.97M 1.10%	61.87M 0.16%	61.56M 0.49%	60.39M 1.90%	67.40M 11.60%	72.40M 7.42%
total other income expenses net	362K -	334K 7.73%	-717K 314.67%	-877K 22.32%	-5.91M 573.55%	-11.59M 96.16%	-8.92M 22.98%	-6.25M 30.02%	-18.98M 204.00%	-58.42M 207.73%
income before tax	102.11M -	75.43M 26.13%	75.93M 0.67%	91.04M 19.89%	86.52M 4.96%	100.51M 16.17%	175.97M 75.08%	187.29M 6.43%	48.90M 73.89%	-19.75M 140.40%
income tax expense	34.13M -	24.91M 27.02%	24.52M 1.59%	25.96M 5.89%	16.98M 34.59%	18.66M 9.90%	36.78M 97.09%	33.55M 8.80%	12.29M 63.38%	-4.47M 136.35%
net income	67.97M -	50.52M 25.68%	51.42M 1.78%	65.08M 26.57%	69.54M 6.86%	81.84M 17.70%	139.19M 70.06%	153.75M 10.46%	36.61M 76.19%	-15.29M 141.76%
weighted average shs out	53.45M -	51.25M 4.12%	46.15M 9.95%	41.21M 10.71%	35.26M 14.45%	29.47M 16.41%	27.66M 6.13%	24.04M 13.11%	24.04M 0%	22.43M 6.69%
weighted average shs out dil	54.19M -	52.10M 3.86%	46.90M 9.98%	42.09M 10.27%	36.16M 14.07%	30.36M 16.07%	28.43M 6.35%	24.95M 12.24%	24.95M 0%	22.43M 10.09%
eps	1.27 -	0.99 22.05%	1.11 12.12%	1.58 42.34%	1.97 24.68%	2.78 41.12%	5.03 80.94%	6.40 27.24%	1.52 76.25%	-0.68 144.74%
epsdiluted	1.25 -	0.97 22.40%	1.10 13.40%	1.55 40.91%	1.92 23.87%	2.70 40.63%	4.90 81.48%	6.16 25.71%	1.47 76.14%	-0.68 146.26%

NASDAQ:SNBR

Sleep Number

Last Close

12.35

22/11 21:00

Market Cap

199.37M

Beta: 1.82

Volume Today

345.94K

Avg: 506.34K

PE Ratio

47.31

PFCF: −2.72

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