Welcome to our dedicated page for Sleep Number news (Ticker: SNBR), a resource for investors and traders seeking the latest updates and insights on Sleep Number stock.
Sleep Number Corporation (Nasdaq: SNBR) is a sleep wellness and wellness technology company in the upholstered household furniture manufacturing industry, known for its smart beds, mattresses, adjustable bases, bedding, pillows, and furniture. This news page aggregates company announcements, press releases, and other updates that reflect how Sleep Number is evolving its products, operations, and financial position.
Readers can expect product-focused news, including launches such as ComfortMode, which the company describes as its most comfortable mattress at a sub-$1,600 price point with firmness adjustability and temperature-balancing benefits that do not require an app or connectivity. Updates may also cover new adjustable bases and other additions to the company’s sleep solutions portfolio, particularly those aimed at reaching broader segments of the market and simplifying the product offering.
The news flow for Sleep Number also includes financial and strategic updates, such as quarterly earnings results, cost reduction efforts, and details of the company-wide turnaround strategy. Recent communications have discussed declines in net sales, net losses, significant operating expense reductions, and amendments to the company’s credit agreement designed to provide financial flexibility and support its turnaround plan.
Investors and followers of SNBR can also find leadership and governance news, including changes in executive roles such as chief financial officer transitions, board retirements, and participation in investor conferences. These items provide context on how the company is managing its capital structure, refining its strategy, and engaging with the investment community.
For anyone tracking developments in personalized sleep wellness, smart bed technology, and direct-to-consumer mattress retailing, this page offers a focused view of Sleep Number’s latest announcements. Regularly reviewing the SNBR news feed can help users understand how the company’s product initiatives, financial performance, and strategic actions are progressing over time.
Sleep Number (Nasdaq: SNBR) launched ComfortMode, a new mattress positioned as its most comfortable model at a queen starting price of $1,599, available January 20, 2026 at SleepNumber.com and stores. ComfortMode offers firmness adjustability and temperature-balancing materials with no app or connectivity, a 3.5-inch top comfort layer within a 10-inch mattress, and a matching adjustable base starting at $1,399 that fits inside or on top of most bed frames. Both products include a remote, a 100-night trial, and are FSA/HSA eligible.
Sleep Number (Nasdaq: SNBR) announced that CEO Linda Findley and CFO Amy O'Keefe will participate in the 28th Annual ICR Conference in Orlando, January 12-14, 2026.
Linda Findley will join a Fireside Chat with Peter Keith of Piper Sandler at 8:00 AM ET on Tuesday, January 13, 2026. The session will be webcast on the ICR website and a replay will be available for approximately 60 days on Sleep Number's investor relations site at ir.sleepnumber.com. The company also noted executives will hold investor meetings during the event.
Sleep Number (Nasdaq: SNBR) granted an equity inducement award on December 15, 2025 to newly hired Executive Vice President and Chief Financial Officer Amy O’Keefe. The award consists of 69,742 restricted stock units that vest in three equal installments on each anniversary of the grant and are subject to continued employment and the award agreement terms.
The Board approved the inducement on November 28, 2025 under Nasdaq Rule 5635(c)(4), and the award was granted outside Sleep Number’s equity incentive plan.
Sleep Number (Nasdaq: SNBR) named Amy O’Keefe as Chief Financial Officer, effective December 8, 2025, with interim CFO Bob Ryder remaining to support a transition through December 12, 2025. O’Keefe brings over 30 years of financial and operational leadership across consumer, technology, and wellness companies.
The company reaffirmed full-year 2025 financial guidance including expectations for net sales, adjusted EBITDA, a year-end profitability exit rate, and compliance with revised loan covenants. Sleep Number released an updated investor presentation outlining a company-wide turnaround strategy, cost reductions, operational streamlining, and an amended and extended credit agreement intended to provide financial flexibility.
Sleep Number (Nasdaq: SNBR) was ranked #1 in the J.D. Power 2025 U.S. Mattress Satisfaction Study for mattresses purchased in-store and online, marking the fifth time the brand earned this distinction.
The company highlighted strengths in comfort, support, feature variety and adjustable personalization via SleepIQ and ClimateCool/Climate360 technology. Climate360 sleepers averaged 52.5 minutes more restful sleep per night with SmartTemp based on SleepIQ data. Sleep Number operates 611 stores and directs readers to jdpower.com/awards and sleepnumber.com for more information.
Sleep Number (Nasdaq: SNBR) reported third quarter 2025 results for the period ended September 27, 2025, as it executes a company-wide turnaround. Key metrics: net sales $343M (down 19.6% YoY), gross profit $205M with a 59.9% margin, adjusted EBITDA $13M, and a net loss $40M (or $1.73 per diluted share). The company cut operating expenses by $44.8M (18%) pre-restructuring, incurred $41M of restructuring and non-recurring costs, and amended its bank agreement through 2027 to secure covenant flexibility. Updated 2025 outlook: ~$1.4B net sales, ~60% gross margin, ~$70M adjusted EBITDA, and ~$50M negative free cash flow, with management planning reinvestment into growth in 2026.
Sleep Number (Nasdaq: SNBR) announced that CEO Linda Findley and interim CFO Bob Ryder will participate in investor conferences in December 2025. December 8–9, 2025: participation in a panel and institutional investor meetings at the Raymond James TMT and Consumer Conference. December 12, 2025: virtual small-group and individual meetings at the KeyBank Capital Markets Consumer Conference. The panel will be webcast on the hosts' websites and a replay will be available for approximately 60 days on the company investor relations site at ir.sleepnumber.com.
Sleep Number (Nasdaq: SNBR) will release its fiscal third quarter results for the period ended September 27, 2025 before market open on Wednesday, November 5, 2025.
Management will host a regularly scheduled conference call at 8:30 a.m. ET (7:30 a.m. CT; 5:30 a.m. PT). A live webcast will be available in the investor relations section at ir.sleepnumber.com, and the replay will remain available for approximately 60 days.
Sleep Number (NASDAQ:SNBR) reported challenging Q2 2025 results with net sales declining 19.7% to $328 million and a net loss of $25 million. The company is undergoing a significant turnaround under new leadership, implementing enhanced marketing and product initiatives.
Key financial metrics include a gross profit margin of 59.1%, operating expense reduction of $48 million (21% year-over-year), and adjusted EBITDA of $24 million, down 17%. The company is executing an aggressive cost-saving strategy, targeting $130 million in savings for 2025, exceeding their initial target of $80-100 million.
For full-year 2025, Sleep Number projects net sales of approximately $1.45 billion, representing a 14% decline, with an expected gross profit margin of 61% and break-even free cash flow in H2 2025.
Sleep Number Corporation (Nasdaq: SNBR) has scheduled its fiscal second quarter 2025 earnings release and conference call. The company will announce its Q2 results for the period ending June 28, 2025, before the market opens on Wednesday, July 30, 2025. Management will host a conference call at 8:30 a.m. EDT to discuss the results. Investors can access the webcast through the company's investor relations website, with the replay remaining available for approximately 60 days.
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