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 designs, manufactures, markets and retails personalized sleep products under the Sleep Number brand. Its beds emphasize adjustable firmness, pressure-relieving support and temperature-balancing comfort, with related products including FlexFit adjustable bases, bedding, pillows and furniture sold through company stores and digital channels.
Company announcements commonly cover mattress portfolio updates such as ComfortMode, ComfortNext and Climate collections, integrated brand campaigns, web and store availability, operating results, cost actions, credit-agreement amendments, liquidity measures and governance-related equity awards. The recurring themes tie Sleep Number’s product innovation and direct retail model to its turnaround, marketing and capital-structure activity.
Sleep Number (Nasdaq: SNBR) named Travis Kelce as a strategic partner and investor, launching a three-year national advertising and content collaboration featuring Kelce in TV and digital campaigns. Kelce will buy common stock on the open market and receive compensatory restricted stock units that vest over three years, and will hold under 5% ownership. The partnership aims to attract younger consumers and builds on Sleep Number’s NFL relationship; the company cites that 83% of NFL players have a Sleep Number bed.
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.