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

Metric
Company Name	Sleep Number Corporation
Symbol	SNBR
MSH ID	NASDAQ:SNBR
Market	STOCKS
Sector	Consumer Cyclical
Industry	Furnishings, Fixtures & Appliances
Country	US
Stage
Employee Count	4K
Website	sleepnumber.com
LinkedIn
Founders

Metric
Market Cap	199.37M
Enterprise Value	1.14B
Monthly Web Traffic
Web Traffic Growth
Valuation
Raised Capital

Metric
Revenue	1.89B
Revenue (LTM)	2.11B
Revenue (NTM)	1.89B
Gross Profit	1.10B
EBITDA	111.07M
Operating Income	38.67M
Net Income	-15.29M
EPS	-0.68
Diluted EPS	-0.68
Revenue 2022	2.11B
Revenue 2023	1.89B
Revenue 2024	2.12B
Revenue 2025	1.86B
Revenue 2026	1.94B

Metric
Revenue Growth (LTM)	0.12
Revenue Growth (NTM)	-0.10
Gross Profit Growth (LTM)	1.83
EBITDA Growth (LTM)	0.94
Net Income Growth (LTM)	-3.60
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin	0.59
Operating Profit Margin	0.02
EBITDA Margin	0.06
Net Profit Margin	-0.01
Return on Equity	0.09
Return on Assets	-0.01
Return on Capital Employed	12.66

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

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio	47.31
P/B Ratio	-0.50
Revenue Multiple (LTM)	0.54
Revenue Multiple (NTM)	0.60
EBITDA Multiple (LTM)	5.33
EBITDA Multiple (NTM)	6.30
Price to Sales Ratio	0.25
EV Multiple	-5.29

Metric
Days Sales Outstanding	3.48
Days Payables Outstanding	73.57
Days Inventory Outstanding	52.97
Operating Cycle	63.69
Cash Conversion Cycle	5.21
Asset Turnover	2.02

Metric
Operating Cash Flow	-11.04M
Free Cash Flow	-68.10M
Cash Flow to Debt	0.01
Operating Cash Flow/Sales	0.00
Free Cash Flow Yield	-0.37

Metric
Cash & Equivalents	2.54M
Accounts Receivable	-854K
Inventory	115.43M
Goodwill	64M
Debt to Capitalization	3.81
Debt to Assets	0.97
Current Ratio	0.22
Quick Ratio	0.09

Metric
Rule of 40 (LTM)	0.22
Rule of 40 (NTM)	0.00
Stock Comp to Revenue	0.01
R&D to Revenue	0.03
SG&A to Revenue	0.08